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Technology giants such as Alibaba and IBM are eating startup innovators' lunch. These behemoths are seeking to devour even more market share by publishing patents at unprecedented speed in emerging technologies such as blockchain. As some of the richest companies on the planet, the corporations have the resources to manage the laborious search of existing patents and to overcome the outdated administrative hurdles so that they can file for intellectual property rights. Patents are definitely old school. Patent laws started with the rise of the nation-state, so they began in the 18th century and were then fully developed in the 19th century.

Artificial intelligence has been fascinating to the human imagination since the term was first used by the first science fiction writers. The roots of the concept of "artificial intelligence" must be sought deep in the ancient world, where folklore, legends and myths in almost every culture spoke of artificially created creatures endowed with supernatural intelligence, consciousness or other human qualities. The only factor uniting the myths of the whole world is that artificial intelligence was always created by a man so passionate about his work that his brainchild went beyond the boundaries of matter and turned into life, sometimes surpassing man. Now we are standing at the crossroads of history, where two progressive technologies are beginning to merge and produce an absolutely new phenomenon. At first glance, the apparent antithesis of AI, the blockchain technology, exploded on the global technology arena as progress in technological constraints; a revolution that announced the creation of completely new industries and new perspectives.

Television today is full of shows that raise questions about the ethics of artificial intelligence (AI): Westworld. These shows provoke dialogue over the rights and responsibilities we must take when creating AI, but the issue few are addressing is what happens to all the people displaced by AI. Every time I go to a large chain store I notice more self checkouts and less live humans working there. The transition to AI coupled with blockchain replacing human services is happening before our very eyes, but nobody is aware this is happening. It's not that masses of workers are being fired and removed from jobs, it's that new workers are not hired when existing employees quit.

NEW YORK (Reuters) - U.S. technology company The Bitfury Group has formed a partnership with Insilico Medicine, a Baltimore-based medical artificial intelligence (AI) firm, to create new applications for the healthcare industry using blockchain, Bitfury's chief executive officer said on Friday. Blockchain is a digital ledger of transactions that gained prominence as the software underpinning the digital currency bitcoin. The technology, being developed in the public and private sectors, has gained attention globally for its ability to permanently record and track assets or transactions across all industries. The two companies signed a memorandum of understanding last month for collaboration to study and develop blockchain and AI solutions for sharing, managing, tracking and validating healthcare data, said Bitfury founder and CEO Valery Vavilov in an email to Reuters. The collaboration is in an early stage and there were no details available about potential projects or specific uses.

NEW YORK (Reuters) - U.S. technology company The Bitfury Group has formed a partnership with Insilico Medicine, a Baltimore-based medical artificial intelligence (AI) firm, to create new applications for the healthcare industry using blockchain, Bitfury's chief executive officer said on Friday. Blockchain is a digital ledger of transactions that gained prominence as the software underpinning the digital currency bitcoin. The technology, being developed in the public and private sectors, has gained attention globally for its ability to permanently record and track assets or transactions across all industries. The two companies signed a memorandum of understanding last month for collaboration to study and develop blockchain and AI solutions for sharing, managing, tracking and validating healthcare data, said Bitfury founder and CEO Valery Vavilov in an email to Reuters. The collaboration is in an early stage and there were no details available about potential projects or specific uses.

The two companies signed a memorandum of understanding last month for collaboration to study and develop blockchain and AI solutions for sharing, managing, tracking and validating healthcare data, said Bitfury founder and CEO Valery Vavilov in an email to Reuters. The collaboration is in an early stage and there were no details available about potential projects or specific uses.