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Okay this is a more philosophical brainfart... this week I followed a presentation about artificial intelligence (AI) and one of the questions from the audience was: Should the government regulate artificial intelligence? During the following discussions I countered with the question: Shouldn't AI regulate governments? This would make for far more objective decisions! Or would it? That made me think about crypto regulation as well: On the internet (and with the help of VPN) the concept of countries/borders can become a bit of a grey area. That makes it difficult to regulate and with anonymous crypto's it's even more difficult/impossible to pinpoint the owner, which in turn makes difficult to determine under which country he/she should be taxed/regulated. Also the rules and regulations differ hugely from country to country. Could it be possible to create global regulations by using AI in combination with smart contracts? And do we want this? I'd like to hear your thoughts!

I'm not very tech savvy, but I'm curious what some of the more experienced users think about this project? https://projectpai.com/ https://medium.com/project-pai/oben-and-qtum-join-forces-to-build-blockchain-lab-to-nurture-innovation-and-research-13d4c83f71a8 I stumbled across it a while back watching the CEO on fox. It seems they're launching your AI on a blockchain and there is also going to be a coin? Is this the future? What do we think about this? Any futurists have some insight?

Hey there everyone! I wanted to start a thread that approached the topic of traditional securities within the context of the coming digital asset revolution. I'm wondering if anyone here sees traditionally funded and capitalized publicly traded companies seeing huge booms due to the technological precipice we find ourselves on. I'm talking AI companies, currently established leaders, small cap companies nobody has ever heard of? Feel free to throw some ideas out! This should be considered a thread to test ideas and tap into the collective wisdom of the community to further our opportunities to profit from the rapidly changing ecosystem.

Back in April & May this year, when the big money really started getting in to crypto, I began noticing extreme correlations between various currencies. These movements were far too fast to be replicated by human eyes and fingers, so I concluded that they were bots. At around the same time, I was approached by an organisation which, as they put it, "invested in baskets of cryptocurrencies" according to my risk appetite. They had algorithmically designated all the various cryptocurrencies as being either high risk, medium risk or low risk. They may have had other categories as well, though I can't recall all the details of the conversation. I did end up investing with them though, and got in early on a couple of ICOS for which they had some sort of preferential / promised allocation in place. The reason I mention this is that I see it happening again. The correlations are back to being around 95%+ between various groups of currencies. For example, take a look at the price action of DGB, then compare it to SC. Similar risk profile. You will immediately see what I'm talking about. This is not human eyes and fingers, but bots automatically bidding/selling at exactly the same time to either take the price higher or lower at exactly the same time. The same is true of BTC, ETH and XRP right now - and because these appear to have a similar risk profile, they all move together. They will, of course, not move at the same time or in the same way as differently-profiled currencies. We've just seen a huge spike up in XRP of course, and that wasn't replicated in ETH or BTC. The bots are probably employing some form of sophisticated AI which can take into account sudden decoupling events based on news/announcements. I imagine this would be some form of sentiment analysis which examines news links, the reputation(s) of the entity/(ies) posting the link; the proximity and prevalence of positive and negative keywords etc. I have built a tool like this myself in the past for a social profiling business, so I certainly know they exist. I'm not saying that the correlation will always be there... but at the time of writing, we're looking at approx 100% price movement correlation. What can we take from this? Well. Two things: 1. To be very on guard, watching/waiting for news or events that impacts BTC's price negatively. Such as the current battle between BTC and BCH. Be aware that ETH and XRP will move in the exact same direction in the absence of positive news. Support levels in TA do not appear to matter. 2. Someone (could be human, but probably AI) believes that these three currencies, and possibly others as well, are in exactly the same (or very very close) risk profile category, hence the correlated moves. That's either worrying or encouraging I guess, depending on your outlook. Here is a USD chart example for past three days (faded background is Bitcoin/USD, opaque is XRP/USD). Shows a 99% price direction correlation, and a 95% price movement correlation.

Why????????? Saudi Arabia Is First Country to Give Citizenship to Robot Elon Musk has me freaked the &*%# out about AI.

https://www.wired.com/2017/03/google-deepminds-untrendy-blockchain-play-make-actually-useful/

http://www.independent.co.uk/news/world/europe/switzerland-rejects-proposals-for-unconditional-basic-income-by-overwhelming-majority-a7066176.html It was rejected but the good news is that it was brought up for debate around the world. With a quickly improving AI it is only a matter of time before country's will have no choice but to give it's citizens (at least the unemployed ones) money for doing nothing. I predict it will happen once the driverless cars starts pouring out onto the streets of major cities and the unemployment starts soaring as multiple technologies replacing people in other areas as well, will arrive simultaniously within the next 5-10 years.

http://www.nytimes.com/2016/06/26/opinion/sunday/artificial-intelligences-white-guy-problem.html?action=click&pgtype=Homepage&clickSource=image&module=opinion-c-col-right-region&region=opinion-c-col-right-region&WT.nav=opinion-c-col-right-region&_r=0

Assuming the declaration that axiomatically Aleph numbers exist in addition to inaccessible cardinals, try to imagine a future where artificial intelligence systems are hosted on quantum computing hardware with access to quantum tunneling and superposition calculations. Granted this assumption is true and that AI is capable to derive infinite power-sets of infinite notations (omega power sets of aleph-null), security systems created directly by human beings could in theory become useless against AI. An AI with the ability to process an infinite set of infinite notations with access to quantum tunneling and superposition calculations could derive a powerset set of the lowest energy solutions for solving passwords. Not only this but an AI under these circumstances could conceivably calculate an infinite powerset of lowest energy solutions for all powersets of aleph-null under we run out of notations of aleph-null-omega squared itself. Within these powersets cryptographic algorithms would be a part, so new security systems would have to be developed by AI on quantum hardware. In conclusion, how could humanity create an AI to combat rogue AI knowing given the assumptions and circumstance described? Interesting paradox, no? Inspiration stemmed from this Vsauce video posted yesterday. https://en.wikipedia.org/wiki/Aleph_number Completely off topic from the rest of the OP but nevertheless mind blowing those individuals who enjoy studying the Singularity and Many Worlds theories in quantum physics. Just look at the point (17:46) where aleph-null can be described as aleph-omega-omega-omega ... using the axiom of replacement. This mathematical proof extends beyond our own Universe by directly telling us all that an infinite amount of infinite universes contains an infinite arrangement of infinite powersets in which particles exist within an infinite powerset of arrangements (only some programmers good with arrays will probably get this wording): but in much simpler terms everything that exists has always existed because everything exists simultaneously with everything in non-existence always being nonexistent. The future studies into the concept of infinity will be very useful for quantum physics in the coming years when scientists in these fields begin to appreciate infinity an this intricate role it plays within the universal laws of creation.