Artificial Intelligence, often referred to as AI is a type of Machine Intelligence which makes decisions by itself similar to how humans do. In the context of computer science, a machine with ideal Artificial Intelligence would be a flexible rational agent that acknowledges and distinguishes its environment and acts accordingly to make decisions in order to improve its chances of succeeding at something or achieving a particular goal.
The Cornerstone for the Bank for International Ideas is as follows
IA > M1 "therefore" IC + AI = W
Which translate into --- Intangible Assets (IA) is greater than Money Supply (M1), therefore --- Intellectual Capital (IC) plus Artificial Intelligence (AI) equals Wealth (W). At the center of the Bank, will reside the M.I.N.D, Machine Intelligence NeuralNetwork Database, which we believe will facilitate through Artificial Intelligence economic development on a global scale.
It is in our opinion that there are (6) changes taking place throughout the Global Economy, these changes are in an evolutionary pattern moving from one step to the next step in a gradual, as well as an accelerate process --- depending on the country or region where it is taking place.
We are moving from a --- Consumer Economy to a Knowledge Base Economy --- from a Debt Based System to Equity Base System ---- and from Tangible Assets to Intangible Assets.
Furthermore; because this transition has been taking place for over a decade, it has led to the economic crisis of 2007/2008, which began in the United States but quickly spread throughout the entire world.
There is no doubt about the different opportunities that Cryptocurrencies and Artificial Intelligence will have in micro payments and for emerging economies around the world. Those who start using this technology and working with the Bank for International Ideas are sure to have an advantage over others.