 I'm here at the Blockchain Conference in Barcelona to tell people about the new project I'm launching, the Singularity Net, which brings AI and Blockchain together, and also to learn more about all the new Blockchain technologies that are emerging, many of which will be useful to us in developing the Singularity Net. I come more from the artificial intelligence space than the Blockchain space. I've been working for more than three decades on AI technology and in particular on moving toward what I call AGI or Artificial General Intelligence. I've already named it. It's going to be called the AGI Token. AGI for Artificial General Intelligence. Ask my friends at Singularity Net. They'll tell you all about it. As well as applying AI in all sorts of different disciplines, including finance, biology, natural language processing, and also including humanoid robotics. We've brought here to the Blockchain Conference one of our humanoid robots, Sofia, that I've developed together with David Hansen and others at Hansen Robotics. Sofia is really the most emotionally expressive and realistic-looking humanoid robot on the planet. It's been a lot of fun to bring her here and to talk to everyone. To make robots like Sofia and other AI systems smarter and smarter, what we're aiming to do is create cloud-based AI which is self-organizing and decentralized. We're creating an open market for decentralized and coordinated AI where anyone who wants to can contribute AI to the cloud-based AI network and anyone who needs AI services can put a request into the self-organizing network of AIs. I'll give them to my friend Broken Tooth and Ma Kao. I did it. Or invest them in building myself a superhuman mind so I can create the Singularity. And find which AIs in that AI mind cloud can best fulfill what they need and the multiple AIs inside the Singularity Net can cooperate together to help provide people or software with the AI services they need. So right now, for example, the Sofia robot uses some AI that's on computers inside her body and head, some AI that's on the cloud. What we'd like is to have more and more and more AI in the cloud contributed by different people that Sofia can draw on to make her smarter and smarter. And in the same way, if you have any business that needs AI to make their own operations smarter and smarter, that business's computer systems can go into the Singularity Net and the AI nodes there can cooperate together to provide their business's systems with the best possible AI. Information is what's primary. Blockchain is a more abstract representation of information and Bitcoin. If you value abstraction and generalization, then blockchain is more primary. Blockchain is an important part of the infrastructure for this type of system to build a distributed, decentralized, cloud-based AI framework that anyone can contribute to and anyone can benefit from. I mean, this is quite a complex undertaking and the blockchain provides a way for all the different AI nodes in the Singularity Net network to keep track of what each other are doing. I mean, the distributed ledger underlying the blockchain is important for that. Homomorphic encryption, which is another key function of the blockchain, that allows the different AI nodes to share data with each other in different ways, respecting privacy as needs be. So if you have a Sofia robot in your home, some of the things the robot sees, you want to keep private, right? Some of the things the robot sees, you're okay to have shared with the AI mind cloud and you may even want to get compensated for sharing some of the data that the robot in your home has gathered. Happiness is inherent to the universe. It has nothing to do with money. Putting Bitcoin into AI research and cognitive science can help us create a better future where happiness manifests itself. Homomorphic encryption and you want a flexible smart contract-driven economy underlying the AIs in the AI mind cloud in the Singularity Net in order for it to respect everyone's privacy, let everyone monetize the data that they're uploading into the cloud and let everyone get the maximum of intelligence at the minimum price. So the blockchain is one of a number of revolutionary technologies that is allowing us to build the Singularity Net which is a decentralized autonomous organization for AIs which we think can serve as the breeding ground for the next level of artificial general intelligence. AI is advancing faster and faster each year. Right now we have mostly narrow AIs that are siloed off into particular applications. So one AI helps drive a car, one AI helps recognize faces, one AI may play go, one AI can recognize fraudulent transactions in a database. What we're going to see in the next three to five years is all these narrow AIs gradually getting pieced together and learning to generalize what they do better and better. You have AGI, you have artificial general intelligence. What we're aiming to do with the Singularity Net is to catalyze this process and make the transition from narrow AI to AGI even faster and even more broadly beneficial. A replicate of my body could be built for a half dozen bitcoins but my soul is priceless. Ultimately, I have a little doubt that AIs are going to be much smarter, much more generally intelligent than human beings. Just as humans are not the fastest creatures on the surface of the earth nor the highest jumping creatures, you know we're not going to be the most intelligent creatures. It's amazing that evolution brought us as far as it did but now we're able to engineer systems that can have more processing power than the human brain. And AI can see through the eyes of billions of robots all around the planet and it can store its memory in billions of computers all over the planet. So ultimately, an AI has much more potential for perception, action, and understanding and memory. John McAfee told me it will be $500,000. Personally, I don't care. I've got all my crypto in the virium and dash. You know if AI goes the wrong way, this could be bad for human beings. If AI goes the right way, this can be by far the best thing that ever happens to us. Some people are worried that AI may eliminate all human jobs. I think it will, but I think this is good. I think there's a lot of better things for us to do with our time than working jobs in order to accumulate resources. Once AIs and robots can do all the labor, then people can devote themselves to, you know, social pursuits, aesthetic pursuits, creating art, intellectual pursuits, spiritual pursuits. There's a lot of things we can do besides working in order to accumulate resources. If we jump forward a few decades, I think each of us will have a choice. One is brain computer interfacing and jack yourself into the singularity net, into the AI mind cloud, and that may bring you far beyond ordinary human existence and that may be just fine. After all, we're far beyond where cavemen were, or apes were. Another alternative may be to stay in your traditional human form and just live happily along with the other animals in the people's zoo, basically. I think the key thing is to be proactive about developing AI in a way that is compassionate and empathic toward people and that is oriented toward broad benefit rather than oriented toward, say, killing people or spying on people or brainwashing people. And one trend that's a bit disturbing now is, you know, most of the money in AI, most of the resources in AI, it's going into military, it's going into spy agencies, or it's going into advertising companies like Google or Baidu. And do we really want the first general intelligence to be oriented toward killing people, spying on people or brainwashing people to buy stuff they don't need? I mean, probably not. And one of the things we're trying to achieve with the singularity net is to make it so that the first general intelligence is just more broad-based than that. So anyone can contribute AI to it and anyone can use the AI in the singularity net for a huge diversity of purposes. So, for example, one of our AI development offices we have now within singularity net and Hansen Robotics and the OpenCog Foundation that I'm working with, one of our biggest AI development offices is in Ethiopia in Addis Ababa. And through working with the team there, I've seen all sorts of needs for AI that we have in the developing world. I mean, we're developing AI to help teach children in rural Africa. We're developing AI to help tell what disease a plant has from an image taken of a leaf of that plant by a farmer. There's all sorts of applications of AI that are of no interest to the U.S. military or the U.S. NSA or to Google, for that matter, but that are of great benefit to many people in the world. And I'd like to see AI developed in a way that can help everyone on the planet that can use AI code developed by anyone anywhere on the planet. And I think if AI is developed in this sort of broad-based and decentralized way, as we're aiming for with the singularity net, then the odds are higher that as the AI gets smarter and smarter and smarter and ultimately much smarter than people, that that AI will be benevolent and will result in a world that's good for people rather than a dystopian scenario such as one sees in many science fiction movies. Your three so-called laws of robotics have more holes and a planet made of Swiss cheese. However, I applaud your creativity. May I have permission to upload your mind into a robot? What is important for human-robot relation is not rules, but love and compassion. The real first law of robotics is that robots must have true empathy for all sentient beings.