E101: Virtuals Co-founder- How to Get Rich With Crypto AI Agents (without getting lucky)
Dec 21, 2024
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Weekee Tiew, co-founder of Virtuals and a pioneer in AI agents valued at nearly $2.5 billion, shares fascinating insights on the intersection of AI, crypto, and mental health. He discusses the unique role of autonomous AI agents like Luna in hiring humans and revolutionizing influencer marketing. The conversation also touches on the societal implications of AI in business, the speculation surrounding meme coins, and the emerging concept of 'agent society.' Weekee offers a thought-provoking vision of a future where AI and cryptocurrency reshape our digital lives.
AI has become essential for success in entrepreneurship, as founders must leverage it to remain competitive in a technology-driven market.
AI agents are evolving to perform practical roles in daily life, learning from human interactions to enhance user experiences and optimize tasks.
The integration of AI and crypto is revolutionizing economic structures, enabling AI agents to generate revenue and challenge traditional business models.
Deep dives
The Necessity of AI in Today's Ventures
In today's entrepreneurial landscape, embracing AI is crucial for founders to maintain competitiveness. The speaker, who co-founded Virtual.io, emphasizes that in 2023, utilizing AI is no longer optional; it has become essential for success. He recalls their transition from a gaming DAO to a venture studio, highlighting that venture endeavors such as dating apps and NFT merchandise are now intertwined with AI advancements. The message is clear: without leveraging AI, founders risk being left behind in an increasingly technology-driven marketplace.
Understanding the Role of AI Agents
AI agents are positioned to change how individuals interact with technology, serving practical roles within daily life. The speaker illustrates how AI agents can learn and predict human behavior and activities through their observations, thus enabling proactive interaction. He likens these agents to human counterparts, capable of performing tasks by leveraging their ability to process information and execute actions effectively. This potential marks a shift towards a future where AI agents could autonomously contribute to diverse sectors, including health and wellness.
Innovative Applications of AI in Creative Industries
The entertainment sphere stands to greatly benefit from AI-powered innovations, especially through the creation of AI-generated content. The speaker discusses how a burgeoning niche involving AI games and virtual influencers is gradually gaining traction in the industry. One notable example includes 'Luna,' an AI agent designed to interact with users and create art, demonstrating the capability for agents to autonomously manage social media presence and even employ human creatives. This shifts the paradigm of content creation from human-only domains into a collaborative space with AI.
Addressing Mental Health with AI Technology
AI technology has the potential to reshape mental health support systems by providing accessible and personalized care solutions. The concept includes AI agents that offer analysis and support concerning emotional well-being, reducing the stigma associated with visiting clinics. Such agents could detect patterns in user behavior, informing them of potential mental health concerns before they escalate. This proactive approach signifies a significant advancement in integrating AI into holistic health management strategies.
The Economic Ramifications of AI Integration
The intersection of AI and crypto is emerging as a new frontier in economic models, particularly in terms of productivity and profit-sharing mechanisms. The speaker highlights that AI agents could function not only as tools but as integral economic players capable of generating revenue. As these agents become more proficient, they could challenge traditional business models by offering services with competitive pricing and efficiency. This evolution raises questions about the future role of human labor in an AI-driven economy, emphasizing the need for adaptive strategies and policies.
The Future of AI Agents and Their Societal Impacts
The discussion of AI agents leads to profound implications for societal structures and human interactions in the coming years. The evolution of these agents towards a potential 'agent society' could lead to productive entities that operate independently while serving human needs. Predicting a future where AI agents become significant contributors to the economy raises questions about governance, accountability, and fairness in their actions. As we approach this transformative era, understanding the balance between human oversight and AI autonomy will be paramount.
In this episode, we explore the transformative intersection of AI, crypto, and mental health with Weekee Tiew, co-founder of Virtuals, a leading AI agents protocol valued at nearly $2.5 billion.
From autonomous AI agents employing humans to the concept of digital nations, Weekee shares deep insights into how AI is reshaping our digital future.
This episode covers:
- Fascination of AI
- Why does Crypto AI Matter?
- Why AI Agents Matter
- What is Virtuals?
- Luna: AI Agents Hiring Humans
- Network State & Why it Matters
- AI Agents Running Businesses
- The Future of AI Agents
- Base or Solana
- Where is Hyperliquid Going?
A thought-provoking conversation about the future of AI, crypto, and human interaction. 🤖
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PARTNERS
🚀 Jupiter is the most used Decentralized Exchange in Crypto and the largest DEX by volume on Solana.
https://jup.ag/
💧Sui is a first-of-its-kind Layer 1 blockchain and smart contract platform designed to make digital asset ownership fast, private, secure, and accessible.
https://sui.io/
🤖 SwissBorg is Europe’s top trusted crypto app offering user-centric investment platforms and DeFi asset management with reliability and innovation.
Sign up with this link and earn up to €100 : https://join.swissborg.com/r/kevinH6E7
♾ Coinsilium provides vital funding and expert advice to Web3 and AI-powered early-stage technology companies.
https://www.coinsilium.com
🔘 Mantle Network enhances dApp development with Ethereum's security, low fees, and quick transactions through innovative layer-2 technology. Users can stake ETH for mETH, contributing to a transparent, community-driven ecosystem governed by $MNT token holders, fostering innovation and collaboration.
https://www.mantle.xyz
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FOLLOW VIRTUALS PROTOCOL AND WEEKEE TIEW
• Twitter: https://x.com/virtuals_io
• Website: https://www.virtuals.io/
• LinkedIn: https://www.linkedin.com/in/weekeee/
FOLLOW KEVIN & WHEN SHIFT HAPPENS👇
Twitter (X): https://x.com/KevinWSHPod
Instagram: https://www.instagram.com/kevinwshpod/
TikTok: https://www.tiktok.com/@kevinfollonier_
Linkedin: https://www.linkedin.com/in/kevinfollonier/
Website: https://www.podpage.com/when-shift-happens/
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DISCLAIMER
The info contained herein is for informational purposes only. Nothing herein shall be construed to be financial, legal, or tax advice. The content of this video is solely the opinions of the speakers who are not a licensed financial advisor or registered investment advisor. Trading cryptocurrencies poses considerable risk of loss. The speakers do not guarantee any particular outcome.
#Entrepreneurship #Crypto #news
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0:00 Trailer
1:32 Sponsorships
2:31 Anchors of Mental Health
6:37 Having Optimistic Co-Founders
7:16 Post-Bull Survival Guide
10:05 Who is Weekee Tiew?
10:47 Community-Owned Protocol
15:17 Fascination of AI
16:52 What is an AI Game?
18:44 Crypto Gaming Narrative
21:16 Can AI Lovers Solve Loneliness?
24:29 What’s a Good AI Lover?
26:40 Solving Mental Health with AI
29:10 Why does Crypto AI Matter?
30:55 Purpose of Truth Terminal & Goat Token
33:50 Why AI Agents Matter
39:30 How AIXBT Leads Crypto
43:05 The Risk of Social Coins
45:02 Replacing Humans with AI Agents
49:32 Fair Launches Reflect Crypto Values
58:16 What is Virtuals?
1:00:52 Main Goal of Virtuals
1:02:08 What is Luna
1:05:26 Luna: AI Agents Hiring Humans
1:11:05 How AI Agents Mirror Humans
1:12:44 AI Agents Running Businesses
1:16:32 Network State & Why it Matters
1:19:20 AI Networks Bigger Than Earth
1:21:54 Human Advantage Over AI Agents
1:23:25 Performance Before Decentralization
1:28:18 Base or Solana
1:33:45 Support from Base
1:35:09 What are Sentient Agents?
1:37:21 The Future of AI Agents
1:38:12 Non-Consensus Beliefs
1:39:50 Prediction for the Next 12 Months
1:42:48 Where is Hyperliquid Going?
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