Are We Overhyping AI in Crypto? | Casey Caruso & Mohamed Baioumy
Episode publishedPodcast: EmpireEmpire
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We are hitting our limit in terms of what can be publicly scraped to create these models. And because of that, there's a lot of talk around where crypto could come into play to incentivize the collection of different data sources.
More funding does not necessarily make it few easier to have our market fit, but there's a big caveat here, which is many things in AI are closer to hardware than they're to software. Hey,
everyone. We all know blockchain is changing the world, but who's actually driving it? I'm excited to invite you to the 6th edition of Meridian, a web 3 conference hosted by the Stellar Development Foundation in London from October 15th through 17th. Get early bird tickets at meridian.steller.org with code blockworkspod. Special thanks to Stellar for sponsoring us. Now let's get into today's episode. Hey, everyone. The Polygon community grants program was launched with 1,000,000,000 tokens, all for Polygon builders. Really excited to share that on today's episode of empire. Season 1 of the Pol
Hey, everybody. Welcome back to Empire. I'm really excited to do this sequel to the first, AI crypto pod that we did back in December. Casey, you're on it with Daniel from Modulus. People should go listen to that. It was very well received. The space has moved quite a bit. The attention in AI, seems like it's all time high. So I'm really excited to host. Moe, welcome. I I think, you're the cofounder of ExoLab, doing some really interesting things. I'll pass it on to you for an intro, and then, Casey, for people not familiar living under a rock, you could also give an intro.
Yeah. Thanks so much for having me. I guess Daniel was too busy this time, so I No. My name is Mohammed. I work on a company called XO. Essentially, you can, like, use edge edge edge devices, like, comes a lot to strong AI models, like, locally and privately on there. My I guess, the 2 things I know about AI, I learned mostly through my studies at Oxford. I had a PhD in AI robotics at the Oxford Robotics Institute, and I've done a few things in web 3, over the years. And now I'm working full time on XO, like Santiago said. So great to be here. I
should say, full disclosure, I am an investor in XO Labs, and I'm also an investor in Casey's fund, Apologies. So if I I'll try to remove my bias from this episode. I mostly will be in the background because these two folks are gonna have a great conversation, but full disclosure. I
can give a quick bio too. So my name is Casey. I'm the founding GP of Topology, which is an early stage frontier tech firm. We do not just crypto, but crypto is one of our focus areas. And prior to starting Topology, I was an engineer at Google for a long time and then most recently was an investment partner at Paradigm.
Amazing. I think, I'd like to start this conversation, with just high level framework. You know? I think it's, you know, people come into crypto and they expect, like, grandiose innovations, and they may be too impatient or may not be paying close attention to what's happening at the ground level, and they miss, perhaps really profound, but maybe subtle, innovations. And or also they expect many innovations, and particularly overnight. And I I think there's some interesting stuff happening in at this intersection of crypto and AI. You guys are probably, the closest to it. So I'd like to start
What we're seeing is changing. I'll start there. So when we did this podcast back in December, we were seeing a lot of foundation model companies. And that was probably the most popular pitch I got was we're gonna create a foundation model for cr
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