Why Decentralization is Important for the AI Industry

Artificial Intelligence as a technology is revolutionary. It promises to change everything, from banking systems to healthcare and from Information and Communication technologies to advertising, and even arts. And its most prominent manifestation is in the form of automation of the various functions within these sectors. But mostly these are very specific purposes, and for the technology to realize its fullest potential there is a pressing need for the development of deep learning mechanisms. Mechanisms that are made up of completely independent machine learning technologies which can process data and analyze them to get results without human guidance (i.e. they do not require labeled data sets). While such technology is quite difficult to develop, it is essential to note that there are various challenges within the sector for technical progress to be made as well.