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David Birch - AI and the Blockchain

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Blockchain Innovation Conference 2019 - #BIC19

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David Birch - AI and the Blockchain

  1. 1. @dgwbirch Please copy and distribute (last updated 22 June 2019) 1 AI and the Blockchain How exactly will they work together? Dutch Blockchain Innovation Conference June 2019 AI will probably most likely lead to the end of the world, but in the meantime, there'll be great companies - Sam Altman
  2. 2. @dgwbirch Please copy and distribute (last updated 22 June 2019) 2 David G.W. Birch author, advisor and commentator Global top 15 favourite sources of business information (Wired Magazine); London FinTech Top 10 most influential commentators (City A.M.); Top five leader in IDentity (Rise); Top 10 Twitter account followed by innovators, alongside Bill Gates and Richard Branson (PR Daily); Top 10 most influential voices in banking (Financial Brand); Europe’s most influential commentator on emerging payments (Total Payments); Emerging Payments Association contributor of the year.
  3. 3. @dgwbirch Please copy and distribute (last updated 22 June 2019) 3 Agenda A few ideas about AI and the blockchain Where do blockchains actually need AI? So here’s the business idea
  4. 4. @dgwbirch Please copy and distribute (last updated 22 June 2019) 4 Wow. AI. Blockchain. I mean wow there is nothing the blockchain cannot do so with artificial intelligence as well it will be, like, amazing
  5. 5. @dgwbirch Please copy and distribute (last updated 22 June 2019) 5 Wow AI. Amazing.
  6. 6. @dgwbirch Please copy and distribute (last updated 22 June 2019) 6 Wow. Blockchain. Amazing.
  7. 7. @dgwbirch Please copy and distribute (last updated 22 June 2019) 7 Wow. Blockchain and AI. Amazing.
  8. 8. @dgwbirch Please copy and distribute (last updated 22 June 2019) 8 OK. Meanwhile, back in the real world…
  9. 9. @dgwbirch Please copy and distribute (last updated 22 June 2019) 9 Hello. “Smart” “Contracts”
  10. 10. @dgwbirch Please copy and distribute (last updated 22 June 2019) 10 Hello. “Smart” “Contracts” April 2019
  11. 11. @dgwbirch Please copy and distribute (last updated 22 June 2019) 11 Hello. “Smart” “Contracts” May 2019
  12. 12. @dgwbirch Please copy and distribute (last updated 22 June 2019) 12 Hello. “Smart” “Contracts” June 2019
  13. 13. @dgwbirch Please copy and distribute (last updated 22 June 2019) 13 “Hello world” “How to build your first Hyperledger App” tutorial, chainhero.io
  14. 14. @dgwbirch Please copy and distribute (last updated 22 June 2019) 14 People are really bad at writing code I mean really bad 14
  15. 15. @dgwbirch Please copy and distribute (last updated 22 June 2019) 15 But humans are really bad at coding without error. Programs that can’t be fixed once they’re deployed need formal methods, functional programming and preferably a non- Turing-complete language. You need to program like NASA programming spacecraft. Programs that cannot be allowed to have bugs … can’t be bodged by an average JavaScript programmer used to working in an iterative Agile manner. And particularly not a programmer who’s copying and pasting code like they’re still doing web site front ends and hitting StackOverflow for cribs. David Gerrard “Attack of the 50ft Blockchain”.
  16. 16. @dgwbirch Please copy and distribute (last updated 22 June 2019) 16 …the quality of these projects is terrible, and here I’m not talking about any specific projects. Projects in general on blockchain have lots of bugs. People copy/paste the code from Open Zeppelin. They don’t even read the code. They copy the wrong code all the time. Every one of them is hackable. A lot of people have the perspective, “Well, we’ll fix it later.” But you really should be doing things correctly the first time if you’re touching blockchain. William Entriken, the lead author of the ERC-721 standard in “The Tokenizer” on 20th May 2019
  17. 17. @dgwbirch Please copy and distribute (last updated 22 June 2019) 17
  18. 18. @dgwbirch Please copy and distribute (last updated 22 June 2019) 18
  19. 19. @dgwbirch Please copy and distribute (last updated 22 June 2019) 19
  20. 20. @dgwbirch Please copy and distribute (last updated 22 June 2019) 20 Strategy Get robots to do the hard stuff 20
  21. 21. @dgwbirch Please copy and distribute (last updated 22 June 2019) 21 So Get a Machine Let the robots write ‘smart” ”contracts” 2 1
  22. 22. @dgwbirch Please copy and distribute (last updated 22 June 2019) 22 AI and the Blockchain 22 AI Very good at learning to do things that are boring and uncreative, like programming Blockchain The real opportunities aren’t the in consensus computer but the consensus applications Apps Get AI to turn real business ideas into consensus applications
  23. 23. @dgwbirch Please copy and distribute (last updated 22 June 2019) 23 in the future, everyone will be famous for fifteen megabytes engage 15Mb Ltd. post 1 Armadale Road, Woking, Surrey GU21 3LB, UK call +44 1483 834631 contact dave@15Mb.ltd visit www.15Mb.ltd follow @dgwbirch comment blog.dgwbirch.com connect https://www.linkedin.com/in/dgwbirch/ order amazon.co.uk “Before Babylon, Beyond Bitcoin”

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