Democratising AI

Empowering All

Democratic AI represents true democracy in harmony with equitable capitalism. Instead of the power of AI and the means of modern business production being controlled by the few, democratic AI places distributed power in the hands of the masses.

Decentralisation provides the benefits of fault-tolerance: no single point of failure, no central authority that could censor information, and distributed trust systems.

With decentralised applications (DApps), it is now possible to create open source and profitable applications, such as democratic AI DApps around community controlled AI and data science. Democratic AI allows for competition in the AI space as opposed to the centralisation of money, talent, data, and computing power in a few corporate entities. The current state of centralised AI has led to a winner-take-all economy. Profits from AI benefit a few corporations rather than the data owners and, most deserving, the data scientists themselves.

Democratic AI allows for greater accountability in data ownership and AI oversight. With the transparency allowed by blockchain smart contracts, there is a clear structure for accountability in the case of data bias or AI abuse, as opposed to the traditional opaque systems of centralised AI and data. Within the new DApp structure, token ecosystems can be designed to incentivise users to collaborate, with rewards flowing to users based on the merit of their actions and automatically distribute value based on the utility delivered by the system.

The bitgrit Ecosystem

We are excited to announce the launch of the BGR Network, designed to cultivate a thriving AI ecosystem. This innovative platform will serve as the backbone for a wide range of AI applications, with external infrastructure providers offering features such as AI competitions, a marketplace for AI models and services, and a Job Board to connect top talent with leading organisations. Our primary focus is on fostering a collaborative environment where AI professionals can connect, innovate, and grow. By integrating these diverse elements, we aim to quantify the value of AI, driving the industry forward and unlocking new opportunities for all stakeholders.

The bitgrit ecosystem is an intricate tapestry of global professionals, encompassing AI engineers, data scientists, data analysts, and other aficionados in the realm of data. This collective boasts expertise spanning the vast spectrum of data science disciplines.

The Cornerstone of the bitgrit Community

Local events serve as the foundational pillar of the bitgrit community. Our commitment to fostering intimate and direct interactions with local data scientists distinguishes us from our contemporaries.

This strategic engagement ensures the cultivation of a community deeply rooted in the ethos of value-sharing. Not only does such a community possess a vested interest in bitgrit's vision, but it also plays an instrumental role in the development of invaluable AI algorithms. By seamlessly integrating both online and offline initiatives, the bitgrit community is poised for sustained growth and expansion.

The bitgrit Advantage

A Paradigm Shift in AI Solutions

bitgrit is pioneering a global online network of data scientists that deliver solutions to data-centric business challenges, and its inclusive ecosystem empowers users worldwide to collaborate on real data science challenges, regardless of identity, location, or background. With integrated blockchain protocols and smart contracts, bitgrit ensures transparent project contributions and fair rewards for participants.

At its core, bitgrit democratises AI, making its technology, expertise, and insights universally accessible. Through events like the global WDSF, we champion the open dissemination of knowledge, unlocking AI's transformative potential across industries.

Trust and Ethical Integrity

Our use of blockchain and smart contracts with the Bitgrit DLT Foundation ensures a foundation of trust and transparency, allowing clear oversight of project contributions and fair rewards.

Addressing the Talent Gap

The global shortage in data science and AI expertise is pronounced, with data scientist employment projected to grow 35% from 2022 to 2032. Bitgrit’s ecosystem will address this talent crunch by leveraging our community of data scientists to solve corporate challenges globally. SMEs can access AI expertise without hefty investments in in-house teams, while data scientists gain global opportunities, fostering a dynamic gig economy with project-based engagements that enhance their skills on diverse projects.