Artificial Intelligence & Blockchain Smart Contracts Explained
Introduction
One of the essential parts of our lives is relationships, and the most valuable asset we have is our time. As a result, I want to appreciate all my readers today. Whether you follow my posts regularly or this is your first time here, thank you for the gift of your time and attention. I'm sure you will find this episode a lot more intriguing.
Today, we will be diving into NFTs, artificial intelligence, GPT 3, creating art, our purpose, giving things away automation, and how that affects you.
Quantum Computer and AI
A Quantum computer is like a supercomputer with superior power and capacity. It looks more like a spaceship than a standard computer, and it has to be cooled down more frequently. This quantum computer can almost predict the future because of the brilliant engineers who designed it. If it takes a 2020 home computer to complete a calculation in a million years, a quantum computer with AI will complete the same calculation in a few seconds. Imagine Google search engine is an advertising engine that understands you more than you understand yourself. The speed at which this supercomputer works aids in producing new medicine instantly and many other potentials that were once thought to be impossible.
Unalterable Smart Contracts
Now imagine you want to buy a house. You would need to get a real estate agent, a title, a down payment, and legal agreements in the form of contracts. Imagine all the legal agreements, down to the contracts being condensed into a piece of code (an unalterable smart contract), cutting out a lot of work and many people involved. Each individual required to execute these contracts in a real estate transaction can condense it into code. That means the smart contract executes itself with the requirements from the buyer and the seller on what's called Web 3.0. When you merge this with AI, we can create a society run by algorithms. So, when I talk about Blockchain and smart, intelligent software developers, I'm talking about real people creating contracts.
An algorithm is just a principle that runs automatically, and the code we understand can repeatedly run efficiently. So, if you put all the real estate contracts into a smart contract on Blockchain, condensed into code, all that's needed is for the buyer and the seller to transact between themselves without the need of any middle man. It exists today, and we refer to it as Blockchain. Ethereum is possibly the safest Blockchain that we know.
Financial Art
The most exciting part about smart contracts is the nonfungible token, an NFT. It's a piece of art that cannot be exchanged for anything identical. So you can create a bunch of NFTs attached to the smart contracts. Using the real estate example, the contract only requires the buyer and the seller to sign. Once the contract is signed, it is published publicly. Every transaction visible to the public becomes valid. Once we merge the ability to transact individually with art (nonfungible token), we get a smart contract (financial art).
The simplicity of GPT-3 and Open AI
Artificial Intelligence is just code that software developers are writing, and the system is taking in data and learning. What GPT-3 and Open AI have released is a new software. The release of Open AI is the equivalent of the release of the iPhone. iPhone became popular from 2007 to 2008, but you might not have gotten your first iPhone until 2013 to 2014 when most people saw its relevance.
Imagine asking your Grandma to make a video game, like Pacman, and all she has to do is tell Open Codex, in plain English, to create the elements of Pacman, e.g., yellow smiley face, the jellyfish chasing the smiley thing, the maze, the number of lives, etc. The program can grab the original code from Pac-Man with your Grandma's specifications, and she would actually have her own video game in 15 to 20 minutes. It's crazy but possible.
Software is Eating the World
We are taking the newly released software to a place where we can automate using our words. We can speak into the program and watch it come to life. As a result, software developers and coders are now lawyers because of smart contracts and artists because they can create through code nonfungible tokens. They're also building the future of finance.
If you've heard the phrase, 'Software is eating the world,' it means you can tell the machine what to do if you understand how to program and speak English, and the machine will create it based on previous examples. Imagine three to five years from now, when the system is as seamless as when you open up your new iPhone. Most people will be able to speak into existence what they want to create through words or other images in 2025.
Access to Art Creation in the Metaverse
We're bringing automated art and architecture into the metaverse first so that we can design beautiful things with software faster. This concept isn't new, it has been around for years, but now everyone can access it through their smartphone. If you have access to a smartphone, you have access to a quantum computer and can design your metaverse.
It's been around for years, but now everyone like you and I can have access to it. As long as you have a smartphone, you have access to this. You have access to us, a quantum computer. If you have a smartphone, you can actually use this stuff. The converging world of Blockchain with smart contracts that automatically execute with no attorneys and lawyers takes place in the metaverse.
The Merging of the Real World and Metaverse
When the real world and the metaverse merge, we have a relationship. What is going to happen to relationships in a spatial environment? How will you leverage technology to spend more time in nature, spend more time with your family, and maybe develop a medicine triggered specifically for your DNA to help just you? These things are becoming possible rapidly in a way we can't comprehend as humans. We cannot understand what it's like to think like a hive mind with a billion people. Still, Open codex or GPT-3 takes a billion inputs and instantaneously gives an output. What could have taken a hundred years, can now be done in seconds. If that happens, you’ll have a lot more time on your hands. What are you going to do when you can get eight hours of work done in 10 minutes?
Conclusion
Flow city is at the cusp, the cutting edge of this mixed with gaming and wellness. Now we can take that concept and create something with it. We can assume that new knowledge and find out our superpower. We're headed in that direction, and it's going to change the world, your family, and your relationship.
And lastly, I want to ask you a few questions:
What's your first NFT going to be?
What's your first piece of art? Is it going to be music or a video of you? How are you going to create an NFT on Blockchain using AI?
How can you spend 10 minutes creating your first NFT with AI?
Let me introduce you to what Flow City is about to present: the ability to mint and create on Blockchain with AI a piece of art with your purpose. We're ready to release this, and I'm so excited to get you involved. Come check it out Flowcity.art You're going to be able to mint your purpose and experience what it's like for an AI to interpret your life through code. Thank you so much for reading. I hope you learned at least one new thing. I'm happy to help you understand. If you are confused or have a question, please let me know on Twitter. Thank you again for being here, and I hope you have a wonderful day.