The emergence of artificial general intelligence and the global brain provides new opportunities for realizing humanity's long quest for a more utopian existence. Open collaboration and exchange networks facilitate voluntary cooperative activity by people at dispersed physical locations.
Blockchain technologies could be used to create transparent currencies in which transactions can be done openly and has the potential to humanize global economic interactions, giving them more emotional resonance, as increasing affluence lessens individual and societal preoccupation with maximizing economic gain. The value and power of Artificial Intelligence is growing dramatically every year, and will soon dominate the internet —as well as the economy as a whole. However, AI tools today are fragmented by a closed development environment; most are developed by one company to perform one task, and there is no way to plug two tools together.
SingularityNET aims to become the key protocol for networking Aritificial Intelligence and machine learning tools to form a coordinated Artificial General Intelligence. The SingularityNET platform is powered by a utility token that is tailored to enabling its core functionality. The token ‘AGI’ is structured specifically to enable four key mechanisms:
A key goal of SingularityNET is to ensure that the technology used in AI is benevolent according to our human standards, and the network they run on is designed to incentivize positive competition and reward fair and beneficial players equating to a healthy AI ecosystem.