Alexander Shulgin: Useful Mining for a Wise Future

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A. S.: It is. Useful mining is a new stage of mining’s development where every computation is useful for miners and the whole humankind. It will put us all to a new level. That’s where we’ll see optimization of all paperwork and banking. Lots of officials and specialists will become irrelevant. The notarial system will be the first to fall.

Many professions will be taken by the artificial intelligence, which will require lots of data to be processed with mining. That’s why I always tell my friends not to aspire their children to become officials, as there is no future there. Mining is irreplaceable for the internet of things. Robots and drones of all kinds won’t operate without processing enormous amounts of data.

The next area of applicability is the power of things. Imagine that currently 20% of all food in the world is wasted, which means that nearly 9% of all power in the world is wasted on unnecessary things. In order to produce a loaf of bread, one has to give the land a tilth, saw the rye, pull weeds, harvest it, bring it to the factory, make flour out of seeds, transport the flour and so on. It all consumes enormous amounts of energy. Thousands of machines and humans create things that go to waste.

Smart computations can redistribute all resources to cut expenses. Nothing will be wasted, no energy will be burnt in vain, and the power industry will be decentralized.

Here’s an example: this complex system of power communications is connected with copper cables that lead to lightbulbs, buttons, switches, and so on. Technologies may cut expenses on the infrastructure. The device may understand that someone’s entering one room from another and switch the light on in room one while switching it off in room two.

FL: So, smart computation is about optimizing all areas?

A. S.: Yes, useful computations are about smart solutions and valuable results. It’s like a planetary overhaul. When there’s overhaul in your house, logistics, communications and infrastructure are rearranged. The life of a person who lives there changes for the better. Ukraine, Russia and other post-Soviet nations are a perfect fit for such an overhaul. There, electric power is cheap and human capital assets are extremely valuable.

All those countries are pretty vast, there are things to be governed. I was born in Siberia where there are about 800 kilometers between two settlements. Each of those settlements, separated by wilderness, have to have power supply, roads, food etc. And it is all done for mere 300 people. Those processes have to be optimized with relocations and mergers. Smart computations and development of all those processes on the machine level is a great help to a government. It might even be necessary.

It’s way easier to feed 140 million people than 1.5 billion that are there in India. There are great areas where everything’s automatic, cheap and lacks overpopulation, so there are no problems that currently pose a colossal social load. Smart computations could bring about a great effect with a small number of people per square kilometer and necessary human capital assets.

Moreover, we’re located on the crossroads of two data volumes, which are China and Europe who have to exchange those data. We can create a new silk road to move those data. We will be processing traffic of those flows and dignify them with smart computations. That will result in huge national development.

Speaking of human capital assets, they could be positive, neutral and negative. Corruption, bribery and crime are negative, i.e. they take a toll on the community. Therefore, no renaissance is possible without educated and smart leaders who strive to reduce the negativity. Only then we can move forward combining positive human capital assets and the development of new technologies. I’m currently involved in a new project producing equipment and infrastructure for smart computations as an expert and a partner. We’ll try to be the first in the world.

FL: So, not everything is lost for Russia and Ukraine?

A. S.: Of course. The thing is to take the chance. Let’s add a quote from Vladimir Putin to the quote I recalled earlier: “He who becomes a leader in AI will become the ruler of the world.” Don’t forget that AI is the child of datamining.

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