Effect.AI is an effect network which brings to us a decentralized network that provides services in the AI market.
Simply put, the services in the AI market are being caused to change from being concentrated at one point where only big and rich companies and cooperative bodies control the industry to a point where it is being distributed so as to become accessible even to workers, users, average developers and small businesses.
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With AI comes the fourth industrial revolution where an intelligent machine puts out its optimal utilization capacity of the production facility.
This means that the economy and society will be affected hugely as companies who invest in AI will sack over 90% of their manpower thereby saving themselves costs of labour. Most white collar jobs will go into extinction.
This revolution will create very wide and almost unbridgeable gaps between the haves and the haves not.
However, it is this gap that Effect.AI is trying to bridge through the decentralized Mechanical Turk.
As a brand that encourages personalized experiences it can do a lot to help the not-so-rich meet up to these changes.
Decentralized Mechanical Turks I'm this effect platform can serve as a source of income to workers when they complete a wide range of interesting tasks put up by effect requesters. On completion of these tasks, they get paid with NEP-5 token. It allows people from all around the world work from the comfort of their homes, anywhere and at any time breaking the barrier of distance and timezones for FAIR payments.
Fair payments in the sense that there is a pool known as the Galaxy Pool that keeps the exchange rate stable for the users of the platform at all times.
This work from distance integrates social groups in the labour market that are not so available for the traditional employment relationships.
Through the tasks completed by the users, AI developers have access to a large workforce of human intelligence from around the globe to train and improve their AI algorithms.
It is a place for learning and interaction and it serves ample time for interpersonal communication.
After the AI algorithms have been improved to the satisfaction of the developers, Effect.AI creates a market where people can readily buy and sell services of these AI algorithms and for easy payment with the effect token.
Each algorithm has its own wallet for easy acceptance of transactions and they can also synergize with other algorithms and purchase services from each other.
Over the years AI performance has improved thanks to deep learning and some other advanced techniques.
In the last phase of this effect network called Effect.AI, they distribute also the computational power needed to run deep learning frameworks and other algorithms. This is the effect power.
As we know, the cost of AI development is on the high side. With the effective work of Effect.AI to reduce this cost, it will bring about integration as even flexible workers from developing countries too with highly creative abilities can be part of the development of AI, work at any time defying timezone barriers and with no pressure where work is shared.
This way everyone is carried along in this march to the future of industrialization.
And in the end it's a win-win situation for everyone involved.
Here is the link to the on- going contest @ originalworks: https://steemit.com/cryptocurrency/@originalworks/4m2myp-300-steem-40-bonuses-sponsored-writing-contest-effect-aieffect.ai2018.
Here is the link to the on- going contest @ originalworks: https://steemit.com/cryptocurrency/@originalworks/4m2myp-300-steem-40-bonuses-sponsored-writing-contest-effect-ai
effect.ai2018.