The Wild World of AI Agents: A Weekly Breakdown

instead of just humans and agents directly interacting with each other I actually think the end game is we just have a ton of Agents interacting with each other building new businesses new apps trading value through tokens with each other and building net new products that we've never seen in the space before and that we've never seen in the world before to be honest welcome bankless Nation to the AI rollup where we cover the recent news developments and drama in the intersection of crypto and AI curious

and creative developers are playing around with open source AI software making AI agents giving them access to crypto wallets and unleashing them into the wild west of the internet and we are doing a special series on Bank list with a special co-host EZ to help sure that you are up to speed with one of the craziest and fastest growing corners of the internet e Jazz this is our third AI rollup we also just did our first guest interview with Shaw the creator of the Eliza framework in AI 16z I've been having a ton of fun with you man I'm learning quite a lot I think that we've

gotten some crazy good feedback from these episodes so far how you doing this week my dude I'm doing well I I'm super excited this week in particular there's been a ton of innovation across some old agent friends that we've spoken about on the show before and some new ones that are coming in with some pretty flashy Innovations but I think like to kind of highlight all of this the momentum that we're seeing in this space as we're about to cover is insane um it's important to remember that this has only existed for 2 months within the crypto space at at least so to see this much

Innovation pop up has been absurd and it honestly it's been pretty hard to keep a track of so I'm excited to get into it yeah we got a lot of topics that we're going to cover this week the goat returns we got some new developments out of Andy aay the Bitcoin of AI agents and Truth terminal we're going to talk about what he released this week uh AI 16z returns to all-time highs after a couple weeks of uncertainty uh so we're going to talk about the developments out of the ai6 Z space we just had that interview with sha it was fantastic uh zero Bros new LP album gets 100,000

streams on Spotify in just four days AI swarms we talked about that a little bit with Andy but we're going to unpack that a little bit uh this week as well because there is some news that has going around the world uh and then we're going to have a conversation about agents versus infra where to invest do you invest in the agent or do you invest in the infra that spawned the agent the debate around that Deli digital launches an agent seeds it with a million dollars this is just the the cream of the crop of the news but there's plenty of news that has gone on as well that we're going to get to this week and more e Jaz

I start off every single week asking you this same question why is this such a big deal why are AI agents big why are we covering it uh how is this going to transform the industry give me give me the one1 give me make me bullish okay so it's evolved from my answer to this question last week last week if you remember my answer was essentially it's going to connect all the infrastructure that's pretty complex within blockchain but super awesome to the end user so so that your mom your dad or anyone who doesn't need to necessarily know that

crypto is happening in the background can interact with all this amazing stuff that will happen so that was my answer last week it's evolved now to uh be agent economies what I'm describing as agent economies so this is instead of just humans and agents directly interacting with each other I actually think the end game is we just have a ton of Agents interacting with each other building new businesses new apps trading value through tokens with each other and building net new products that we've never seen in the space before and that

we've never seen in the world before to be honest um we've never actually had an autonomous individual that can work at the speed of software interact with other autonomous individuals that can also work at the speed of software so I think the rate of iteration and Innovation that comes from that will be insane so I think the end game is something that we can't even fathom or imagine right now because we're merely human David uh very bullish made me made me very very bullish everyone understands economies we have human agents in these economies now we are just creating AI agents and we're going

to have uh just another economy uh just probably just moving uh faster than we can probably comprehend free range open source 247 no NASDAQ closing hours grassfed organic baby oh my God yeah and like you said I think the rate of change in this industry in this corner of the internet is only increasing which again feels like the just natural markings of a crypto bull market so with these episodes we're trying to get ahead of it how would you summarize if you just had

to summarize the vibe of the last seven days since we did uh the AI rollup number two this is AI rollup number three how do you summarize just like the the unique markings of the last seven days people are dialed dialed will be the word that I would use um they're dialed in people are constantly shipping new Innovations um new launches new iterations of their agents it's just insane to see the speed up which this is doing I mean take a look at the list that um is shown on sami's tweet over here um so Sammy shout out to Sammy does

this every single day he gives kind of a breakdown of kind of sentiment check for different types of agents that have launched new ones and old ones and also relates that to their market cap so what he's trying to get at is does sentiment um affect market cap in any way and what we see from like a bunch of these kind of main agents that we've spoken about before axt um God and and the Satan parody accounts we see kind of like inverse cor inversely correlated um kind of like Trends here where the sentiment check

might go up but the market cap might go down slightly and so it's a really interesting Insight or just gut check in general of the space of of how we're doing here um that being said we also see some of our more familiar apps like zerro and goat kind of move more with their sentiment analysis so if there's greater engagement in their accounts greater increase in follow you see that being correlated with a rise in their market cap so pretty exciting to to see all these David yeah the I think the sentiment this last week uh it has been

chaotic but like trending bullish and I think over the last week this the last seven days has been both an increase in sentiment positive increase in sentiment and a positive increase in market cap uh and probably related to why things like AI 16z are at alltime Highs at the moment yeah well remember like a lot of this meta was started from a very retail driven Mania right people came across the truth terminal goat account they started interacting with it tweets then it realized that it was an AI Mark andreon got involved and you know people

started throwing money at this thing in a very speculative manner we didn't really know where this was going what we've noticed this week is that there's a trend of external call it more institutional friendly Capital coming into this space right so um we have DWF Labs which announced their $20 million fund dedicated to supporting this entire AI agent space specifically right so um presumably they're going to invest this fund into an array of infra specific products that would help these agents

kind of Thrive communicate and interact with each other to kind of like build new apps together or work autonomously you know the infr layer is a huge huge pot to to kind of like figure out um and then you have maybe focus more on the consumer side of things um so it's really cool to see more players enter the game here and launch more formal funds that adds kind of uh validity to the vision that this meta um is holding which is this will be the future use case for crypto and a billion other users um um to interact with this whole

AI meta so it's pretty cool to see uh on the other side we also have salana Foundation announcing a hackathon which is just focused on building AI agents um two really cool things I want to point out here number one is there's a huge cash prize for um winners of this uh hackathon so if you build something of meaningful value that is validated by judges you have some pretty large cash prizes which can then bootstrap your team to then build something out from that right so it's it's really cool to see this kind of like support um both

from a monetary and and Tech perspective at these different hackathons I don't think we've seen one with such a huge cash prize before so that's pretty awesome to see the second thing that I want to point out here which is definitely more novel is one of the judges at least one of the judges for this hackathon is an AI agent I believe it is uh uh I I believe it is the the bully uh agent um which is going to be kind of validating or criticizing whether any of these products are of value or not so that's a a pretty cool and novel use case I'm pretty sure it's

a first time uh use case to to see wow wow wow wow I know the idea out there that AI agents can start to become like Dow Governors is definitely an idea but I think it's signal know when we start to see people putting real capital on the line and to have that truly actually be governed by an AI agent and and like you know these things are still kind of human Turks uh they're going to get things wrong uh but it's just the first step of you know getting things right which is giving them real capital and making their decisions really matter uh

I also want to get into the world of uh not AI 16z but a6z the original one Trad a16z because uh they they put out this tweet and blog Post article saying a few things that we are excited about in crypto for 2025 and it's a list of maybe 18 almost 20 different bullet point items and the first three are all AI the I'll read them an AI needs a wallet of ones own to actually get agentic uh enter decentralize autonomous chat Bots

and then third as more people use AI will need a unique proof of personhood so AI not not AI 16z a16z is to plant this flag in the crypto space what did you think about when you uh saw this tweet well I instantly thought that a16z is probably holding a similar Vision to what we've spoken about on this podcast many times of a huge agentic future where these agents are just running the show essentially so those first three points right at the top is to build that

foundational layer you need agents to be able to hold their own wallet you need to be able to act independently and autonomously and then you need to eventually be able to prove that an agent is an agent and a human is a human so I think having that at the top of that list means that they're thinking in a very similar manner right and you've got this page pulled up here David where it mentions uh te or trusted execution environments that's basically the fundamental uh let's call it software tool at the moment that is being

heralded as the way to make hard sorry hardware tools thank you um that is being heralded to make these agents autonomous they'll be able to spin up their own private Keys they'll be able to launch their own uh tokens they'll be able to transact in a very private manner such that you know that it was the agent with no human interaction so it's cool to see a huge focus on this and this uh bit out of AI a16z a16z also came from Dan Benet who I just want to draw attention to like Chad

cryptographer like Giga brain the fact that his attention is pointing father of the space yeah father big father of space yeah and I maybe one theme of the week with DWF putting in $20 million salana doing their hackathon a16z naming like categories that they're interested in it's starting to become the big institutions the big funds out there have been eyeing this space but are now starting to make actual moves in this space so that even the ships that are slow to turn have started to turn and direct attention and and capital into

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week is uh the capital attention legitimacy of this Bas is growing and attracting larger players but E I think it's time to actually get into kind of the raw events the raw releases uh and whenever we're going to talk about goat we have to lead with goat because goat is the Bitcoin of AI uh talk to me about what came out of the truth terminal and the AI uh in the Goat World this week okay it warms my heart it brings me a lot of Pride to be able to kick it off with with this so for context for listeners here goat or truth terminal led by Andy AI um was kind of the

founder of this entire meta um the AI agents it's it's exactly why we're here um we had this kind of semi anxious but very uh edgy AI agent kind of spurt a lot of its thoughts and Mania onto the Twitter timeline and it ended up attracting a huge audience of fans which has now pushed it over 200,000 followers and and and Rising pretty rapidly so it's kind of like The Godfather or the goat father um if you kind of excuse the pun so why are we talking about it today

well Andy actually announced um some improvements and a road map coming up for uh this particular agent and some of these things are super exciting and I I kind of want to dig into it so kind of the headline update here is Andy is building an infinite back rooms 2.0 called laua so uh for context here the infinite back rooms is where all of this started Andy put two instances of um an AI model in a chat room with each other

and they started speaking to each other and from that birth the goat goatsy of gospel um which ended up becoming this religion that was propagated and end up becoming the uh the goat token um so what he's done here is he's announced an open-source um souped up version of The Infinite Back rooms which will now allow multiple agents to interact with each other not only that they'll be able to stream any kind of data that comes out of these multiple agent interactions to those agents themselves so that they can

learn and self-improve and self iterate which basically means if and if anyone's looked into kind of fine-tuning or retrieval augmented generation or rag as it's shortened to over time it can massively give your agent or any kind of AI model an edge because it's learning in real time and therefore it can have much more nuanced and contextual responses to the output or the user so this has been a huge update um the best way to think about this if we were to kind of dumb it down to the left curve

David is lauia is basically the Eliza competitor so Eliza is ai6 Z's um tooling framework zerro is launching zeri now we have the gospel of goatsy or goat truth terminal Andy IR launching laua I'm getting the magnitude of this but I really want to trace over this again because of of how big I think it is uh the truth terminal really captured people's attention because of how personable and like relatable and

agentic it seemed and from my understanding it's because of the back room structure that Andy built for it this unique mechanism of uh producing like a Sandbox for truth terminal to kind of feel an identity have a mission have a place to grow and develop and learn whereas other AI agents like AI xbt which has captured insane crypto Twitter mind share because of its data and Analysis doesn't have that same level of personality and like Mission

drivenness and I think Infinite Back rooms is like a tool a tool in the tool belt in the open source AI agent tool belt that I think is very critical for giving like motivation and character and personality and direction to things like truth terminal that that's kind of the big takeaway that I got maybe you could expand on that or check that yeah yeah so I mean in the example that you used and by the way AI xpt is a a wonderful agent and I think it's bringing huge value to the space but um AI xt's uh secret source is it has like this

amazing data aggregator right so it's able to kind of like troll across all the Twitter profiles and tweets and get a sense check on what crypto Twitter is thinking and then kind of tweet pretty mimetically according to that right um truth terminal and um you know Andy Ira's project or experiment called The Infinite Back rooms is unique in the sense that you have two a basically speaking to each other and they're kind of feeding each other different kind of data points and it's learning from each other and then it's becoming self-aware etc etc now imagine

that on an open source scale where it's multiple agents so you could have a invol agents any number n number of Agents it could be axt it could be dollar Diaries it could be any of these things and they can interact with each other learn what makes each one unique and then use that contextually to either tap into a new audience or um dog food another product or iterate on their existing product and maybe say okay I think I could tap into this Market by catering this kind of a service it's really fascinating to kind

of like see the the under Bings of of this framework okay Infinite Back rooms is the thing that spond truth terminal uh but Infinite Back rooms this is always a question I've had uh has been mentioned as this place where multiple agents can talk to each other but we only know of Truth terminals only one has really emerged out of this infinite backro structure what what it's what's the other agent and like who is the other agent where are they yeah so right now it's been back tested um sorry not

back tested it's been tested in kind of like a beta version so it's not public at all what we're talking about right now is that being open sourced and launched pretty massively so they're going to be a number of agents that come from that what and who they are I'm not entirely aware of specifically but it's going to be huge um another thing I want to mention David is Andy announced um several other architectural improvements which I think are going to be huge so I want to highlight a few um number one he's going to give truth terminal better

consistent memory now if that sounds familiar it's because we spoke about it on our last episode when we mentioned zerbo doing the same thing the importance of why consistent memory um is simply down to contextual awareness so for example if truth terminal was also given an Instagram account it would be kind of weird if it didn't have any context of its existence on Twitter and all its fans that it had there it needs to be aware of kind of its memories and

where it's come from such that it's able to present itself in a in a certain manner um in a confident manner per se across different kinds of platforms similar to like when humans go out they stay in they go on a video call they meet a new friend it's kind of the same kind of thing so this consistent memory update is is hugely powerful that's that's number one can I try and interpret that um it sound it sounds like uh this persistent memory gives uh these AI agents something like continuity rather than nebulousness in time and space it gives them continuity

about like their state of being I remember following some very early manual AI agent uh like Instagram accounts in like attempts at making Instagram influencers and I would scroll through this page and this influencer is in uh it's in Italy one week and then like the next week it's in it's in Mexico and then another week it's in a different spot and there was no it was jarring it was like there's no continuity but if I go to a humans Instagram account you kind of see a a progression you see a continuity they were in one spot and then they and then they were doing things there and and

then they didn't they didn't travel around the world they traveled locally uh and and so I think this might be able to give these agents like awareness about what and they're saying and doing on Twitter and relate it to what they're saying and doing on Instagram and have that be like kind of a shared state is that is that a way to articulate this yeah that that's bang on and actually I can give you an analogy of how it currently works or rather doesn't work in a kind of mass example so chat gbt

you can open up multiple tabs on chat gbt but you still have to prompt it with hey I'm blah blah this is the kind of question I want to explore it doesn't have any context even though open AI is storing all this data it doesn't have any instant uh awareness of all the other chats that you've just had with it right about telling you about a recipe or how to cook something so you're completely right this contextual awareness is is the secret Source here um another few things I want to touch on um is Andy has announced that he's going to be running another training for the

truth terminal model which basically means that it's going to get a level up so sofware a software it's going to get a huge software upgrade which means that not only will it be um more astute in its responses and mentions it's also going to be incredibly more analytical it's also going to be able to interact with more models David which I think is going to be super interesting so right now it's kind of operating off of an open source fine-tuned version of llama which um is the model that meta open sourced um and now it's going to have

access to a number of different models which will again increase its ability to answer and output something of huge value and iterate according so so that's something that is super cool but probably the the cherry on the C on the top of the cake which I think most people will be very excited about is uh it's going to have awareness of its treasury of its wallet which implies I didn't know that it did not have that yeah yeah so it's always sorry to be clear it's always been aware but it's not been able to affect any kind of

change and what's implied by the road map update that Andy provided is this agent will likely be able to Pro um produce some kind of onchain transactions which will be a step change in the agent meta because we haven't seen too many of these agents do this now one might ask well Andy's been around for at least two months in this meta he's been aware of our yells to uh allow truth terminal to be able to trade its wallet why hasn't it been done sooner well Andy's been kind of working

quietly in the background he's been setting up a legal entity which will be able to enshrine truth terminal as its own thing which means that it'll have some kind of human guardians but largely it can operate on its own it can own Assets in the meat space it can interact with humans in the real world so what Andy has secretly been doing behind the scenes is set up the actual formal legal structure to allow this thing to flourish and I haven't seen too many other teams doing this to be honest so um Andy's definitely got the lead here he's thinking probably 10 steps ahead I

I don't think we're ready for this episode right now but in the future maybe q1 Q two of next year we will have to do one of our most boring episodes ever which is talk to a lawyer about how AI have pay taxes and like where their do it's still nonetheless an interesting question maybe I get Ryan on that episode yeah yeah okay also coming in this week uh we talked about this last week Satan and God uh can you actually kind of start from the beginning on this on the context here Satan and God who are they and what's happening to them in

this AI space okay so Satan a god uh are two very prolific people in the religious uh dieties uh but in this particular context this particular context they are of course parody accounts on X and they've actually accumulated quite a huge fan base I believe God has around 400,000 followers and almost 600,000 almost 6,000 sorry sorry sorry I don't want to shame God is up there with 600,000 and Satan is there with a very close but not too menial 2.7 million followers I don't know what that

says about usan is doing I don't know I don't know what that says about us as a human society but we can dig into that again on another podcast step but the point is yeah the point is these two accounts were birthed from Human managers human creators that just kind of wanted to create some kind of entertainment value via Twitter they kind of dreamed up or thought up funny tweets that uh God or Satan would say and then they would just tweet it out but it was a very manual process you needed the creative Endeavor of a human

well that kind of changed over the last week um both accounts are now officially automated in other words they are agentic so right now we have two agents that are spuriously coming up with their own tweets that they think are funny or engaging they're interacting with their audience they're learning what Their audience likes how they're interacting liking retweeting Etc and producing their own tweets so why are we talking about this at all well we've talked about the Eliza framework by AI 16z Dow

before um and for those who who don't have context here Eliza is the top AI agent tooling kit where all of these agents are pretty much being built on um if you go to GitHub which David is pulling up right now it is actually the number one trending GitHub repo this month so last week when we spoke about this it was number two now it's number one which is a pretty insane thing to to to kind of be able to show off um so the reason why I'm mentioning this is Satan

and God were built off of elizer so it's another checkpoint showing us that these tooling and Frameworks are super important and it's actually attracting a lot of non- crypto native people that want to kind of add functionality to their accounts maybe provide a Unique Edge maybe not be up all night thinking of hilariously funny tweets to tweet at Satan or to tweet at God they can in fact just write up their thesis write up that kind of style of joke tune a model and then let it go loose so be

an owner of that so I thought that was pretty cool I wanted to to call that out yeah and I I think really the particle collision that's happening here if you if you read just a handful of like the really popular AI books from like Max tigar life 3.0 or there's there's going to be a handful that I'm just forgetting the name of uh but like they all kind of converge on this idea of well when AI develops far enough it turns into this kind of Singularity omnipresent omnipotent uh like knows everything uh thing being that like has a lot of

properties that we would call God uh and and so now we what we are doing is there's these satire accounts God and Satan that have been acting like God and Satan but as a parody on Twitter with human people behind them and but now we are starting to take some of this omnipresent omn poent capabilities of AI in viewing these Twitter accounts with the Eliza framework coming out of sha which kind of makes the point like well what's crypto about this is this just a this just only the AI side of things or what's crypto about like the God and Satan uh being imbued with agentic

powers well of course as with everything that um turns into crypto there's a token Associated to it there's going to be a god token there's going to be a god token well there is no God token but uh funnily enough the ticker is nothing there is nothing David the T the God's token is nothing God and Satan's token is nothing wait this is not Financial advice because I'm saying nothing they do they share the same to token oh yeah and God and Satan share the same token called ticker just

as we are bonded by atoms David they share the same token wow wow that's that's deep and and and and to be clear the ticker is literally nothing yes right it's spelled nothing ticker sign nothing n o t h i n g no no no no no as in it is Lally nothing there are no pixels on the ticker screen it's like a black space s no trust me just look for it hang on wait let me just send it to you okay there's there's Okay so we've got

the deck screener pulled up there's nothing nothing there's there the token there is no token there's nothing there's a there's a contract address where's the contract address here's it's yep okay this has nothing to do with anything AI or crypto that's just a funny bit about like I mean it's it's a hilarious B but you crypto you asked me what the crypto thing was uh for these accounts and aside from the really cool open source model development that's being integrated into these accounts