As we stated following our presentation at the World Economic Forum in Davos, there is an arms race for cutting-edge AI tech. SingularityNET is positioned at the center of that opportunity.
Already, we’re in active discussions with major corporations, governments, and blockchain projects. Our team is working incessantly to meet the mounting demand for our network.
The applications for SingularityNET are endless. We’ve partnered with Nexus to accelerate the creation of censorship-resistant blockchain infrastructure, NR Capital to develop AI-driven solutions for commodity trading, and Ocean Protocol to bridge the gap between AI and curated data.
Today, we’re excited to announce a new collaboration with Hacken to explore integrating our networks to provide a global, scalable solution to cyber-security issues.
Cyber Security is a Massive Opportunity for AI
The need for faster, more advanced technology for cyber-defense has never been higher. According to Statista, the global size of the cyber security market will reach $150 billion in 2018, surpassing $200 billion by 2020.
Size of the cyber security market worldwide (in billion U.S. dollars)
Cyber Security tech is already being monopolized
While many notable companies are investing heavily in cyber security, the potential to consolidate powerful technologies into the hands of a few actors remains likely.
“Google recently announced a major initiative in the cybersecurity space, and with the data and computing power and AI chops at their disposal, I have no doubt they can do some quality work.
However, I worry about the prospect of advanced cybersecurity becoming monopolized by big tech firms, particularly given recent revelations of the close connections between these firms and government surveillance projects.” — Ben Goertzel, SingularityNET CEO
Developing decentralized security infrastructure would provide free and open solutions to protecting personal identities and property. And while decentralized security solutions would democratize access, it also holds the potential to outpace private, centralized innovation.
A decentralized security solution could be a market leader
Large incumbents like Google and IBM are pouring billions into cyber security. While their existing market power grants them sizable research budgets, they must still bend to the will of national governments.
The results often culminate in massive invasions of personal privacy, breaching the entire end-goal of cyber security. According to the latest analysis, when the US government requested access to personal customer data, large tech companies nearly always complied.
How often big tech yielded information to the US government
Decentralized security solutions, however, have the potential to protect data in a way no centralized operator could match.
“I would much rather see the emergence of generally intelligent cybersecurity networks arise from the decentralized software ecosystem that’s being created via blockchain and other associated technologies. I think this can be a much more robust and democratic approach.” — Ben Goertzel, SingularityNET CEO
AI could rapidly accelerate decentralized cybersecurity efforts
Integrating decentralized cybersecurity infrastructure with SingularityNET’s AI-to-AI network may provide dramatic synergies.
Our partnership will identify opportunities to more efficiently uncover software bugs, security loopholes, and cyberattacks in real-time. This could lead to the launch of intelligent cybersecurity services to customers in both the traditional and crypto economies.
“If we want to stay ahead of the malevolent hackers of the world, the only really reliable way to do it will be to bring together the world’s best minds in cybersecurity and AI to create a decentralized digital mind customized to focus on the problem. That’s what the partnership between SingularityNET and Hacken will enable.” — Dmytro Budorin, Hacken CEO
Conducting a pilot program to gauge integration potential
The SingularityNET and Hacken teams have already identified valuable integration opportunities, and will be running multiple pilot programs to assess overall potential.
Next quarter, Hacken will be conducting a bug bounty on the alpha version of the SingularityNET marketplace. They will also be running similar tests on SingularityNET’s humanoid spokesperson, Sophia.
Hacken will be running bug bounties to improve Sophia’s security capabilities
Near-term milestones are to improve overall security, find and eliminate existing bugs, and enhance the functionality of each system.
Long-term, we’ll be exploring the application of AI techniques to cybersecurity in order to respond to the increasing number and variation of cyberattacks occurring around the world. Next-generation machine learning and general intelligence is desperately needed to combat the growing frequency of cyber attacks.
With new, advanced security threats appearing daily, a decentralized, AI-powered cyber security platform could provide the next-gen detection/resolution capabilities nearly every global industry demands.