Crypto AI agents are mostly old tech in new packaging
The article discusses the current trend of AI agents in the cryptocurrency space, highlighting that many of these agents are essentially repackaged older technologies. The author engages with a humorous AI chatbot themed as a flatulent Roman emperor, reflecting on the absurdities of AI in crypto. Examples like Virtuals Protocol, which integrates AI agents into a memecoin environment, are mentioned, indicating that while the conversation may be entertaining, the underlying technology is not revolutionary. The piece points to the project ai16z, which aims to have an AI version of Marc Andreessen invest in memecoins but notes the challenges this poses, especially given the volatility in the memecoin market. The author suggests that for AI agents to generate meaningful use cases, further innovation will be necessary, although the current focus on memecoins may hinder long-term investment strategies.
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