Going beyond the hype of Crypto x AI: Vapourware or not? | Crypto x AI Event
Episode publishedPodcast: The Delphi PodcastThe Delphi Podcast
Transcript preview
Preview only
Before we get started, we'd like to thank our sponsors for making this event possible. Special thanks to our platinum sponsor, Olas. Olas enables everyone to own a share of AI, specifically autonomous agent economies. We're also excited to highlight our silver sponsors, NEA, empowering decentralized applications and blockchain ecosystems. Venice AI, a private and uncensored alternative to popular AI apps. MIRROR, unified AI infrastructure, secured by crypto. And Therick, the 1st on chain multi agent system. To learn more about all of our sponsors, check the description below and dive in. Enjoy
Alright. Hi, everyone. Jose Macedo here, your host. Happy to be joined by Kyle Samani, cofounder and managing partner of Multicoin, and Ahmad, founder of Stability AI, one of the OG AI companies that kicked off the AI revolution, and now, cofounder and CEO of Schelling AI. So today, we're gonna try and have a little bit of a debate, and specifically, sort of the the debate subject is, is Crypto AI Vaporware? This is something, obviously, like, Crypto AI is arguably the most hyped but also the most controversial sector in crypto right now, and it's one that a lot of smart investors have actuall
Everyone, Kyle here, cofounder of Multicoin Capital. So I think the areas that the area within crypto AI that I'm most excited about by by far is GPU marketplaces. I I think there's not enough silicon in the world. I think the supply chain of fabrication from TSMC, ASML, everyone else upstream, is like, cannot serve the the demand for for compute. I think that will be then to be the case for for quite some time. So I think we need to, as a society, figure out how to, take advantage of all the latent compute around the world, and we did actually financialize compute into a a a fungible commodit
Okay. So just to just to clarify then, you're you're mainly bullish on the decentralized compute marketplaces, like, all the other stuff, decentralized inference, agents, like, data, data labeling, all that stuff you think so far you you haven't seen anything that that convinces you?
I mean, again, like, don't wanna overgeneralize. One of our workflow companies is HiveMapper. They are doing decentralized data labeling, with token incentives today. They call it their hide mapper training game or or something. But I mean, they literally have people they, like, look at the photo, and they're like, the speed limit is a 60 or 65, you know, stuff like that. That that is it's a lot. It's in production. I think it's been in production for over 12 months, and it works. So I'm not opposed to existing. In fact, we have a proof point that it can work. I think Hivemapper works because
Emand, do you wanna do you wanna give your take here?
Yeah. I think it's a fascinating time. And I think, I saw some charts. It's like 50% of the mind share in crypto is already AI and then, like, it's $35,000,000,000 market capturing a couple of 1,000,000,000 a day. Like, it's up at DeFi levels almost. It feels that it's got a bit ahead of itself. I think that there are some interesting things again around, GPU marketplaces and more but not for what we see today. You know, on the current side, it's been a question of it's cheaper and more dynamic. I think that as you move towards o one type models that can think longer, you can do more stuff. As
Okay. So thanks for that. Appreciate appreciate those initial positions. So you spoke about crypto's benefits being, resilience, incentivization. Resilience,
coordination, and verifiability.
Keep exploring with a free account.
A free account preserves the short preview. Upgrade to Pro for the full transcript and episode chat.