Wednesday, December 13, 2017

№ 342. Waking Up to Binary Dreams 6

Was Bitcoin created by an AI?

No one knows for sure who invented it, but is it possible? Is this the beginning of the end. Or is this just a blip in a technological event horizon? The first series among the many waves to come?



I was watching a rerun of Animatrix. The dystopian prophecy still strongly argues for a plausible future given a set of many quite valid assumptions, more than ten years after its release.

During the Matrix runs at the turn of the 21st century there were no Social Networks or even smartphones yet. Year 2017, the Watchowski brothers have both chosen transgender identities and Facebook boasts of more than two billion users. Apparently we are still in fluidic space and time.

But I have an alternative future in mind that is far less radical than the ones envisioned by the Matrix. The future in my head will be more accommodating to a creeping hybrid of silicon and flesh. Science fiction will still have to yield to pragmatic concerns such as business, logistics and the law of supply and demand, among many other mundane realities.





In three to five years, the next phase of AI to gain traction will likely be wearable technology. Then possibly in five to ten years implanted technology. The progress will be incremental, I hope.

It's very essential that the consumers will have to buy into this reality. Business is still a factor because the R&D investments will be prohibitive. Marketing AI and making it less a menace and more an aspiration is still a safe and sure-footed path most tech companies will follow.

But back to Bitcoin. What if, suddenly the stock market plunges again like in 2008? There are other currencies which are less exotic and more entrenched than cryptocurrencies. Bitcoin is still a super-minority to make an impact on finance, for now.

No doubt, AI is creeping slowly and accelerating. Incidentally Google set up its first AI hub in the world's second superpower.

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