...by Daniel Szego
"On a long enough timeline we will all become Satoshi Nakamoto.."
Daniel Szego

Friday, May 20, 2016

Robots -> Softbots -> Corpbots.... Notes on automated cach-flow systems

ROBOT - "A robot is a mechanical or virtual artificial agent, usually an electro-mechanical machine that is guided by a computer program or electronic circuitry."

SOFTBOT - "In computer science, a software agent is a computer program that acts for a user or other program"

Well the question is what is the next step of the evolution. Combining the current trends of Blockchain and artificial intelligence technology there is a possibility to create automatic cach flow systems that practically run 100% without people, having both the value generation and the administrative tasks fully automated. So let we call such an automated cach-flow system, or rather fully automated corporation as Corpbot.

CORPBOT -  A Corpbot is a fully automated virtual corporation in which both the value adding process and the management and administrative tasks as well are being executed by computer algorithms.

Well it still does not exist, however it is expected to appear pretty fast....

22.05.2016 - BREAKING, It exist and the name is DAO..-.Forbes