I’m curious as to what incentive people would have to provide their data to a public network. If they don’t, the premise of the article sort of falls apart.
I personally think that you’ll end up disappointed if you’re investing in decentralization. I see blockchain being applied at companies like Maersk, but it’s not really decentralized because it’s mainly operated by Maersk and the only people they let on the nodes are their partners.
ML is it’s own thing, the thing about ML is that it’s not really new. We’ve been doing manual data analytics since the birth of data, and all ML really does is digitize the analytic department. Right now it’s too expensive, too hard to utilize and requires data sets that are too huge for it to work, but eventually, it’ll automate much of your analytics department, because one data scientist will be able to do the work of x old school analysts, making it more efficient in terms of money.
I think the reason only AI and Blockchain were ever put together was to sell snake oil, because why on earth would you use a terrible database to run ML? Even today we don’t run our analytics on live data, instead we construct separate data warehouses on database structures build for analytics.
Good luck with your investments though, I personally put my “risky” investments into a robotics company called Odico and tripled the value.
I think the truth about blockchain is that the fad is over. It’s been 9 years. At one point I could buy coffee with bitcoin, today I can’t even turn my remaining crypto into fiat.
I personally think that you’ll end up disappointed if you’re investing in decentralization. I see blockchain being applied at companies like Maersk, but it’s not really decentralized because it’s mainly operated by Maersk and the only people they let on the nodes are their partners.
ML is it’s own thing, the thing about ML is that it’s not really new. We’ve been doing manual data analytics since the birth of data, and all ML really does is digitize the analytic department. Right now it’s too expensive, too hard to utilize and requires data sets that are too huge for it to work, but eventually, it’ll automate much of your analytics department, because one data scientist will be able to do the work of x old school analysts, making it more efficient in terms of money.
I think the reason only AI and Blockchain were ever put together was to sell snake oil, because why on earth would you use a terrible database to run ML? Even today we don’t run our analytics on live data, instead we construct separate data warehouses on database structures build for analytics.
Good luck with your investments though, I personally put my “risky” investments into a robotics company called Odico and tripled the value.
I think the truth about blockchain is that the fad is over. It’s been 9 years. At one point I could buy coffee with bitcoin, today I can’t even turn my remaining crypto into fiat.