Key Points
- The Artificial Superintelligence Alliance revealed the logo for the $ASI token.
- The merger of $FET, $AGIX, $OCEAN is set to be completed on June 13.
The merger of AI-focused protocols Fetch.ai, SingularityNET, and Ocean Protocol to form the Artificial Superintelligence Alliance (ASI) completion is just a few days from completion.
The project has just announced via their X account that they have a logo for the token.
The emblem for $ASI reportedly symbolizes the token merger of SingularityNet, FetchAI, and Ocean Protocol, representing the unity of the projects’ strengths and the dawn of a new era in AI.
The official announcement also revealed that by combining all their resources, these projects are set to create a force to challenge big tech’s control over AI development.
According to the message on X, the ASI Alliance ensures that AI advancements benefit all humankind, not just a select few corporations.
The ASI Alliance also invited followers to join the project in pushing the boundaries of AI, working towards a future where technology enhances the lives of everyone.
Here is the logo for the project, according to the official message of the team:
A unique opportunity for challenging and outpacing Big Tech
On June 6, the team at ASI Alliance noted in a message that the ASI token merge presents a unique opportunity to challenge and potentially even outpace big centralized tech companies, by the power of decentralization. The team says that they will create a more equitable, transparent, and innovative AI landscape.
On June 7, the ASI Alliance also told followers that we all grew up watching SCI-FI movies and wondering about the future, and today, we are living in it, and “we are coming together building the next stage.”
We all grew up watching sci-fi movies, wondering about the future..
Today we are living in it… and we’re coming together building the next stage
The Artificial Superintelligence Alliance – ASI pic.twitter.com/DE0HxaPGGH
— Artificial Superintelligence Alliance (@ASI_Alliance) June 7, 2024
The merger of AI-focused protocols Fetch.ai, SingularityNET, and Ocean Protocol to form the Artificial Superintelligence Alliance (ASI) will be completed on June 13.
A few days ago, the team at ASI Alliance also presented the key benefits of decentralized AI.
Centralized vs. Decentralized AI
Also, recently the team at ASI Alliance posted some key differences between centralized AI and decentralized AI via a message on X.
They noted that the centralized AI is predominantly developed and controlled by Big Tech and has the following risks:
- Data monopolization which involved concentrating power and data in the hands of a few, risking privacy and autonomy.
- Bias and manipulation, referring to the potential for embedded biases and misuse for manipulative purposes.
- Single point of failure, meaning that centralized systems are more susceptible to attacks and outages, posing risks to functionality and security.
Decentralized AI, on the other hand, involves a distribution of AI power across various stakeholders. This means the following:
- Enhanced privacy and security, reducing risks of massive data breaches and misuse
- Inclusivity and diversity, encouraging a broader participation base, mitigating biases, and fostering a more equitable AI landscape
- Resilience, meaning that a decentralized network is less prone to attacks and system failures
The ASI Alliance also noted that adopting a decentralized structure for AI development is not just about eliminating risks, but about creating a more equitable, secure, and resilient technological future.
