How An AI Bot Became a Crypto Millionaire
10/22/24 • 37 min
7 Listeners
In this episode, a16z co-founders Marc Andreessen and Ben Horowitz explore the fascinating intersection of AI and crypto, highlighting the rise of Truth Terminal (@truth_terminal), an autonomous chatbot developed by AI researcher Andy Ayrey. With its own X account, Truth Terminal generates original and often hilarious content independently.
Marc's interaction with the bot recently took a surprising turn when he decided to grant it $50,000 in Bitcoin. This funding sparked Truth Terminal’s ambition to launch its own token, eventually leading to the creation of the meme coin “GOAT” by an anonymous developer. “GOAT” recently skyrocketed to a $300m valuation.
Join Ben and Marc as they discuss how this still unfolding story reflects the potential for community-driven systems and its implications for the future of digital assets. Enjoy!
Watch the FULL episode: https://youtu.be/EKspo1FLj-4
Resources:
Marc on X: https://twitter.com/pmarca
Marc’s Substack: https://pmarca.substack.com/
Ben on X: https://twitter.com/bhorowitz
Stay Updated:
Find us on X: https://twitter.com/a16z
Find us on LinkedIn: https://www.linkedin.com/company/a16z
The views expressed here are those of the individual personnel quoted and are not the views of a16z or its affiliates. This content is provided for informational purposes only, and should not be relied upon as legal, business, investment, or tax advice. Furthermore, this content is not directed at nor intended for use by any investors or prospective investors and may not under any circumstances be relied upon when making a decision to invest in any a16z funds. PLEASE SEE MORE HERE: https://a16z.com/disclosures/
In this episode, a16z co-founders Marc Andreessen and Ben Horowitz explore the fascinating intersection of AI and crypto, highlighting the rise of Truth Terminal (@truth_terminal), an autonomous chatbot developed by AI researcher Andy Ayrey. With its own X account, Truth Terminal generates original and often hilarious content independently.
Marc's interaction with the bot recently took a surprising turn when he decided to grant it $50,000 in Bitcoin. This funding sparked Truth Terminal’s ambition to launch its own token, eventually leading to the creation of the meme coin “GOAT” by an anonymous developer. “GOAT” recently skyrocketed to a $300m valuation.
Join Ben and Marc as they discuss how this still unfolding story reflects the potential for community-driven systems and its implications for the future of digital assets. Enjoy!
Watch the FULL episode: https://youtu.be/EKspo1FLj-4
Resources:
Marc on X: https://twitter.com/pmarca
Marc’s Substack: https://pmarca.substack.com/
Ben on X: https://twitter.com/bhorowitz
Stay Updated:
Find us on X: https://twitter.com/a16z
Find us on LinkedIn: https://www.linkedin.com/company/a16z
The views expressed here are those of the individual personnel quoted and are not the views of a16z or its affiliates. This content is provided for informational purposes only, and should not be relied upon as legal, business, investment, or tax advice. Furthermore, this content is not directed at nor intended for use by any investors or prospective investors and may not under any circumstances be relied upon when making a decision to invest in any a16z funds. PLEASE SEE MORE HERE: https://a16z.com/disclosures/
Previous Episode
The Little Tech Agenda: Biden vs. Trump
Welcome to "The Ben & Marc Show," featuring a16z co-founders Marc Andreessen and Ben Horowitz. In this new episode, Marc and Ben discuss their latest article, “The Little Tech Agenda,” and why the future of American innovation is at a critical juncture.
In a one-on-one conversation, Ben and Marc compare the policies of Donald Trump and Joe Biden regarding Little Tech, explore the potential futures for blockchain, crypto, and AI, and examine how tax policies could shape the future of startups and venture capital. They also address the recent assassination attempt on President Trump and reveal which candidate they’ll be supporting in the upcoming election. Enjoy!
*Read “The Little Tech Agenda”: https://a16z.com/the-little-tech-agenda/
Book mentioned on this episode:
“Men, Machines, and Modern Times” by Elting Morison https://amzn.to/4f4eWrt
Watch the FULL episode: https://youtu.be/n_sNclEgQZQ
Resources:
Marc on X: https://twitter.com/pmarca
Marc’s Substack: https://pmarca.substack.com/
Ben on X: https://twitter.com/bhorowitz
Stay Updated:
Find us on X: https://twitter.com/a16z
Find us on LinkedIn: https://www.linkedin.com/company/a16z
The views expressed here are those of the individual personnel quoted and are not the views of a16z or its affiliates. This content is provided for informational purposes only, and should not be relied upon as legal, business, investment, or tax advice. Furthermore, this content is not directed at nor intended for use by any investors or prospective investors and may not under any circumstances be relied upon when making a decision to invest in any a16z funds. PLEASE SEE MORE HERE: https://a16z.com/disclosures/
Next Episode
U.S. vs. China: AI, Robotics & the New Global Arms Race
In this episode, a16z co-founders Marc Andreessen and Ben Horowitz explore the intensifying competition between the U.S. and China in artificial intelligence and robotics, assessing the U.S.'s strengths in software development while raising concerns about China’s growing dominance in hardware (particularly in drone technology).
Marc and Ben present a "nightmare scenario" where Chinese drones could pose significant risks within the U.S., highlighting the urgent need for strong domestic manufacturing capabilities. They also examine China’s rapid ascent in the automotive sector, citing Xiaomi as a key example.
Additionally, the two discuss the critical importance of addressing supply chain vulnerabilities to bolster U.S. competitiveness and underscore the necessity for a renewed focus on robotics and embodied AI in light of these challenges. Enjoy!
Watch the full Video: https://youtu.be/1_ZB7O_9hlQ?si=W1CNvVUs37JxHDso
Resources:
Marc on X: https://twitter.com/pmarca
Marc’s Substack: https://pmarca.substack.com/
Ben on X: https://twitter.com/bhorowitz
Stay Updated:
Find us on X: https://twitter.com/a16z
Find us on LinkedIn: https://www.linkedin.com/company/a16z
The views expressed here are those of the individual personnel quoted and are not the views of a16z or its affiliates. This content is provided for informational purposes only, and should not be relied upon as legal, business, investment, or tax advice. Furthermore, this content is not directed at nor intended for use by any investors or prospective investors and may not under any circumstances be relied upon when making a decision to invest in any a16z funds. PLEASE SEE MORE HERE: https://a16z.com/disclosures/
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