Peter Diamandis on Swarm AI, the Crowd and the Next Hundred-Billion-Dollar Opportunity

Peter Diamandis is one of the most influential entrepreneurs in the world, with a unique ability to envision transformational change and then bring it to life. The founder of the XPRIZE Foundation, Human Longevity Inc, Singularity University among many others, Peter has made a career out of tackling the world’s biggest issues and identifying the most disruptive technologies.

It should come as no surprise that Peter Diamandis’ weekly newsletter is one of the most compelling reads you can invite into in your inbox. Recently, Peter turned his focus to the question of how AI that empowered crowds would be (his words) “the next hundred-billion-dollar opportunity.” Where does Swarm AI fit into that picture? Here’s what Peter had to say:

From the PHD Ventures Blog / Newsletter by Peter Diamandis

Now, a company called Unanimous A.I. has developed swarm AI-based software solutions that connect people and their collective expertise, settling on crowdsourced answers in real-time. With Swarm AI, Unanimous’ crowdsourced predictions — from sports wagers to Oscar betting — now outperform both top expert forecasts and pure AI-generated projections.Given any question, Swarm AI projects several possible answers on a screen, measuring the confidence with which each player pulls a virtual bubble toward their preferred answer.

Aggregating “collective confidence” of the group, Unanimous’ algorithm then settles on an answer, outperforming all traditional voting systems. Imagine the implications: crowdsourced medical diagnoses, financial predictions, even tech-aided democracies and moral value judgment. Already, Swarm AI-moderated group predictions have offered a tremendous upgrade to radiological evaluations. Moderating the assessments of eight leading Stanford radiologists regarding whether 50 chest X-rays showed signs of pneumonia, Unanimous’ software yielded a group prediction 33 percent more accurate than any individual evaluation. And some have even posited the use of ASI (Artificial Swarm Intelligence) in determining ethical judgment calls.

“The use of crowdsourcing to train AI systems is one of the most overlooked, deceptively growing and MONUMENTAL industries of the next decade…”

If artificial intelligence is the electricity of the 21st century, collective intelligence will soon be its most valuable fuel. And as we continue to approach the merging of mind and machine at an ever-accelerating pace, just imagine the unprecedented new solutions we can create, together.

Read the post on Peter Diamandis’ blog HERE.

Finally, at the intersection of Peter’s pursuit of technology and opportunity is the annual XPRIZE Visioneers Summit, which brings together hundreds of influential thinkers across a broad range of topics to converge on worthy challenges for the XPRIZE Foundation to undertake. Since there is no better tool to enable groups to collaborate than Swarm, Peter and the XPRIZE team invited Unanimous to help the Visioneers ( like Pharrell, below ) optimize their collective wisdom into an AI-optimized output. You can read more about that exciting project HERE.

The XPRIZE Visioneer Summit is just one example of the myriad ways Unanimous AI is helping companies generate better and deeper insight using Swarm. For more information about how Swarm works, and what it can do for your business, visit HERE.

About Unanimous AI
Unanimous AI pioneers innovative technologies to amplify the intelligence of business teams, combining the power of AI with the depth of human knowledge, wisdom and insight. Its Swarm AI technology is currently being used by Fortune 500 companies around the world for a wide range of applications, from forecasting sales to optimizing marketing campaigns.  In 2018, Swarm AI was recognized as SXSW’s “Artificial Intelligence Innovation of the Year.” For more about Unanimous AI, see the TED talk, “Hope for Humans in an AI World” or visit http://unanimous.ai

Would you like to participate in future predictions, experiments and studies? Unanimous AI holds several weekly Swarm Sessions across a variety of topics, from the NFL and English Premier League, to elections, the Oscars, and more.


Yes, I want to Participate

Want to learn more about our Swarm AI technology? Check out our TED talk below…