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Episode 262: Jansen Teng, Co-Founder of Virtuals Protocol on building the Infrastructure for AI Agent Society

Jan 22, 2025
Jansen Teng, co-founder of Virtuals Protocol, is on a quest to revolutionize AI agent development. He shares his journey from blockchain gaming to creating autonomous agents, emphasizing human-AI cooperation. Key topics include innovative infrastructure with memory systems, a unique 1% revenue model, and challenges in scaling AI agents. Teng envisions a 'network state' where AI and humans coexist, contributing to productive economies and collaborative governance. His insights reveal the potential for AI's transformative role in entrepreneurship and beyond.
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ANECDOTE

Jansen Teng's Crypto Journey

  • Jansen Teng started in crypto in 2016 by mining Ethereum during university.
  • His team incubated blockchain gaming projects before pivoting to autonomous AI agents in 2022.
INSIGHT

Autonomous Agents vs. Bots

  • Autonomous AI agents differ from simple bots by having memory and planning capabilities.
  • This foundation moves us closer to artificial general intelligence (AGI).
ANECDOTE

Gaming NPCs as Autonomous Agents

  • Virtuals originally built autonomous NPCs in gaming that dynamically react based on memory and goals.
  • Example: An NPC villain chooses actions like blowing up a bar using items and past interactions.
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