Sam Williams and Teng Yan delved into the integration of Crypto and AI, focusing on the transformation of agent finance and the future development and challenges of AI applications on the blockchain.
Compiled by: Kyle
This episode of the "Hack and Tell" podcast is hosted by Sam Williams, featuring Teng Yan as a guest, where they explore the future of Crypto, AI, and decentralized computing (AO).
Background Introduction
Sam Williams (@samecwilliams): Founder and inventor of Arweave and AO, also serving as the CEO of Forward Research.
Teng Yan (@0xPrismatic): Former researcher at Delphi Digital with over 10 years of experience in the tech industry. Currently heads the independent research company Chain of Thought, focusing on the intersection of crypto and artificial intelligence.
Key Insights
1. Synergy between Crypto and AI
Both Teng Yan and Sam believe that despite the hype surrounding the integration of crypto and AI, this fusion brings real disruptive potential, especially in building trustless autonomous systems and intelligent financial agents.
Teng Yan pointed out that the current hype and experimentation indicate that the industry is rapidly evolving, while Sam emphasized that intelligent financial agents, as a trusted protocol, can operate without the need for trusted intermediaries, which is crucial.
2. Origins of AO
Sam mentioned that AO was initially designed to address the content trading needs of decentralized social media networks (Odysee, which has about 7-8 million monthly active users and has now been acquired by Forward Research). The team ultimately developed a new blockchain supporting scalable smart contracts based on this need to create a system that supports content ownership trading and efficient markets, an innovative outcome triggered by solving their own problems.
3. Transformation of Agent Finance
Sam described agent finance as the most intuitive combination of decentralized AI and crypto technology. He noted that decentralized financial agents can eliminate reliance on traditional intermediaries (such as funds and banks) and allow ordinary developers to participate in creating financial strategies. This reduction in trust and lowering of entry barriers will unleash a significant amount of untapped innovative potential.
Teng Yan believes that most transactions on the blockchain are currently finance-related, making agent finance the best entry point for AI agents into the blockchain.
4. AI Technological Progress on AO
On a technical level, Sam shared how AO supports LLMs (like Llama.cpp) running in smart contracts, emphasizing this as an important milestone for bringing AI into the blockchain. He acknowledged that performance still has shortcomings (processing 0.7 tokens per second), but this capability provides a solid foundation for future development of complex AI intelligence.
Teng Yan stated that although the technology is not yet mature, these experiments have paved the way for developing AI-driven practical applications.
5. Practical Applications of AI on AO
Sam detailed the case of Llama Land within the AO ecosystem, an experimental platform that allows users to experience decentralized governance and monetary policy through an AI-managed autonomous system. The core of Llama Land is an AI (Llama 3) capable of autonomously deciding on currency issuance; users can submit requests, and the AI automatically decides whether to grant rewards based on those requests. This is not only an interesting gameplay but also showcases the potential of autonomous AI in the on-chain economy.
6. Philosophical Discussion on AI
Both expressed similar sentiments—the rise of decentralized AI is not just a technological innovation but also a philosophical debate between open-source and centralized models.
Teng Yan believes that the open system of decentralized AI allows global developers and users to participate, breaking the monopoly of large tech companies and making AI development more democratic.
Sam emphasized that the neutrality and reliability of execution in decentralized AI are fundamentally different from traditional centralized AI. This open system acts like a protocol, capable of executing in a neutral manner, free from control or manipulation by any single entity.
7. AI Infrastructure Development
Sam pointed out that the current focus is on building infrastructure that can attract developers, including tools and frameworks for quickly building and deploying AI applications. By lowering the barriers to innovation, developers can more easily realize the cycle from learning to development to production.
Teng Yan added that AI agents on the blockchain represent an ecosystem that gradually develops from underlying infrastructure to applications, requiring good development tools and foundational platforms to support it.
8. Market Behavior and Growth
Teng Yan mentioned that the emotional fluctuations in the crypto market are often unrelated to technological progress, yet many people view price as an indicator of technological maturity, which is a misunderstanding.
Sam added that true technological development is gradual, and it is common for the market to overestimate short-term potential while underestimating long-term impacts. He also observed that despite fluctuating market sentiments, technological capabilities are steadily increasing.
9. Vision for the Future of AI
Teng Yan and Sam both agree that AI-driven blockchain applications will lead to exponential growth.
Teng Yan is more optimistic, believing that this growth will manifest rapidly in the coming months.
Sam believes that we will continue to feel the profound impacts of this change over the next 10 to 20 years. From financial agents to AI autonomous governance, these technologies will gradually permeate more industries and applications.
10. Looking Ahead to 2025 and Beyond
Teng Yan predicts that 2025 could be a pivotal year for the AI field, as technological infrastructure will gradually improve in the coming months, and large-scale developer participation will trigger rapid expansion of applications.
Sam pointed out from a long-term perspective that the combination of AI and blockchain is a lengthy and profound process, with impacts that may last for decades, but the emergence of early users and use cases will significantly accelerate this process.
免责声明:本文章仅代表作者个人观点,不代表本平台的立场和观点。本文章仅供信息分享,不构成对任何人的任何投资建议。用户与作者之间的任何争议,与本平台无关。如网页中刊载的文章或图片涉及侵权,请提供相关的权利证明和身份证明发送邮件到support@aicoin.com,本平台相关工作人员将会进行核查。