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Navigating the Future with Generative AI: Part 4, Unstoppable AGI and Superintelligence?

AGI and Superintelligence 1

1. Connecting the Dots Between Two Life-Changing Milestones for Humanity

In a Times Magazine interview, Yann Lecun remarked, “I don’t like to call [it] AGI because human intelligence is not general at all.” This viewpoint challenges our common understanding of Artificial General Intelligence (AGI) versus the supposed limitations of human intelligence. The term “artificial general intelligence” itself seems overused and often misunderstood. While it initially appears intuitive, upon closer examination, nearly everyone with an informed perspective offers a different definition of AGI.

The fog only thickens with Ilya Sutskever, Chief Scientist behind the wildly popular GPT generative AI model. In an MIT Technology Review interview, he states, “They’ll see things more deeply. They’ll see things we don’t see,” followed by, “We’ve seen an example of a very narrow superintelligence in AlphaGo. […] It figured out how to play Go in ways that are different from what humanity collectively had developed over thousands of years. […] It came up with new ideas.”

Before DeepMind’s AlphaGo versus Lee Sedol showdown in 2016, we had IBM’s Deep Blue chess victory against Garry Kasparov in 1997. The unique aspect of these AIs is their mastery within a single, specific domain. They aren’t general, but superintelligent—surpassing human capability—within their respective areas.

In this article within the “Navigating the Future with Generative AI” series, we’ll explore two inevitable stages in humanity’s future: AGI and Superintelligence.

2. Defining AGI: What Do We Really Mean?

Numerous definitions exist for what we call AGI and superintelligence. These terms often intertwine in contemporary discussions around artificial intelligence. However, these are two very distinct concepts.

Firstly, AGI stands for Artificial General Intelligence. This signifies a state of artificial intelligence built upon several building blocks: machine learning, deep learning, reinforcement learning, the latest advancements in Generative AI and Imitation Learning algorithms, and basic code. These all contribute to a level of versatility in task execution and reasoning. This developmental stage of synthetic intelligence mirrors what an average human can achieve autonomously in various areas, demonstrating a generalized capability to perform diverse tasks.

These tasks stem from a foundation of knowledge—akin to schooling—combined with basic learning for completing new, periodically defined objectives to achieve specific goals. These goals exist within a work setting: finalizing an audit ensuring corporate compliance with AI regulations, ultimately advising teams on mitigation strategies. Conversely, they exist in daily life: grocery shopping, meal preparation for the next day, or organizing upcoming tasks. This AGI, working on behalf of a real human, benefits from globally accessible expertise. These attributes enable assistance, augmentation, and ultimately, complementation of everyday actions and professional endeavors. In essence, it acts as a controllable assistant: available on demand and capable of executing both ad-hoc and everyday tasks. The operative word here is general, implying a certain universality in skillsets and the capacity to execute the spectrum of daily tasks.

I share Yann Lecun’s view: a key missing element in current AI models is an understanding of the physical world. Let’s be more precise:

  • An AI requires a representation of physics’ laws but also an operational model determining when these laws apply. A child, after initial stumbles, inherently understands future falls will occur similarly, even without knowledge of the gravitational force field. They can learn, sense, and anticipate the effects of Earth’s gravity. Similarly, our bodies grasp the concept of weight calculation without comprehending its mathematical expression before formal learning.
  • Beyond this world model, an AI needs to superimpose a system of constraints, continuously reaffirming the very notion of reality. For example, we understand that wearing shoes negates the feeling of the hard ground beneath. Our preferred sneakers, due to their soles, elevate us a couple of centimeters, offering a slight cushioning effect while running. We trust the shoes won’t detach, having secured the laces. We vividly recall fastening those blue shoes before beginning our run as usual. Most importantly, we possess the unshakeable belief we won’t sink into the asphalt, knowing it doesn’t share mud’s consistency. Thus, we can confidently traverse our favorite path, striving for personal satisfaction, aiming to break that regional record.
  • An AI needs not only the ability to plan but also the capacity to simulate, adapt, and optimize plans and their execution. Recall your last meticulously planned trip. Coordinates meticulously plotted on your GPS, you set off with time to spare. But alas, the urban data was outdated, missing the detour at the A13 freeway entrance. Then, misfortune struck: an accident reported on the south freeway, traffic condensing from three lanes into one. Stuck in a bottleneck, only two options remain—pushing forward in hope or finding an alternate route. Checking your watch: 23 minutes left to reach your destination. This is how dynamic and complex planning a task can be. And yet, humans are capable of handling this all the time.
  • An AI requires grounding in reliable and idempotent functionalities, echoing the foundation of classical computing: programming, logic, and arithmetic calculation. The ability to call upon an internal library, utilize external APIs, and perform computations is paramount. This forms the basis of real-world grounding, maintaining “truth” as the very infrastructure of AGI. It’s about providing an action space yielding predictable, stable results over time, much like the verified mathematical theorems and laws of physics backed by countless empirical papers. Take, for instance, the capacity to predict a forest drone fleet’s movements using telemetric data, factoring in wind speed and direction, geospatial positioning, the relative locations of each drone and its neighbors, interpreting visual fields, and detecting obstacles (trees, foliage, birds, and so on).
  • An AI have to capitalize on real-time sensory input to infer, deduce, and trigger a decision-action-observation-correction loop akin to humans. For instance, smelling smoke immediately raises an alarm, compelling us to locate the fire source and prevent potential danger. Smartphones, equipped with cameras and microphones, display similar capabilities. Taking this further, devices like Raspberry Pis, when combined with diverse electronic sensory components, can even surpass human sensory capacities. Consider a robot with ultraviolet, infrared, or ultrasonic sensors, allowing it to “sense” things beyond our perception. This lends literal meaning to Ilya Sutskever’s statement.

This implies that AGI won’t necessarily be beneficial or provide significant added value in highly specialized fields, especially in areas where humans have been traditionally adept. This applies to domains like fundamental research, inventiveness, and engineering design – areas I believe will remain constrained by the currently available knowledge pool on the internet. This limitation arises because AGI’s continued advancement is largely driven by companies tailoring it to their specific expertise, often regarded as intellectual property.

Thus, we progressively journey towards AEI: Artificial Expert Intelligence. This translates to a model or agent, a pinnacle expert in its field. Imagine an AEI on par with the top 5% of experts (> 2σ) on this planet, reaching Olympian levels, like AlphaGeometry and AlphaProof, who secured the Silver Medal at the International Mathematical Olympiad.

The architectures with the most potential rely on active collaboration between expert models (Mixture of Experts) and between agents (Mixture of Agents). Even when individual model performance within this collaborative framework isn’t the absolute best, the collaborative outcome exhibits a quality level on par with, if not exceeding, that of the best individual models like GPT4-o. It’s a striking testament that collaboration, be it human or artificial, remains the most effective avenue to reach any objective.

3. Humanity’s Inevitable Ascent Towards Superintelligence

Revisiting the human versus machine narrative, 2018 marked a pivotal encounter: AlphaStar versus TLO (Dario Wunsch), then MaNa (Grzegorz Komincz), two professional gamers from the renowned StarCraft Team Liquid. Created by Google DeepMind, AlphaStar is a digital prodigy trained on the collective experience of 600 agents, equivalent to 200 years of playing StarCraft.

Consider the inherent imbalance when directly contrasting human capabilities against those of AI:

  1. Replication Capacity: AIs can be copied indefinitely.
  2. Relentless Training: AIs train ceaselessly, needing no sleep, nourishment, or breaks.
  3. Absolute Focus: AIs exhibit unwavering concentration on their designated tasks.
  4. Self-improvement through concurrent learning: AIs hone their abilities by training against their evolving intelligence, devising novel strategies to secure victory.
  5. Linear scalability: the more computing and memory resources you add, the greater the performance

The outcome: an AI consistently outmaneuvering the crème de la crème of a strategic open-world video game’s premier league. And as if that weren’t enough, it maintains its position within the Grandmaster league.

Here lies the very essence of an intelligence surpassing human decision-making abilities within a similarly vast and dynamic environment: this is what we classify as Superintelligence, or ASI.

Superintelligence, from my perspective, transcends mere human intelligence and even surpasses collective human intelligence. It indicates that even a group of individuals, regardless of their combined expertise and knowledge, would be outpaced, left trailing by an artificial intelligence capable of going beyond their cumulative potential.

Imagine instead a new form of synergy: a “super” human system collaboratively engaged in highly cognitive functions with this Superintelligence. This involves humans directing or, perhaps more accurately, guiding this Superintelligence based on our needs. While this Superintelligence operates with its own raison d’être, it wouldn’t clash with the fundamental purpose of humanity. This Superintelligence possesses access to those superior functions—understanding the universal model within which humanity exists. It possesses the model of reality itself.

Moreover, it resides within a self-improvement and discovery paradigm, continuously unveiling novel operations, new paradigms, and potentially even new forms of energy. Think entirely new physics laws that govern our universe; laws that humans, as of yet, have not uncovered. This encompasses diverse domains: medicine, engineering, revolutionary material science, new composite development, and engineering breakthroughs for unprecedented construction methods. Envision a symbiotic relationship between humans and machines fulfilling humanity’s ambitions. The limitations posed by individual human existence or the current state of collective human intelligence dissolve; no longer a barrier, it morphs into an expansive vision of human evolution, a potential accelerator for progress.

It even prompts new questions: How far can humans evolve? Or more precisely, how quickly?

However, we shouldn’t discount the possibility that artificial Superintelligence won’t be seen—or won’t see itself—as a novel species.

Therefore, being as rational as possible, we cannot accurately predict if this species would afford humanity the same compassion and civil collaboration that we strive for with our fellow human beings. It’s even plausible that they won’t hold any particular regard, instead pursuing their objectives, much like we think little of stepping on ants while daydreaming in a beautiful landscape, lost in contemplation, our thoughts oscillating between everyday worries and future aspirations.

4. What Would Constitute Human Superintelligence?

Human superintelligence embodies the culmination of all accumulated knowledge, discoveries, experiences, and yes, even the mistakes made by our ancestors to this point. Ultimately, this human superintelligence represents the collective “us” of today. It’s what fuels our intricate logistics and supply chains, our relentless pursuit of natural resources. It underpins our scientific endeavors: from breakthroughs in biology, mathematics, and agriculture, to understanding our global economic system – allowing us to manage our resources effectively, allocate them efficiently, and strategize our reinvestments. Money, in this light, transforms into a socio-economic technology.

Essentially, when comparing human superintelligence—today’s collective human intellect—with artificial superintelligence, a stark contrast emerges in their evolutionary cycles. Artificial intelligence advances at a significantly faster pace, powered by recent breakthroughs in training using our data. This data, importantly, reflects our findings, the mirror to thousands of years of human advancement accessible through the internet. This hints that artificial superintelligence would evolve at a much faster rate than humanity itself.

This rapid advancement stokes anxieties about potential disruption within the job market. Tech titans like Sam Altman advocate for Universal Basic Income (UBI) as a safety net for those displaced by artificial intelligence or robotics, allowing individuals to meet their basic needs even after losing their jobs. At that juncture, work itself detaches from its traditional role: that direct link between labor, contribution to the value chain, recognized worth, and societal standing. Instead, we confront the image of an economic umbilical cord, individuals sustained by the state-funded by fellow citizens.

While I remain undecided on my stance regarding UBI’s necessity, it compels contemplation. When UBI becomes a reality for a significant portion of the population, what function does money truly serve within our society? How do we sustain work motivation beyond “earning a living” when basic needs are met without active contribution? What ripples will be felt throughout a sovereign currency? Will the collective of people continue to control the economy, or is the future in the hands of AI-driven megacorporations?

There are so many answers yet to be uncovered.

After all, maybe “computing” should be considered a universal right. Therefore, we would shift the focus from UBI to UBC, Universal Basic Computing.

5. AGI and Superintelligence: Steering Toward a Future of Abundance or Ruin?

The next cycle hinges on resource accessibility and access to “programming” the world. Initially, artificial intelligence, at the very least, will permeate our daily lives. We are transitioning to personalized AI assistants, specializing in our chosen pursuits, whether robotics for errands, learning assistance for mastering a new language, or perfecting one’s singing voice. Next to none, specialized AI coaches will emerge to achieve elite athletic status, along with AI tutors guiding our artistic development beyond the readily available generated art of today.

Simultaneously, this superintelligence would be managing our complex systems: national infrastructures, electricity grids, vast transportation and logistical networks. Thus, it can drive early warning systems for natural disasters or power next-generation weather prediction platforms that incorporate oceanic currents. It will even account for stellar events such as shifts in the sun’s activity, factoring in our solar system’s dynamic positioning.

In conclusion, these are just glimpses into the potential futures shaped by AGI and superintelligence. However, the core message remains: we stand at a critical juncture. Depending on our collective appetite for progress, we could be headed toward a future of abundance or stumble along the path toward our own undoing.

Science offers an incredible opportunity: the chance to break free from a civilization driven by profit-motivated conflicts and ideological clashes. Instead, it enables collaboration guided by a neutral, third-party entity—one that embodies the best of what we, as a species, have strived for, built, and imagined. This collaboration offers a path for our societal framework to truly evolve.

The future is bright if we make it right.

🫡

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Artificial Intelligence Automation Business Business Strategy Engineering Innovation Robots Strategy Technology Technology Strategy

Update on Tesla’s Optimus #Robot – it is progressing fast

Tesla’s Optimus Robot learning from humans

The most impressive part is the technique employed by the Tesla team for accelerating the robot’s dexterity: the robot physically learns from human actions. 

Now, let’s step back and analyse Tesla’s master plan here:

(Putting on my business tech strategy goggles) 

1. Tesla builds electric cars augmented with software programmability.

2. Tesla provides an electric grid as a service.

3. Tesla builds gigafactories that maximize the automation of car manufacturing. Almost every single part of the pipeline is robotized and optimized for speed of production.

4. Tesla builds Powerwalls (by providing energy storage, it also creates a decentralized power station network).

5. Tesla brings autonomous driving (FSD) to Tesla cars. Essentially, cars are now transportation robots governed by the most advanced AI fleet management system.

6. Tesla builds its own chips (FSD Chip and Dojo Chip)

7. Tesla builds its own supercomputers.

8. Tesla launches Optimus, which aims to replace the human workforce in factories and warehouses.

9. X.ai, which has recently raised $6 billion, X’s supposedly “child” AI company, brings the Grok AI model trained on X/Twitter data. While you may say X data is not the best, X has a algorithm balanced with human judgment (community notes), AND the company regroups the largest set of news publishing companies. Basically, it automates curation and accuracy.

10. A version of the Grok AI model will likely power Optimus’s human-to-robot conversational interface.

11. Tesla cars will be turned into robotaxis, disrupting not only taxi companies but also Uber (the Uber/Tesla partnership may not be a coincidence), and eating into the shares of Lyft and BlaBlaCar.

12. Tesla will enter the general services business, and retail industries to offer multi-purpose usage robots – cleaning services for business offices, grocery stores, filling the workforce shortage in the catering (hotel-restaurant-bar…) industry, etc.

Tesla is not the only one moving in the “Robot Fleet Management” business. Chinese companies like BYD (EV) offer strong competition, and there are several robot startups (like Boston Dynamics and Agility Robotics) racing for the pole position.

#AI #artificialintelligence #Robotics #Optimus #EV #software #EnergyStorage #Automation #powerwall #AutonomousVehicles #FSD #chips #HighPerformanceComputing #Robots #GrokAI #NLP #robotaxis #innovation #WorkforceAutomation

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Strategy Architecture Artificial Intelligence Blockchain Business Business Strategy Enterprise Architecture Organization Architecture Technology Technology Strategy

Architecting the Future: How RePEL Counters VUCA for Modern Enterprises

I was first introduced to the term VUCA by my ex-colleague, Julian TROIAN, a leader in coaching who steers the talent management practice. This revelation came during a particularly challenging phase for us, mirroring the struggles of many other companies. We found ourselves navigating the intricacies of the COVID lockdown while simultaneously undergoing a significant shift in the corporate way of working. Our project portfolio was expanding, driven by the rapid pace of transformations, and we felt the weight of increasing regulatory pressures. But we recognized that these challenges were not ours alone. Then, significant disturbances emerged: the Eastern Europe conflict and a surge in inflation, to name a few.

Moreover, the world stood on the brink of simultaneous technological revolutions. Innovations like blockchain and the nascent promise of the metaverse hinted at new horizons. Yet, it was the seismic shifts brought on by Generative Artificial Intelligence that seemed most profound.

VUCA is an acronym encapsulating the themes of vulnerability, uncertainty, complexity, and ambiguity. Herbert Barber coined the term in 1992 based on the book “Leaders: The Strategies for Taking Charge”. I believe many can relate to these elements, sensing their presence in both professional settings—perhaps during office hours—and in personal moments with family.

Life, in its essence, might be described by this very term. We all traverse peaks and lows, facing situations of heightened complexity or vulnerability. The challenge is not just to navigate these periods but to foster strength and ingenuity, arming ourselves for future obstacles.

I consider myself fortunate to have garnered knowledge in enterprise architecture—a domain that inherently equips any organization, product, or service with resilience, making adaptability part of its very DNA.

In the subsequent sections, I explore strategies for developing VUCA antibodies.

From Vulnerability to Resilience: Building an Unshakable Future

Rather than getting bogged down by vulnerabilities, it’s about harnessing resilience. Robustness is the key to building thick layers of protection, ensuring longevity in our ventures. By deliberately creating anti-fragile mechanisms, we’re better prepared for tough times. This resilience doesn’t just happen; it’s constructed. Architects weave it into their designs across various realms:

  • Information Systems: These are designed to be failure resistant. Potential mistakes and erratic behaviors are predicted and integrated into the system as possible anomalies. In such events, responsible teams must give clear procedures to users, operators, and administrators to restore the system to its standard operational mode.
  • Data Management: From acquisition and processing to analytics and visualization, there’s complete control over the data flowing into the system. This range from a service request made over the phone, a command initiated by an AI, or even a tweet that prompts the system to respond.
  • Security: Safeguarding the system against potential hacks is crucial. Additionally, it’s vital to design the system in a way that vulnerabilities don’t open doors for intrusions. Depending on the chosen architectural delivery method, this can be addressed proactively or reactively.
  • Infrastructure: The foundational physical infrastructure, tailored to the system’s needs, must be aptly dimensioned. At times, specialized hardware like GPU-driven servers, or programmable network devices might be essential to cater to particular needs during both the development and operational phases.
  • Organization: People, integral to the corporate ecosystem, influence the system’s effectiveness. Their actions and behaviors enhance system efficiency, especially when elements like trust, making amends for failures, regular maintenance, and adaptability to change are activated.

All these aspects aren’t mere byproducts; they’re deliberately designed system features.

From Uncertainty to Probable Planning: Navigating with Confidence Through Uncertain Waters

Predicting the future is beyond anyone’s capability, but architects can narrow down scenarios to the most probable outcomes. Through modeling techniques like system design, trend analysis, scenario planning, and causal loops, they can forecast with a higher degree of accuracy. However, the planning phase isn’t without challenges:

  • Resources: There are times when constraints in time, finances, skills, and materials can make a proposed solution unfeasible. Recognizing this early on is vital.
  • Leadership: A wavering decision-maker, filled with doubt, can be a significant impediment. This is a leadership challenge that needs addressing at the top. In such a situation, the architect must highlight the unstable matter with benevolence and candor.
  • Team: The implementation is only as good as the team behind it. If team members don’t possess the necessary skills or their abilities don’t align with the mission’s complexity, especially when executing multiple plans simultaneously, it will compromise the execution of the plan.
  • Expertise: last but not least, the architect’s seniority and the time allocated to address your transformation’s VUCA elements also play a critical role.

From Complexity to Engineering: A Blueprint for Simplification

Sometimes, complexity arises from perception, misunderstanding, or underestimating a situation – often, it’s a mix of these elements.

Imagine you have three wooden chairs, and you wish to create a sofa. Is it even possible? Fortunately, Ikea offers a DIY toolbox that can help you realize this vision. When you describe your idea to the store specialist, she confidently directs you to aisles A8 to C12 for the necessary components. At first, you feel relief. But soon, doubts about your abilities confront you. Even with your experience in crafting wooden furniture, you’re unsure about the mechanisms you’ll need, the type of finish to choose, the tools required for precise cuts, and the best materials for durability. Are these materials environmentally friendly? This confusion and uncertainty are akin to experiencing VUCA.

The architect’s role is to first understand the complexity, determine the facts, and uncover what’s unknown, converting it to known information. Then, the challenge or problem is segmented into manageable pieces. I refer to this process as “Undesign.” The goal of undesigning is to get a clear and detailed view of the end goal by atomizing the current state, structure, and behavior. This is achieved through methods like decomposition, deconstruction, alternate system modeling, and sometimes reverse engineering. Subsequently, the architect uncovers a path to transform and assemble these components.

The essence of engineering is to assemble these components using identifiable, simple building blocks. These blocks are selected, modified, added, and connected in a logical order, ensuring the right materials, technologies, and tools are used. People with the right skills can then efficiently bring the project to life, ensuring it’s as seamless and enjoyable as possible. Even the user’s psychological experience matters!

In summary, what seems intricate and complex can be distilled into simpler, manageable parts.

From Ambiguity to Lucidity: Transitioning from Wishful Thinking to Tangible Outcomes

Architects don’t just exist in the present; they shape the future. Their responsibilities lie in meticulously designing and planning changes that will inevitably impact an organization’s products or services. Any vision, no matter how abstract, becomes initially tangible through their work. They ensure this by providing explicit construction instructions, detailed models of the final product, and ensuring the requisite resources and skills are in place. By doing so, architects play a pivotal role in turning ambiguity into precision.

Moreover, it’s the architect’s responsibility to align ambitions with the resources available, ensuring that goals are realistically achievable.

In wrapping up, VUCA can be perceived as a daunting challenge. But, with the right leaders onboard, RePEL becomes a natural response to unfriendly environments and stressful times. They hold the key to transforming volatile situations into clear, well-defined future pathways, keeping the enterprise entropy under control.

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Technology Bitcoin Blockchain Business Business Strategy Cardano Cryptocurrencies Ethereum How to Polkadot Strategy Technology Strategy Web 3.0

How to grasp the blockchain world and safely walk your first steps into Web 3.0

blockchain

The following is a quick guide explaining how to become acquainted with the world of blockchain, crypto, and web 3.0:

  1. First, I invite you to start with these videos:
    1. What is a Blockchain: https://youtu.be/rYQgy8QDEBI
    2. The difference between Bitcoin and Ethereum blockchains: https://youtu.be/0UBk1e5qnr4
    3. What is a Smart Contract: https://youtu.be/ZE2HxTmxfrI
    4. What is a Stablecoin: https://youtu.be/pGzfexGmuVw
    5. What is an NFT: https://youtu.be/FkUn86bH34M
  2. Understand the key concepts of web 3.0 by googling them: Blockchain, Wallet, Cryptocurrency, (crypto) token, Mining, PKI, tokens, Smart Contracts, Dapps, Decentralized Exchanges (DEX), Staking, ICO, ITO, Layer 1/2/3 protocols, transaction fees, consensus, etc.
  3. Know what are the major Web 3.0 technologies, their differences, and their value propositions like Bitcoin, Ethereum, Polkadot, Cardano, Cosmos, Polygon, Hyperledger, IPFS, Storj, Solana, Tether, etc. Not only the network but also the development tooling and the distribution means.
  4. Understand what new business models, organization models, like DAO, and features the Web 3.0 is bringing with respect to Web 2.0. Then research how Web 2.0 and 3.0 complement each other.
  5. Select one Blockchain technology and stick to it, in the beginning, to understand how Dapps are being built, distributed, and promoted in the ecosystem. Some of the most popular depending on your areas of interest: Uniswap (DeFi), OpenSea (Digital Art, NFT), Axie Infinity (Gaming), …
  6. Understand token economics and how it is possible to have such a huge valuation and market capitalization.
  7. Learn by doing!
    • Learn to use blockchain tools like Etherscan and Bitcoin Explorer, to see all Ethereum Blockchain transactions. And now is the time to look up your own wallet!
    • Then, you could fund your wallet using the most popular and safest Crypto Trade Exchanges like Kraken, Coindesk, or Crypto.com.
      Notice that you can buy cryptocurrencies with Paypal, but you currently cannot transfer them to your own wallet. Paypal is holding bitcoin for you.
  8. Follow the various companies and foundations expanding the web 3.0 (tech websites, Twitter) to grasp how the ecosystem is expanding. Then, ask yourself how these companies are regulated.
  9. Interact on LinkedIn, Twitter, and Reddit with knowledgeable people and enthusiasts.
  10. If you are an IT engineer, start programming with Solidity. I find the Truffle Suite genuinely good to build Smart Contracts and NFTs in an easy way.
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Data Architecture Business Business Strategy Data Information Technology Legal Technology Strategy

The European Data Act: actually, can your data become a reliable source of income?

data economy 1

The European Data Act has recently been published.

It aims at clarifying and strengthening the governing framework of the #dataeconomy.

In the nutshell (extract):

“The Data Act will give both individuals and businesses more control over their data through a reinforced data portability right, copying or transferring data easily from across different services, where the data are generated through smart objects, machines, and devices.”

For example, a car or machinery owner could choose to share data generated by their use with its insurance company.

Such data, aggregated from multiple users, could also help to develop or improve other digital services, e.g. regarding traffic, or areas at high risk of accidents.”

Some thoughts on this

1️⃣ I wonder to what extent the boundaries of your data ownership can be explicitly defined, then transparently coded in IT systems, so that a “data asset” is legally bound to you as your property.

2️⃣ After this, you could ask Facebook, Instagram, and TikTok to share a piece of the cake: % of the revenue generated from your data.
Let’s face it, it looks like a game-changer, if it can really be implemented.

3️⃣ Ultimately, you can capitalize on GPDR architecture. It pushes the concepts of data ownership, consent management, data counters, data KPI, data censorship management, IAM, data expiry management, etc.

4️⃣ Beyond multicloud oversight solutions, this is an excellent use case for permissioned blockchain, like Hyperledger Fabric. (e.g. Infrachain )

5️⃣ Innovative business models to arise like “Mutual Data Funds”, or Open Data Lakes”, where a set of businesses or individuals would provide a set of qualified and certified data sources to act as “Value Added Data Sources”, something similar to Bloomberg or Reuters for financial News.

Also, these Mutual Data Pools are fitted to be plugged as Oracles in blockchains (#ethereum#chainlink#binance, etc.)

I can already envision the pitch of startups like “We are the Bloomberg of space mining Data” (which would be awesome by the way👍)

6️⃣ This could boost the API economy. But also push further the adoption of GraphQL and AsyncAPI standards.

7️⃣ I reckon open industry data models are a much better way to start. It would help regulators (e.g. Commission de Surveillance du Secteur Financier (CSSF) , CNPD – Commission nationale pour la protection des données , CNIL – Commission Nationale de l’Informatique et des Libertés), auditors and regtech (e.g. Scorechain ) to have a common ground to build their control frameworks and oversight infrastructure.
Now, it is time to stitch them together.

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