Dr. Lu Qi, the founder of MiraclePlus, says that AI and Web3 will create a new data-driven society.

MiraclePlus founder Dr. Lu Qi predicts AI and Web3 will create a data-driven society.

Dr. Lu Qi is a well-known expert in artificial intelligence and entrepreneurship. He has served as a high-level executive at Microsoft, Baidu, and Google, and is currently the head of Y Combinator China and the founder of MiraclePlus. Dr. Lu Qi has profound insights and forward-looking thinking in the AI and Web3 fields. He believes that we are at a historical turning point, and that AI and Web3 will jointly build a software- and data-driven society, bringing unprecedented opportunities and challenges to humanity.

What are AI and Web3?

AI stands for Artificial Intelligence, which refers to the process and results of computer simulation of human intelligence. AI can be divided into weak AI and strong AI. Weak AI refers to intelligence for specific tasks or fields, such as speech recognition, image recognition, natural language processing, etc. Strong AI refers to intelligence that is at or beyond human level, also known as general artificial intelligence or AGI. Most of the AI applications we see today belong to the category of weak AI, but with the development of technology, the emergence of strong AI is no longer an unattainable dream.

Web3 refers to the concept of the next generation of the Internet. It is an open, secure, transparent, and autonomous network platform built on blockchain, decentralization, encrypted economy, and other technologies and concepts. Compared with traditional Web1 (static web page) and Web2 (dynamic web page), Web3 has significant advantages and characteristics. For example, Web3 can protect users’ privacy and data rights, and is not controlled or exploited by centralized institutions or platforms; Web3 can realize a value internet, allowing users to exchange digital assets or services directly, without intermediaries or trust mechanisms; Web3 can promote innovation and collaboration, allowing users to participate in the construction and governance of the network and enjoy the benefits of network effects.

How do AI and Web3 jointly build a software- and data-driven society?

Dr. Lu Qi believes that AI and Web3 are complementary and mutually reinforcing fields, and together they build a software- and data-driven society. He uses a simple but profound formula to describe this society:

Information + Model + Action = Software + Data

This formula means that in this society, information is the input and output of software, models are the core and soul of software, and actions are the goals and results of software. Data is the byproduct of the interaction between information, models, and actions, and it is also the foundation for software to continuously learn and optimize. In this society, software and data are everywhere, penetrating into various industries and fields, affecting human life and work.

Dr. Lu Qi pointed out that AI and Web3 have their own roles and values in this formula. AI is mainly responsible for providing models, that is, intelligent algorithms and frameworks, so that software can process complex information and make reasonable actions. Web3 is mainly responsible for providing data, that is, decentralized storage and exchange, so that software can obtain reliable information and achieve valuable actions. The combination of AI and Web3 makes the driving force of software and data more powerful, efficient, secure, and fair.

Opportunities and Challenges brought by AI and Web3

Dr. Lu Qi believes that AI and Web3 bring unprecedented opportunities and challenges, which have significant impact and significance for entrepreneurs, developers, investors, users, etc. He analyzed these opportunities and challenges from three dimensions:

1) Digital foundation: This refers to the field that provides the underlying technology and infrastructure for AI and Web3, such as computing, storage, network, security, privacy, etc. The opportunity in this field is to build a more powerful, cheaper, more reliable, and more scalable digital foundation to meet the needs of software and data-driven society. The challenge in this field is to continuously innovate and break through technological bottlenecks, and solve problems such as cost, performance, compatibility, and standardization.

2) Digital application: This refers to the field of using the technology and concepts of AI and Web3 to transform or create various application programs and services, such as games, entertainment, education, medical care, finance, e-commerce, etc. The opportunity in this field is to provide more intelligent, convenient, interesting, and valuable digital applications to meet the needs and expectations of users. The challenge in this field is to continuously explore and experiment with new modes and scenarios, and solve problems such as user experience, business models, and community governance.

3) Transforming the World: This refers to the field of using AI and Web3 technologies and concepts to influence or change various phenomena in the real world, such as autonomous driving, robots, space computing, metaverse, etc. The opportunity in this field is to achieve a more efficient, safer, freer, and more meaningful transformation of the world, to meet human visions and dreams. The challenge in this field is to continuously cross boundaries and integrate multiple technologies and fields to solve complex, feasible, ethical, and other issues.

AI and Web3 Organizational Innovation

Dr. Lu Qi believes that AI and Web3 are not only technological innovations, but also organizational innovations. He used OpenAI as an example to introduce how it creates an open, collaborative, and innovative digital organization to achieve its vision of pursuing AGI.

Dr. Lu Qi believes that the organizational innovation of OpenAI sets a standard for the AI and Web3 fields. It demonstrates how to use digital technology to build an efficient, flexible, and adaptable organization to cope with constantly changing and uncertain environments.

OpenAI is a non-profit research institution whose mission is to ensure that the development of artificial intelligence can benefit humanity and avoid the emergence of superintelligence that is harmful to humans. Its characteristics are as follows:

  • OpenAI is an open platform that welcomes anyone who is interested and capable to join its research team, regardless of where they come from or what their background is. OpenAI also actively cooperates with other institutions and communities to share its research results and datasets, and promote the dissemination and exchange of knowledge.

  • OpenAI is a collaborative platform that encourages interdisciplinary and cross-domain cooperation among its researchers, using their expertise and perspectives to solve complex problems. OpenAI also advocates for its researchers to collaborate with external experts and users to obtain feedback and suggestions, and improve the quality and value of their research.

  • OpenAI is an innovative platform that supports its researchers to conduct bold and cutting-edge exploration, not afraid of failure and challenges. OpenAI also respects the autonomy and creativity of its researchers, giving them full freedom and resources to stimulate their potential and passion.

The Social Impact and Ethical Challenges of AI and Web3

According to Dr. Lu Qi, the development of AI and Web3 will not only bring huge economic benefits and social progress, but also some social impacts and ethical challenges that need to be considered and addressed in advance. He analyzed these impacts and challenges from the following aspects:

  • AI and Web3 will change human work and lifestyle. On the one hand, they will create more new professions and new needs, enabling humans to engage in more meaningful and valuable work. On the other hand, they will also replace some traditional professions and needs, putting pressure on humans to face unemployment and transformation. Therefore, we need to constantly learn and adapt, improve our competitiveness and creativity.

  • AI and Web3 will change human social structure and relationships. On the one hand, they will promote human social cooperation and communication, allowing humans to more easily share information and values and form stronger network effects. On the other hand, they will also exacerbate human social differentiation and conflict, leading to more inequality and injustice. Therefore, we need to establish better social systems and norms to protect human rights and interests.

  • AI and Web3 will change human cognition and values. On the one hand, they will expand human cognition and vision, allowing humans to more deeply understand themselves and the world and explore more possibilities. On the other hand, they will also challenge human cognition and values, leading to more confusion and difficulties. Therefore, we need to maintain a more open and humble attitude, seeking more wisdom and inspiration.

Dr. Lu Qi encouraged entrepreneurs to seize this historic turning point, locate today’s era coordinates, identify their own advantages and directions, and create value and influence in the wave of AI and Web3. He also made some suggestions on entrepreneurship team building, product design, market strategy and other aspects, hoping to help entrepreneurs successfully achieve their vision.

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