During a value-packed discussion,Texas Blockchain Council President Lee Bratcher & Ryan Harper spoke about the intersection of AI, blockchain and innovation. Among other items, Bratcher spoke about the parallel between crypto mining and AI model training. Just as mining transitioned from CPU to GPU to more powerful ASIC microchips, this progression is likely to occur in AI model training.
Perhaps less appreciated is the fundamental role of blockchain in AI performance.
Performance? Wait blockchain is widely assumed to slow down data processing speeds! To be sure, we are referring to alignment and accuracy performance (not speed). It is here that blockchain and web3 innovation have a huge role to play.
It is no secret that AI can and does “get it wrong”.
AI performance continues to be problematic. Currently we try to improve accuracy by driving up the number of parameters (reaching trillions soon) used to train models. We can use AI to mine much of the information on the internet yet the bulk of human experience is not on the internet.
Human experience is not digital-first it remains physical-first.
Take healthcare for example. At the recent AHIP conference, the sentiment of large healthcare payers was predominantly fearful that AI would soon disrupt legacy business models. The industry is desperate for new solutions. Meanwhile AI in healthcare is not without error.
We need new thinking.
We need a dynamic firehose of verified ground truths to advance AI accuracy and alignment at the pace of change.
This is where blockchain, AI and innovation can combine to generate societies’ next leap in intelligence and supercharge a parallel leap in wealth creation.
Rather than populations on standby waiting for experts to sort out how best to manage the complexity of human health expression, we can leverage web3 and launch a partnership between community and industry to co-produce clinically relevant health intelligence at the pace of change.
What does this look like?
- Blockchain-based citizen-centric system of record to enable longitudinal safe and secure personal health digital assets. In other words, a digital homebase tracking on-the-ground truths.
- IoT and wearables to augment personal data value and easy access to exchange value across diverse market places
- Non-rivalrous, intellectual property-free zone of continuous AI to scan for correlations
- Smart contract pre-approved insights delivered to industry players for scientific rigor conversion of correlation to causation and follow on commercialization
Here’s a few of the issues we could solve:
- Automate eligibility assessments, speed time and transparency to payments, massively improve AI accuracy predicting population and individual future health risk
- Improve the value of EMR data. This is currently low value as it misses much of the Social determinants of health assumed to drive up to 80% of health outcomes.
- Improve Health engagement. Populations currently suffer low engagement in optimal health behaviors. With safe and secure tracking, the value proposition of improved data practices could motivate individuals to digitize their physical health expression and reap meaningful financial rewards for doing so.
- Healthcare intelligence is population-based. Thus this intelligence can only offer “average” outcomes to each of us. Meanwhile, not one of us exists as a population and no one wants “average”. We all want the best outcome for any particular diagnosis. Only a system of high fidelity on-the-ground truths is capable of accurately uncovering the co-occurrences that are associated with achieving outlier or optimal outcomes.
There is no time to waste!
Today just a handful of large players are transacting on our data. By leveraging web3 we can provide a safe and secure system of record that individual citizens can use to participate in diverse market places. Blockchain makes it possible for citizens to behave as individual data companies. Recall that in the 70’s the stock exchange served about 700 companies. A few decades later we have scaled to more and more companies driving a parallel leap in value creation.
New thinking is difficult to shrink into a few pages. For a deeper dive on these topics, please check out Wealthcare: Demystifying Web3 and the Rise of Personal Data Economies, also available as an NFT.
Blockchain, AI and innovation are combining to generate a much preferred future. Incumbents need not worry that legacy business models are at risk. There’s a swarm of workforce participants in the form of our free living communities ready to pull up their sleeves. Given safe and privacy preserving infrastructure, people are ready to co-produce business level intelligence and grow the economic pie for all stakeholders. Blockchain-based tech is ready to enable a new level of data integrity.
There’s no time to waste as generative AI continues to roam in unanticipated directions.
Without a dynamic firehose of ground truths available to course correct AI alignment and accuracy at the pace of change, we may be in serious trouble soon.
Only by ensuring data and follow on insight integrity through a by-the-people, for-the-people, crowd-sourced intelligence model leveraging blockchain can AI be the foundation of society’s next wealth inflection point.
Let’s not get this wrong.
