Nodes Feeding Data To AI Systems - They'll Be A Massive Shift In Wealth Distribution Soon!
Centralized databases are closed off, investments off-chain fundamentally carry unrealized risks, this makes AI pretty much useless when tasked to analyze shit in the real world, but what happens when we come over to blockchain-based investments?
I term crypto investments the only investment in the world where risks are realized. In the real world people assume a lot of things including “government” security if shit hits the fan with investments and many times don't get it.
With crypto, risks are realized because you can see it all looking at you.
How would you know if a business or company underresports its losses? Or overstates its gains?
Or maybe overstress its developments and all that in the real(off-chain) world?
The reality is that you really can't.
But what if the business was based on blockchain technology?
How would a company understate losses when the company's on-chain balance will show it just as gains will be reflected?
This is the beauty of blockchain technology, it provides a social proof for building businesses with integrity.
More Users In Business Equals Higher Profit
But it's not what you think.
It's never about the numbers of users, but the quality of the data you'd get for having more users. The one and only way to kill companies like Google, Meta and the rest is to feed them with bad data.
Bad data is a business negative, this is true for all businesses. People think ad blockers will kill Google, well good luck killing a company controlling the very population that spends the most on the Internet.
It will always find a way to mine quality data to keep its business running because it runs the system people constantly feed valuable data to.
Here's a joke that is not actually a joke: it would be easier to kill the USD than Google.
So while the majority believe that having more users is beneficial because you can extract more money from them, the reality is that more users or consumers provide more data benefits that eventually bring more monetary benefits.
Why do you think companies consistently send you emails with headlines like “We Value Your Input” bla bla bla, even When you have not bought or paid for shit from them, it's because data is wherein lives the money.
Your information to them at this point is a lead, welcome to digital marketing.
A piece of information from one customer is potentially worth 10 more customers and even investors.
AI x Blockchain - The Economy Built On Data
Imagine a world where a few prompts thrown at an AI chatbot would result in a million dollar trading strategy, this is something that should be a reality in the near future.
As decentralized finance grows on crypto users, dexes become highly active market places for crypto trading activities from spot to futures trading.
This enables a world where AI becomes an engine for discovering profitable trading patterns or investment opportunities.
Think about it, compared to a human, how fast can an AI system find crypto arbitraging opportunities across markets and report that with details on factors that could pose a risk for entry or really just restrict it?
That's right, way faster. Think about how fast Google search returns a result for your query. AI would make building trading strategies that can be deployed onto crypto trading bots super easy, just feed it the right prompts and Voilà, there's a million dollar data thrown at your face.
With crypto portfolio trackers already becoming quite advanced at tracking on-chain activities, having a fully designed AI system deployed as a chatbot would be game changing.
This, I personally believe is a future quite possible, we are poised for a grand shift in wealth distribution, the software market is about to experience major technological advancements.
And people that will task themselves to leverage this system to the fullest will make insane money.
Posted Using InLeo Alpha