• AI revolution is here. AI will soon affect every person’s daily life. AI market is at $230B currently and is projected by experts to reach $3T by 2025. Experts call AI – the single most valuable technology in the history. AI overlords are coming and they will soon dominate your life.

    The Boston-based company called GenesisAI is here to fight back. The co-founder of GenesisAI – Archil Cheishvili says that: “currently, AI is owned by very few large corporations and nation states; moreover, they have accumulated immense power”. According to Archil, these oligopolies are acquiring all the good AI startups and are hiring every smart AI engineer. “The most powerful technology is being accumulated in the hands of a few right in front of our eyes. This is dangerous and is economically catastrophic for the people”.

    “Whoever becomes the leader in Artificial Intelligence sphere will become the ruler of the world.” — Vladimir Putin

    Archil argues that: “the new elite is emerging. Neo-feudalism is here. The middle class, soon, will be dead. The mega-corporations (e.g Facebook and IBM) are controlling robots (things that are automated) and AI (means to automate things). This gives them immense control over resources". According to Archil, without these “overlords” nothing can be created or changed in the future. “These companies will determine your life. If you do not conform, you will be excluded from the society. You will lose an ability to work, eat and live”, — says Archil. Archil notes that the more their (the overlord's) technology improves (through machine learning), more effectively they will rule over you, as you will become more dependent on the automation that they provide.

    In addition to AI owned by mega-corporations being dangerous, the monopolization of the AI is economically terrible for the people according to Archil: “Monopolists are pricing products much higher than they would if there were other competitors on the market, and hence ripping people off. Taking all the profits. Coercing people to pay the high price, and ultimately giving people no choice”.

    The end is near!

    Decentralization is the only solution to take AI back and give it back to the people. The Oligopolistic system should collapse — says Archil.

    Until now, the creation of decentralized AI marketplaces was not possible. Advancements in blockchain technology are making the decentralization possible.

    According to Archil, GenesisAI was created by AI thought-leaders to fight back and give the power of AI back to the people. “Our vision is AI for all. For the people and by the people!”

    GenesisAI is a web-based decentralized marketplace for AI services. The platform connects companies in need of AI services with organizations who would like to monetize their AI tech. “GenesisAI is fighting back against AI oligopolies by creating the first, decentralized, open access, marketplace of AI that does not exclude and discriminate anybody. Its benefits will be shared by all”, — says Archil. GenesisAI offers protocol (a bunch of smart contracts) for how AIs can work with each other, exchange data, learn from each other and leverage their capabilities. Anyone can participate by integrating their AIs with GenesisAI platform and anyone can get AI work done – fast, cheaply, securely.

    According to Archil, “If we do not decentralize the current system, the prosperity that AI brings will accrue with an incredibly small set of corporations and nation-states. We need decentralized AI network to spread benefits of AI to the people”

    “AI revolution is near and we need you to decentralize the system! We need you to overthrow AI overlords. For the people, by the people!”

    If you would like to learn more about GenesisAI check out their Telegram group and Twitter page.