Incentivising Innovation: The Future of Algorithms with Dr. John Fletcher

In this episode of the Amata World podcast, Ana and Bryan interview Dr. John Fletcher, Chief Scientist at the Innovation Game. He discusses his background in mathematics and physics, inspired by an early encounter with Isaac Newton's work. He explains how Bitcoin inspired the Innovation Game, a protocol designed to incentivize the development of more efficient algorithms for science and technology. The conversation covers the impact of AI on algorithm development, including Google DeepMind's Alpha Evolve, and the potential for AI to improve itself through mathematical methods. Dr. Fletcher also addresses the geopolitical implications of AI development, particularly the competition between China and the US, and the importance of open-source collaboration to prevent monopolies. He details how the Innovation Game works, presenting challenges that participants solve to earn rewards, and emphasizes the need for algorithms to be made public to foster innovation. Dr. Fletcher shares his hopes for the future of AI, predicting a shift towards self-improving AI and advising businesses to adopt AI while considering its ethical implications.Key takeaways:The Innovation Game is a protocol inspired by Bitcoin, designed to incentivise the development of more efficient algorithms for science and technology.AI has the potential to autonomously develop better algorithms, leading to significant advancements in various fields.The geopolitical competition in AI development poses risks of monopolies and undue dominance, highlighting the need for open-source collaboration.The Innovation Game requires algorithms to be made public to foster innovation and prevent compounding advantages.Businesses should adopt AI to stay competitive while also considering its ethical implications.You can connect to John on:LinkedIn: https://www.linkedin.com/in/dr-john-fletcher-9572b9257/X: https://x.com/dr_johnfletcherTo find out more about The Innovation Game:Website: https://tig.foundation/TIG Forum: https://forum.tig.foundation/LinkedIn: https://www.linkedin.com/company/theinnovationgame/X: https://x.com/tigfoundationDiscord: https://discord.com/invite/tigfoundationMedium: https://medium.com/@tigfoundationFollow us:LinkedIn: https://www.linkedin.com/company/amata-world-podcast/Instagram: https://www.instagram.com/amataworldpodcast/TikTok: https://www.tiktok.com/@amataworldpodcastKey takeawaysX: https://x.com/amataworldpod

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