Artificial Intelligence (AI) has transformed the way we work and live, offering a myriad of tools and solutions to solve complex problems. However, this abundance of AI tools has brought its own set of challenges. One of the most pressing issues is the need for multiple registrations across various platforms, resulting in a fragmented and frustrating user experience. But there’s a beacon of hope, and we will describe it in this article.
The Current State of AI Tools
The AI landscape is expanding at an astonishing pace. New AI models, platforms, and services emerge almost daily, providing unique solutions for a wide range of tasks. According to the latest available data, there are 57,933 artificial intelligence companies. And we know it’s only beginning.
It’s clear from adoption statistics that companies and users are bullish on AI – 48% of businesses use some form of AI to utilize big data effectively. As you see in the picture below, generative AI has rapidly garnered a user base of more than 100 million within just two months of ChatGPT’s launch. In contrast, it took smartphones over two years to achieve the same milestone globally after the introduction of the iPhone in 2007. Likewise, tablets reached 75 million users worldwide around two years after the debut of the iPad in 2010.
Findings from a 2023 McKinsey survey shed light on the current applications of AI within businesses:
- Marketing and sales: 14%
- Product and/or service development: 13%
- Risk modeling, HR and strategy & corporate finance : 11%
- Service operations, encompassing customer service and back-office tasks: 10%
To sum up, we introduce curated selection of impactful AI statistics covers key aspects of its adoption and business use:
Let’s now look from the other side. Aside new gen AI startups are being developed, many existing tools extend their functionality, adding photo, video, text generation or recognition. But each of these tools offers only one service excellently, so people go to ChatGPT for general needs, to Midjourney for image generation, and to Bing for the latest fresh information.
While this diversity is undoubtedly a testament to AI’s potential, it has led to a fragmented user experience. Users often find themselves juggling multiple accounts, each associated with a different AI tool, leading to what we call “multi-accounting.”
Problems Faced by Users of AI Tools
- Registration Fatigue
One of the most significant issues is registration fatigue. Users must repeatedly sign up for various AI services, provide personal information, create passwords, and manage multiple accounts. This is not only time-consuming but also raises concerns about privacy.
- Security Concerns
With so many accounts to manage, security becomes a paramount concern. Users must remember numerous login credentials, increasing the risk of data breaches and identity theft.
- Workflow Disruption
Multi-accounting disrupts workflow efficiency. Users waste valuable time navigating different platforms, managing accounts, and handling compatibility issues. This not only hampers productivity but also hinders the potential of AI in various sectors.
- Cost Inefficiencies
Moreover, the costs associated with multiple accounts and services can quickly add up, making AI adoption financially burdensome for both individuals and organizations.
The INC4’s Solution
INC4 recognizes these challenges and is on a mission to change the AI landscape by connecting generative AI with blockchain through the new product – AI-Pay Gateway. This groundbreaking project aims to eliminate the need for multiple registrations and bring all the necessary AI tools into one unified platform.
What attributes does AI-Pay Gateway have?
- Bridging AI and Blockchain
The AI-Pay Gateway seamlessly integrates AI and blockchain technologies, offering users a secure and efficient environment for accessing AI tools.
- Single-Point Access
Users can access multiple AI models and services through a single-point gateway, simplifying their experience and streamlining workflow.
- Enhanced Security
Blockchain technology enhances security, providing a robust framework for protecting user data and ensuring a secure AI experience.
- Unified User Experience
AI-Pay Gateway offers a unified user experience, making AI tools more accessible, affordable, and user-friendly.
Benefits for Different User Groups
- Common Users
AI enthusiasts can access various AI models with ease, enhancing their ability to tackle diverse tasks efficiently.
- Businesses and Corporations
Companies looking to integrate AI into their operations can do so more seamlessly, saving time and resources and accelerating their digital transformation journey.
- AI Model Developers and Service Providers
AI developers and service providers can showcase their offerings to a broader user base through a single platform, boosting their reach and revenue potential.
Find out more about AI-Pay Gateway project here.
Final thoughts
The multi-accounting challenge in the AI landscape has been a long-standing problem, hindering the full potential of AI. However, INC4’s AI-Pay Gateway is a game-changer in this regard. Connecting AI and blockchain provides a unified, secure, and efficient AI experience for users in all domains, empowering them to embrace artificial intelligence confidently.
