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The singularity: How AI could become the final boss whale of crypto

World-renowned futurist Ray Kurtzweil says the singularity is coming sooner than expected.

Everyone from Elon Musk to the CEO of Google DeepMind has predicted that artificial intelligence will surpass human intelligence within a matter of decades. This scenario is often referred to as the AI singularity. 

Big tech, academia, and governments around the world have started workshopping potential scenarios to deal with this hypothetical moment. While much has been written about the threat of a violent AI takeover, there’s little in the way of research concerning how a machine could corner the global economy.

Futurist Ray Kurzweil, a former Google researcher who’s considered a luminary in the field of technology, recently published a book entitled “The Singularity Is Nearer: When We Merge with AI.” In his text, he discusses what he views as our imminent future as the second-smartest beings on Earth.

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‘ChatGPT-like personal AI’ can now be run locally, Musk warns ‘singularity is near’

The AI model “GPT4All” isn’t as powerful as OpenAI’s ChatGPT-4 but requires just 4GB of space and doesn’t need the internet, providing immunity to AI censorship.

It is now possible to install and run a “ChatGPT-like” personal artificial intelligence (AI) on a home computer even without an internet connection, and Elon Musk has warned AI development has brought us closer to a technological point of no return.

Brian Roemmele, the founder of the technology blog Multiplex, wrote a detailed guide on how to install the personal AI “GPT4All” on April 11, calling it a “first PC” moment for personal AI.

GPT4All, which was built by programmers from AI development firm Nomic AI, was reportedly developed in four days at a cost of just $1,300 and requires only 4GB of space.

Roemmele warned that it is not as powerful as ChatGPT-4 from AI firm OpenAI, itself a huge improvement on its predecessor ChatGPT-3.5, but is still a powerful tool in its own right, noting:

“Are there limitations? Of course. It is not ChatGPT 4, and it will not handle some things correctly. However, it is one of the most powerful Personal AI systems ever released.”

Tesla and Twitter CEO Elon Musk has been a vocal critic of AI development and signed a letter published by the United States think tank Future of Life Institute on March 22 calling for all AI companies to “immediately pause” training powerful AI systems.

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The letter warned that “human-competitive intelligence can pose profound risks to society and humanity,” a sentiment that Musk echoed in an April 12 tweet in which he joked “The Singularity is near.”

The singularity refers to a hypothetical point in time where technological growth becomes uncontrollable and irreversible, possibly helped by a self-improving synthetic intelligence.

While some view a technological singularity as a positive development, others believe it could be disastrous, leading to a dystopian future — similar to that depicted in the popular Terminator sci-fi franchise.

Roemmele has a different perspective on AI, arguing in his guide that it is more appropriately called IA, or “Intelligence Amplification,” and in response to the push for a pause suggested that people should “choose a side.”

Roemmele claimed that “AI is rapidly becoming the target of censorship, regulation and worse,” citing Italy blocking ChatGPT on March 31, and added that “this may be the last chance to own your own AI.”

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