Researchers at Facebook’s Artificial Intelligence Research (FAIR) group have developed a piece of AI software that can determine what ingredients were used to make a certain dish and describe how they were assembled.
The problem they faced is that, unlike specialized PoW mining hardware for cryptocurrencies such as ASICs and GPUs, IoT devices vary widely in their computational power and energy resources. After all, IoT is a broad category that includes everything from pocket-sized temperature sensors to internet-connected automobiles.
Though the video may have come across as grandiose and slightly ridiculous, it was emblematic of Pelletier’s approach to bitcoin. He liked to make big promises, even if he couldn’t always deliver. Back in 2016, he was an enthusiastic cryptocurrency convert and had big plans about how to make money.
The three companies operate in a young, unpredictable industry and are planning their IPOs in Hong Kong in brutal market conditions. The price of bitcoin, which soared to nearly $20,000 in December, has since plunged by about two-thirds. Other cryptocurrencies like ethereum have plummeted, too.
The Stockfish engine cruised to the top spot in the Chess.com Computer Chess Championship, scoring an astounding 51/70 against the world’s top chess engines in stage two of the rapid event CCCC 1.
“It’s no secret that machines are advancing exponentially and will eventually surpass human intelligence,” said Ben Goertzel, SingularityNET’s CEO and creator of the software behind a social, humanoid robot named Sophia.
Here’s what you should think about before you make an investment in bitcoin and other cryptocurrencies.