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As we navigate the advent of the Fourth Industrial Revolution, artificial intelligence (AI) technology continues to emerge as a game-changer for the future of humanity. With this groundbreaking progress comes the critical issue of managing autonomous systems. This ensures they are not only in alignment with human values, principles, and laws, but also promote fair and equitable services across diverse individuals and communities.

A Groundbreaking Initiative from VERSES AI

In the face of the transformation driven by AI, the need for effective regulation is paramount. Addressing this vital issue, cognitive computing specialist VERSES AI (NEO: VERS), in collaboration with multinational law firm Dentons and the Spatial Web Foundation, is charting the pioneering path for global AI governance.

The Road to Autonomy: VERSES, Dentons Law Firm & The Spatial Web Foundation

Releasing in June 2023, their AI industry report, “THE ROAD TO AUTONOMY: A Path To Global AI Governance,” provides a comprehensive roadmap for policymakers grappling with the complexities of AI regulation. The report goes beyond merely analyzing the challenges of regulating AI systems; it presents a fresh approach to legislation for the era of autonomous AI.

The report envisions encoding laws and legal principles into an understandable, machine-readable language, facilitating autonomous compliance by AI systems. It’s a critical step toward a safe, effective, and inclusive journey down the “Road to Autonomy,” aligning future AI systems not only with technical advancement but also with the best interests of humanity.

A Powerful Collaboration Between VERSES & Dentons

VERSES’ partnership with Dentons signifies a transformative initiative in the global AI space. It’s an invitation to investors keen on shaping the future of AI governance, presenting a compelling investment thesis backed by technical prowess, ethical forethought, and legal responsibility.

Progressing AI to a Safe, Accountable Future: The VERSES Journey

Unveiling the Roadmap to Explainable AI

VERSES AI, renowned for their cutting-edge cognitive computing technology, has recently made significant strides in enhancing AI transparency and understandability. Their groundbreaking research paper titled “Designing Explainable Artificial Intelligence with Active Inference” proposes methods for creating human-interpretable, explainable AI (XAI) systems. This aligns with the growing calls from global bodies for improved AI explainability, providing a potential solution for the transparency concerns posed by Large Language Models employed by tech giants like OpenAI, Google, Microsoft, and Meta.

Innovating Through Active Inference

A collaboration between VERSES, the Wellcome Centre for Human Neuroimaging at UCL, the Departments of Cognitive Computing and Philosophy at the Université du Québec à Montréal, and the Berlin School of Mind & Brain at Humboldt-Universität zu Berlin, the paper explores the potential of active inference for modeling decision-making processes with human-like introspection. Their proposed AI architecture tracks and explains the factors contributing to AI decisions, marking a significant development in the era of XAI.

Reimagining the AI Learning Process

Taking AI beyond mimicry, VERSES’ model enables machines to learn from the outcome of their actions and continually optimize performance. This is in stark contrast to existing models like OpenAI’s GPT and Google’s BARD which, despite their ability to generate impressive content, often lack the capability to incorporate new information post-training, leading to potentially biased or harmful responses.

Relevance Beyond Academia

VERSES’ efforts extend beyond the theoretical realm. The company, granted a US$1,000,000 grant from the European Commission, successfully deployed multiple autonomous drones as part of the Flying Forward 2020 project. By doing so, they showcased the Regulatory Geospatial Digital Infrastructure that future AI-powered drones and vehicles could operate on.

Intellectual Property: A Cornerstone of Success

Unsurprisingly, the securing of intellectual property has been a strong indicator of durability and better outcomes in the emerging AI industry. VERSES’ recent patent filing for its next-gen AI—automating the generation of intelligent software agents from data sets—genuinely signifies a breakthrough in the space.

Introducing VERSES’ GIA: The Next-Gen Personal Assistant

VERSES’ pioneering efforts have now yielded GIA™ (General Intelligent Agent), a smart interface to the digital world designed to learn about users to better organize, manage, and optimize their digital life. GIA provides a highly contextualized and personalized computing experience, capable of automating data organization, predictive reasoning, and learning over time. Poised to revolutionize personal computing, GIA is slated for an international beta rollout in summer 2023.

Overall, these developments are strong indicators of VERSES’ commitment to advancing AI capabilities, focusing on transparency, understanding, and the effective application of these technologies to real-world scenarios. Their innovative strides, intellectual property developments, and practical demonstrations underscore their pioneering position in the AI industry.

The Vision: A Personal AI Agent

Bill Gates’ recent statement underscored the impact a personal AI agent could have on our lives and the commercial landscape. According to Gates, the first entity to develop such an AI will become the winner in the AI race, potentially making platforms like Amazon obsolete.

VERSES, a pioneering company in AI, is at the forefront of this race. With its ground-breaking AI-powered personal assistant, GIA, and collaborations with some of the largest corporations globally, VERSES is poised to redefine our relationship with technology.

VERSES AI Operating System: KOSM™

VERSES has also developed KOSM™, the world’s first network operating system for enabling distributed intelligence. It’s not merely creating AI systems but laying the foundation for anyone to build on their framework.

VERSES’ Portfolio of Applications: Wayfinder, Datalens, Guardion & GIA

The portfolio of VERSES showcases their ability to improve operational efficiencies, consumer convenience, and governance. With their proprietary Artificial Intelligence Operating System, KOSM, VERSES is not another AI start-up but a genuine foundational pioneer.

As we delve deeper into the AI revolution, the ambitious endeavors and unique standing of VERSES make it a standout player. Whether you’re an investor eyeing exposure to AI or a tech aficionado keen on the future of AI, the exploration of what VERSES brings to the table could be a rewarding journey.

Bill McClain – Editor of The Momentum Letter
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