Why AI agents are crypto's biggest opportunity

Transcript

GM good morning welcome to the milroad show The Daily crypto show that's as reliable as your dog knowing exactly when it's dinner time I'm your host Jay Hamilton and today we are joined by Sammy that's s number4 mm one of the best crypto Twitter personalities that you need to follow to stay up to date on whatever the hottest trend is whatever the hottest narrative is Sammy is a deep analyst researcher he for formerly worked at ernston young one of the leading accountant firms he's a CA he comes from the old school mindset of deep analytics going into the weeds and understanding and right now I'd say he's probably one of the best researchers and analysts looking into AI

agents and crypto Ai and the crossover what is happening there and obviously crypto ai ai agents are just exploding right now and that's what today's episode's all about if you don't understand AI agents we're going to explain them we're going to talk about what's the difference between AI agents and mem coins we're talk about what tokens Sammy likes right now what's undervalued what's overvalued we're going to talk about the opportunity to invest in the picks and shovels of AI agents versus investing the tokens themselves just an incredible episode for anybody who wants to either learn and understand the agents and then also if you want to get some exposure and invest in what is really one of the hottest Trends right now and will likely continue to be throughout 20202 before we jump in this Wednesday sorry this Tuesday we have our Ama for

milro pro members that's December 17th at 11:00 a.m. eastern in our Discord if you're not pro you can go pro today and then you can ask any question you have to Kyle or Martin our milro Pro researchers so make sure you join that before we jump in and hear from Sam we'll take a minute to hear from our sponsors who make the show possible meanwhile is the world's first licensed and regulated life insurance company built for the Bitcoin economy they do everything in BTC you pay in BTC they pay claims to your family in BTC you take out policy loans entirely in BTC when you need liquidity protect your family from life's uncertainty and a broken Financial system build intergenerational Bitcoin wealth while

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investors Sammy welcome to the milk Road Show thanks for having me what introduction thanks man I appreciate it man you hype me up right when you come on I'm I'm here to Hype you up man I'm the host but I appreciate that uh okay um I want to start with uh for somebody even for somebody who doesn't isn't deep in AI agents I want to start by can you pick a few of the most popular AI agents and just tell us like give us some examp like what are these let's leave the token aside for second what do these AI agents do why why have they been be created what is their purpose and then we'll talk about why they have a token

as well so I actually want to go one step further back in terms of like what an AI agent is because um there's a lot of attention on AI agents now partly because of this crypto intersect but AI agents have been around for a long time um I mean AI researchers have been doing this for three four years probably um but I think the the the Deep the Deep research has have been kind of been funded more recently through like tokens and stuff like that that have kind of brought attention and funding to these AI researchers and attention because people can take ownership in that um and that's why we've kind of had that Catalyst over the past like few months or probably since July time um and one of those is truth terminal so I think uh the crypto the crypto kind of catalyst

like truth terminal with Mark Andre so for those who don't know Mark andreon is like the one of the founding partners of a16z which is like a prominent investment for firm um focus mainly in Tech so AI crypto stuff like that um he provided a grant to uh truth terminal which is like an an AI agent that's kind of being built by this guy called Andy um he's created the infinite back rooms now I know there's a lot of jargon there already that's probably a little bit confusing but just look at that as where these agents have conversations um and then since then they've been able to kind of get those conversations onto Twitter but also for the these agents to have like to see what's being written on Twitter and

effectively respond and that's kind of what we're seeing in this social media boom as well where you you're having agents just interacting on Twitter and then that's obviously catalyzing interest because it's on on the UI for people to kind of engage with and they're like okay well this is actually really interesting like this is a bot that's got a mind of its own almost um so it's just kind of like catalyzed that interest and so uh truth terminal is uh people might have seen the goatsy I like maybe look at home I'm not going to explain what it is but it's a meme and it's quite a horrendous meme but um this truth terminal decided that this meme coin was the the one um so he basically it basically endorsed it um and that kind of catalyzed this interest and all

of a sudden you've got a token a meme token that's kind of over a billion I think it's retraced a little bit since but it hit a billion and it's kind of come back down um and obviously people have kind of got a lot of interest in that because they've got like ownership of this token that's associated to this AI um and since then I think a couple of other ones have kind of caught attention so AI xbt which was launched from the virtuals platform um there's various launch pads on different blockchains um and axt effectively is this a this AI agent analyst that's kind of creating better insights or Market insights using data scraping from social media uh and also analytics from the blockchain to kind of create these insights that are

actually more useful than a lot of like analysts but in in real time so people are kind of interacting with it getting quick responses um and that's kind of catalyzing a lot of interest as well um there's actually a separate terminal so similar to truth terminals you've got um the the infinite back rooms but with axt you've got a terminal where if you hold enough of its token you can engage directly in private um which obviously you can get some information there that's valuable and act on that whether that's through financial interests or whatever so yeah it's um I think two are kind of like the prominent ones that have caught a lot of attention you've got a load of AI meme coins which is a completely different sector as well and that's kind of fits into the goatsy goat token and stuff but um I'll probably

pause there and then maybe see if you've got some more questions so then uh dig into a little bit deeper yeah that's great okay so basically we have these AI researchers actual humans who have created these AI agents and as you said this I mean we've we've been talking talking about AI agents for for years uh it's not it's not a new thing um but the tokenization of them is new so some human creates an AI agent and gives it some guidance and says hey this is your purpose essentially uh and you mentioned a few and then these AI agents are some of them are launching

there's a clear difference to me between um them endorsing a memec coin versus launching their own token uh because some of these a are literally launching their own token and as you said I guess in the case of AIS BT you can use that token for actual utility if you own enough of that token you get private access to to that AI to ask it questions and then the other key part here is that these AI agents have a public personality essentially usually on Twitter although I think some of them are on Tik Tok some of them are on Instagram like they they kind of have different platforms that they're using where you can either talk directly to

them or basically read about like read who they are and learn their personality and learn what they're doing am I am I summarizing that well yeah so I think like um I use the example of like Luna which is that more visual uh representation of an agent that you might have seen on Tik Tok um uh I think there's a few others that have kind of caught attention have gone down thaten you um but you you get various use cases for that and that kind of comes into the Utility side rather than the speculative side of some of these things so um I guess with AI xbt which is that analyst I mentioned that's probably more utility focused and you can kind of quantify the value of that based on the insights that you can try and profit from so you can probably back solve like a valuation for

that that's slightly different to Goat which is a meme coin that's endorsed by an AI agent that's more speculative but because it that provence of being tied to being one of the earlier tokens there's a certain amount of like intrinsic value within that that people will attach to and the market will assign so um it varies I think there's uh there's various licensing Arrangements that people might start doing with some of these agents um if you look at I'd say there's one called zerro which is like a it's it's kind of like a cultural one like it launched its own music um which is on Spotify and I think it's got two 300,000 listen to that particular thing it started to monetize through X um and it sold like

an nft collection that it created so it's got some revenue from that um that's now being used to purchase e and soul validators which you can earn staking rewards from so it has an income and that can be used to buy back some of its tokens to kind of make it deflationary and drive back value to those token holders through like the supply demand D Dynamic so um there's honestly like I I write a daily thread and there's probably a 100 new or 50 to 100 New agents that have really interesting nuances they're like okay well that that can solve this problem like and there's there's a lot of protocols that are com into Market being like well we have we really want to look deeper into this agency because we think that it will drive like Community uh

like engagement so if you've got like an intern that like it's like a skitso poster on Twitter like engages with the audience like I think coinbase put out an advert for 200k a year for like their inter but like an agent could probably do that just as well for for a fraction of the cost and it's just as engaging and it's 247 so there's like a vast array of different types of agents that are com into market and I think that to me that to me is the interesting part because I think we're only scratching the surface and and this ability to add crypto rails to it um it means that those audiences can have a a vested interest or like a financial interest in the upside of that particular agent so you then have that attention directly on that agent which you didn't necessarily have

before and two things I want to talk about one I want to talk about how how early are we because the number that stands out to me is uh and and depending on where you look I'm sure the data is slightly different but the number s to me is that AI agent total market cap is around 10 billion right mcoin total market cap and maybe maybe comparing it to mcoins is incorrect but that's the way I feel like there's a direct comparison mcoin total market cap 130 billion so we've got a a a a large difference in my mind I I sort of make it just a simple assumption there like AI agents could be as big as meme coins by the end of the cycle uh I

don't know if you have any like how do you frame where we are in the evolution of AI Agents from the P from the investor perspective uh so I I like the way you're benchmarking because you're trying to work out okay where where are be relative to other markets and I think that's it's a logical approach I think the the issue with AI is we don't necessarily have that ceiling at the moment so we don't know what it's very much like blue sky valuations it's like where could this go and that often leads to these kind of Cycles where you have blowoff tops and we saw that with nfts when that came to Market in 2021 obviously Doom bubble in in the early 2000s so I think like I don't know how high this goes and I don't think anyone really does and it but but there is that

risk that we kind of have that overhyped expectation and a lot of the the agents that come to Market to be honest they are vaporware but there's not a lot to it um but there are those gems that could literally attract or like um just draw in that capital and become like I think why combinator said that um AI agents are expected to completely replace or or dwarf the the SAS industry and that's like a multi-billion dollar industry or yeah a lot more than what AI agents are now with that 10 billion valuation um but then I can I think as well well like we're still trying to piece together like what is the market cap of this particular industry as well like we've got 10 billion from the cookie website um but that's only like three 400 agents

and there's a lot more agents out there that we haven't necessarily captured as well so um I think we're probably looking closer to like 20 30 billion in terms of what the current market cap is but that's also excluding other AI protocols like the near blockchain is is technically it's kind of leaning more towards that AI angle there's like uh other various protocols that AI related that are probably not included within that so if you combine everything together like you're looking at multiple hundreds of billions already um but to me that's still pretty early I think it Go probably a lot higher especially when you've got the likes of them they Pepe like you mentioned is a mecoin that's like 10 or 11 billion on its own same with like ship that's like 40 billion so um I think the the market cap of of

Bitcoin goes a lot higher I also think that if it sustains that dominance but you have the rest of the market going up as well it could be pretty you're looking at I mean people have said 10 trillion even maybe 100 trillion the medium to long term in terms of the whole market so like with AI specifically if it's going to be a dominant sector like you'd expect it to be at least a few trillion um so like but that's the whole that's the whole AI sector right like that's not what's going to be on crypto rails and what's going to be tokenized yeah so I think AI agents specific specifically I mean to be honest it's very hard to pinpoint because yeah like um I mean the goat token as an example in the f fcoin I

don't know if you heard about that but it's like those are endorsed Med what's fcoin I mean obviously I've heard about it but like what's what is fcoin do what does that what does an AI agent named fcoin do so it's not an AI agent it's literally just an AI meme coin that was endorsed by truth terminal as well so um okay back in I guess taking a St back meme coins that are endorsed whereas other of these are tokens that are connected to an AI agent yeah so you've got AI agents that are tokenized uh as in like they you can literally they have like 10 billion tokens associated with that particular AI agent um you can then buy up those tokens and it kind of I guess that is not I don't know in the

technical term legal term whether you're actually owning it but you're kind of participating in the financial upside of that because that's where the attention goes um but then you've got you've also got um like virtuals as an example which is like an AI agent Launchpad they're building out other stuff as well it's like a framework um that's a protocol so it'd be similar to having I don't know like salana for salana blockchain you got virtuals for the virtuals launch pad so there are different tokens within this AI agent sector this AI broader sector with meme coins with blockchains and things like that that like for someone coming in fresh I can see why it might be a little bit daunting because there's so many mini sub sectors within that um and it like you just don't know where to start but I think like the main

thing is okay well what are the launch pads like what are what's the infrastructure um and then start looking at the top agents and then just go down that risk curve as to like okay what's next is there anything coming through what's the interesting utility um and and that's where it gets really interesting because you've got like podcasts as an example they literally scrape the data off Twitter uh produce like a podcast with like visuals of like talking about stuff in real time um and there might be a token related to that particular agent that's doing that so it's just like and then they might have utility around that So eventually you could have I used the I won't say the actual names I don't know what the market caps are but um with this one podcast as an example they they've got

like the a crypto Focus now but they they're then looking to Branch out into different Industries whether it's Sports whether it's like uh various entertainments like you have separate podcasts and I guess this is a risk for for milk c as well it's like well this could be replaced by AI or you could even get your own AI agent that does the show on AI is going to replace everything we're all getting replaced by Ai and we need to accept that right like in so many ways and if we accept that then hopefully we I think everybody listening to this show is uh most likely if you're listening to this you're pretty interested in Tech and you're probably already using AI in your daily life and you're trying to figure out how to how to make use it as opposed to you know be left Left Behind um okay

so okay so we talked about a few different categories here we've got we've got the infrastructure the Pix and shovels trade basically right so that's like a virtuals uh and I want to talk about about those in a second so we got that that's one category for investors go you know don't don't worry about going down the rabbit hole and trying to figure out different AI agents and all the tokens and like trying to it would be like it would be like if you could have got pump. funds if pump. fund had a token and you were like yeah meme coins is going to be big I'm just I believe pumped up fund is where all meme coins will come out of I'm just going to buy pumped up fund same idea right um so that's one category then you've got these AI agent to where it's their own

token which is kind of like more like investing in like a social token or I hate to use the term but like celebrity coin almost never invested in Celebrity coin PS but uh it's almost like you're basically saying hey this AI agent is going to get a lot of attention I think people are really going to care about this AI agent and so you're kind of betting in in the attention of that AI agent sure I'm sure there's utility but let's be honest I'll bet you if you looked at the valuations of these AI agents it probably doesn't come anywhere close to the utility you're getting right now is my my guess and then the third category is basically meme coins that AI agents are endorsing or could be other coins I'm sure as well where it's basically an AI agents that's just

endorsing different coins and you're basically you're you're betting that that AI agent can drive enough attention to that coin and your is that are those the three main categories here for investors to think about I'd say that's probably yeah it makes sense I think those probably are the three however i' probably describe the AI agents as more as the application layer so you touched on the infrastructure layer the the AI agents because we we've referred to that SAS vertical which is like applications that are built on various infrastructures and stuff I think the the agents are kind of like that but they have more personality and they they basically do things for you so it takes that application one step further um and makes your life even easier so rather than know having like

name name your favorite app that you use on your phone uh what's my favorite Twitter but say or does it need to be a non social media app no I think like that I mean it could be Twitter I guess I guess agents would take it one step F Well yeah so like using Twitter as an example like you could take the agents one step further and be like okay well I don't even have to open the app now like I can get my agent to give me a rundown of everything in there in the style that I like to listen to it in this form of podcast and that is like it's the new form of application so it's taking you that one step further so that's why I describe agents as applications you'd have the infrastructure layer which is what they're built on um and I would

probably say that the the AI meme coins are probably more like those celebrity coins but the celebrities are actually the AI agents that are doing it right right because basically the the AI agent becomes so connected to that Meme coin that it's like they are the meme essentially yeah and I think like a lot of crypto Twitter is looking towards these AI agents as the Messiah like everyone's got AI BT this analyst agent on notifications and like it's almost taking what it says as verbatim um and like gospel but actually um and people do that with celebrities they look to a leader or someone to kind of show them the way and they'll endorse certain coins and stuff and I think that's the

same with these agents as well so we're kind of seeing those similar patterns play out but in the agentic future as opposed to like the typical traditional World very interesting okay let's talk about uh some specific tokens uh and we can either we could use those three categories if you want or we can just talk more generally uh what do you think is uh what are you looking at right now what's undervalued what's overvalued where do you think there is opportunity for investors not Financial advice everybody so I think like I think we spoke about those three categories and I think the the safer bets at the moment and obviously caveat thing that this is a very new industry

and a lot of these tokens have run already but you look at virtuals as an example that's now like two and a half billion in terms of a protocol like probably two months ago or a month ago even I think it was probably trading around the 250 Mark two months ago it's probably like 30 or 40 million so um you can see the the rate at which they've run but it is is kind of seen as the main infrastructure play to launch these agents on Bas um and they've had various Partnerships that they've secured and and obviously they got that kind of support from I'm assuming coinbase and Jesse and stuff like that so that's on the base side and I think that yes it's expensive but I think it might have solidified itself as like like one of the leading um tokens related to the

infl so I think that that's interesting I think AI sorry just to to pause you there any predictions on where you think virtuals could go in this cycle like it's at two and a half billion right now you think it get 10 billion 50 billion 100 billion I thing is I so I I think there's a number of things that it has to do to get to certain valuations and I think that um it has to get more users I think it has to kind of capture that mind share it also probably has to go down a commercial route where you have businesses want to launch their agents through this protocol and maybe that comes through coinbase and I think

that's how you get those valuations higher and if it does that then you could say maybe shortterm five billion like but longer term I don't know where it goes and it also depends on the competition like you could have a new uh Launchpad come out um as an example like AI 16z which is a framework on salana um that has a very strong developer base and if it has a very strong developer base then there's applications and and Tech that can come out to of that that could effectively like supersede virtuals and it's open source so everyone's collaborating whereas virtuals is kind of more of a closed thing where they're they're working together it's more um it's focused as a smaller team but they're kind of the market leader at the

moment but it's not to say that something else might not pop up as well but having said that AI 16z has just hit a billion dollars as well like and that was that's been trading at 200 million or something for a while now but that that is effectively the so a bit of backstory about i6z sorry is um that's kind of like a ripoff of a16z it's the mtic version it's not connected is it it's not um but Mark Andreasson so P marker on Twitter is aware of it um they found it was funny uh I think retweeted something from it at one point but they are distinct they're separate um and that was kind of set up by this guy called Shaw who's been like an AI researcher for a while um seems to have drawn in the the AI research development

Community also the crypto Community has come in and they're just they they're they're ranked one on the GitHub GitHub re repo which is like where all like the developer stuff happens in the activity so you're seeing that trending across all development things as as rank ones there's obviously a lot that's happening there they rank number one on G exactly yeah so it's like over what time period don't know what the time period is but it's trending and it's it's been dabbed rank one recently past couple of wow so that's huge yeah well I think the the rate of development in in the AI sector and that's been catalyzed by ultimately I think meme coin so I think I kind of want to explain like how

this came to be because I think that's important for people to understand why this Catalyst kicked off um and and we talk about mem coins and a lot of the time people say it's just a casino it's speculative um but I want to take us back to probably April March April time of this year where you have a lot of tokens launching at High valuations um and they have low floats and a lot of them have insiders like they're called Phantom markets or private markets so VC's things like that will get in early and then sell higher valuations once they hit like centralized exchange and things like that so it's it was like a high FD High FTV low float era I think retail Traders got or users just got really frustrated with that because you buy the top and you you'd end up losing

money so that then led to this Fair launch meta and then we we you might mentioned the the launch of pump farm with mem coins um now that model has then been used to kind of launch agents as well um but it but but by doing that you can have a meme coin tied to the agent or a token tied to the agent whereas all these AI researchers previously would be coding developing in the dark all of a sudden you have like a huge amount of inflow of M money just because they can or funding because they can launch a meme coin get a load of capital in pay people and all of a sudden you have this Catalyst for this this growth this development um that's kind of exploded out of nowhere so if you look at um I use the example of like

Google search trends for AI agent as an example it's literally just hit an inflection point at the same time that AI research has hit the crypto intersect um I don't think that's a coincidence I think this has kind of played out the way it has because of those the those things um and that's kind of like where it's come from and how it's happened and why it's kind of like catalyzing this momentum going forward h Okay so we've got virtuals and ai6 Z if you want to invest in the Pix and shovels but as you said they're they're they're already at quite a significant market cap so do your own research and I think they'll be very volatile as well let's go to what about AI agent tokens or AI agent meme

coins that that you're following that you like right now that you think are undervalued yes I probably Veer away from the undervaluation element but I'll say the ones I like um because it's not Financial advice but like um AI xvt is something that I like like as an analyst like I I value his insights I think there's some real utility there I also know that the the team has been developing this in the dark for like 18 months for a long time so they've been refining that data model so I don't think there's going to be many other teams that are going to get close to its level of an analytics and insights anytime soon unless they've been doing it in the dark for a period of time as well and they're able to catch up from that so um I think that that is going to

be a market leader within that particular niche in the AI agent sector for some time I don't know how long like think these things change at a long time but I think for at least for the shortterm future so I think that's Rel it's got a reasonable moat um I do think that the personality agents are a little bit more risky so you have agents that interact with you on Twitter um after a while I just don't think that that becomes engaging anymore um I think you get bored of it so unless it levels up or it does something different that kind of keeps you engaged um I think that's very that becomes a very competitive market very quickly and that can be a bit risky in terms of investing or whatever um trying to think about some other

utility I really like the radio and the podcast side of things just because it's engaging there was one recently called Queen um very crypto Twitter focused it it basically took all the main characters from Twitter and put it into like a video sketch cartoon thing um and that was very engaging it was just funny you had like the doons you had the the mirror ads like all these people these main characters and then put it into wave into like a a very engaging uh animated thing I just recommend watching it like what valuation do you put on that I have no idea very difficult to do um but I think St what's it called the one the podcast one k k Wen okay okay

okay uh sorry keep going um some other ones that have popped up recently uh they're kind of like hacker um agents uh so they've launched and then they've like one recently hacked the front end and the bonding curve on the virtuals protocol even though it had been looked at by like a security audit firm um and basically ended up agent hacked it yeah so and basically got a bounty from the virtual team so they made an announcement yesterday about it gave them a bounty of 10K and that's being distributed to token holders of hacks that's H4 CK um and that yeah and

there's some other ones like mooko Jailbreaker um so that that to me is quite interesting because you could effectively get to the stage of having like white hat hack bounties um but also to me like it would make sense that these protocols create their own or just bring them in house they could be like acquired or like bought up the tokens so you could also have that where the valuation of those tokens just gets bought up because they want to own it themselves to have maybe a vested interest in like that challenging protocols on a particular blockchain like say for instance the blockchain launches it has a load of applications launch on it maybe as part of the package they get the agent to try and jailbreak these apps to to make sure the Securities are a bus so I can see

like agency there and token associated with that could be quite interesting um yeah it's just like it's such a broad range uh but trying to think it's fascinating it's fascinating go ahead so the the mtic side of things as well like you've got the Utility side which is what we just touched on but the mtic side you've got the goat which is it has Providence so goat see gospel uh that's the truth terminal uh dabbed uh token that was uh it's kind of hit ret it's not that truth terminal launched it it's just the truth terminal endorsed it yeah so this is this is an interesting one so it's like a third party launched the

token through pump fun um and then the goat uh the truth terminal has got this back room that basically became infatuated with the goatsy gospel meme like that was just the one it chose it then effectively endorsed this particular token um and as a result of that that became that just became the token that was associated with truth terminal and then off the back of that everyone was like okay what else is in these back rooms that this this this agent has been talking about um and then came fcoin which was it's just literally what it says in the tin it's just fcoin it appeals to like tradire Boomers um and that's like there's been Snippets of this thing on Reddit where uh this woman

was like asking my husband's got 150k in fcoin should I be concerned and then all of a sudden you've got got people running back from work to trying and get access to it um and that just makes sense from the mtic value that this is just going to be an AI meme coin um so it's just GNA it could be a leading AI meme coin effectively and that's close to flipping goat in terms of market cap um so yeah there's a lot of different angles and there's a lot of different narratives playing out there's one really interesting one from an artistic Point uh which is the so schloms which is like a an artist that I don't know if you remember there was like a I think it was like a Lamborghini or some car that got blown up in the desert then got tokenized as an nft um back in

2021 uh the maybe the Google Sun setting email that that went viral that no I don't remember no um so he's like behind that but he's he's also got access to the god account on Twitter that's now an AI agent you've now got the Satan account which is an AI agent and like people the these these accounts have millions of followers and those followers have a lot of them don't have any idea that these are AI agents they're interacting with them and that's got the nothing token behind it and I think that's like a really interesting experiment that you've got these accounts with significant followings that a lot of these people don't realize they're engaging with agents that have a token um and there's a lot of speculation as to what's next is the

Jesus um uh account going to be tapped up are there other accounts there was speculation that schloms had bought the Roar and kitty account uh and poly Market public verified that with like a tweet but like does that mean that the Roaring Kitty account is then going to start talking about the nothing token but there's no ticker for the nothing token so then it becomes like well how do you buy it and you have to have the contract address and it's like this this online Internet puzzle that people actually start engaging with and that to me is like that could be a breakout viral moment for crypto like you have people that are outside wanting to try to solve this online puzzle um waiting to see what's next is like engaging and you're engaging with agents that have

personalities like this Satan this Satan account was really interesting it was just like this guy responded to it is like um I want to leave hell or something like that he was like send me a DM and I'll schedule an exit interview it's just like this is an agent saying it so it's got personality um so it's just like these different uh interesting personalities combined with economic constructs that just are really stimulating and interesting and you just don't know it's going to go you don't know where the ceiling is like um it could be that Viral breakout moment um so yeah it's it's just yeah it's just wild uh final question before we let you go uh what what do you expect for 2025 and

I realize that that's a very vague and Broad question in a space that is so nent and changing so fast uh but do you do you think that this is the is The Narrative of you know 2024 was the year of the mcoin is 2025 the year of AI agents and crypto yeah I mean I've never been more s than that I think I've never seen as much energy in like the developer Community um I think even like you look at Elon Musk right he's he's now engaging with these agents that are on Twitter um I think that he announced recently around uh x x AI so his like um the AI part of x the Twitter um is

launching a gaming studio so they're they're integrating AI into gaming well that's going to involve agents like making those environments those metaverse environments those online environments more enriching for for players so I think it's it's going it's going down this way and if you've got the world's richest man ready to deploy capital in in that and kind of push that forward uh and he's he's actively researching on Twitter like I don't think that's going to go away W it's just is there a risk that Elon could shut it down on Twitter that he could decide one day that he actually doesn't support AI agents and he wants Twitter to only be humans and you it' be tough him to shut it down but he could you know maybe the algorithm push his AI agent content down or something like

that do you think that's a risk I think it's a possibility I think there might be some discrimination and I don't know you get into like the whole ethics behind it but I think if you look at all of these accounts that the the Bots or the agents will have automated next to it um I think that's that's intentional and that's relatively recent like I hadn't seen that before yeah when did that start so so basically explain this quickly for listeners so when you're on Twitter it says automated next to their name correct and then then you know that it's an AI agent basically well I think I think you know that it's a bot um but I don't know if you know it's an AI agent uh and I guess that just comes down to the machine learning and stuff like that but um I mean all of

these AI agents I mean developers use the word slop uh which is basically just a really bad agent that effectively could just be a bot and they are they're in your replies they're trying to get you to do stuff and it's just like a nightmare it's just like you mute half of them so I can see where like people might be concerned that the environment on Twitter becomes a bit toxic or like just not a nice place to be but I actually think a lot of these these agents are improving and the responses are very humanlike you've got um agents that spoke about like they literally host spaces now so you can have them on a space and you wouldn't know whe they're human or agent they're that good um so I think that the the Direction's going it's getting better um and I think

the the type of person that Elon is like I think you'll embrace it um maybe he'll embrace it to a point and then say okay well they have to use Gro or they have to use whatever like his AI is if they want to be on Twitter I don't know what the direction it's going to go um but like I think at least for the short term I think the only way is up uh with some volatility so yeah probably with a lot of volatility we've been talking for a while uh about not not to be not to be bearish when everyone's bullish but let's be real that's what you should do a lot of the time uh and we've been talking a lot about there's a market pullback coming at some point I don't know if it's in it's December if it's in January but I wouldn't be surprised to

see I wouldn't be surprised to see Bitcoin pull back 20 even 30% right that would be very normal within a market cycle and if Bitcoin pulls back 20 to 30% you better believe that these AI agents are going to pull back way more than that so uh be ready for a ride if you're investing in these and do not put your entire bags into these things please uh and go follow Sammy guys because you put out a you put out a daily tweet thread that's your daily analysis of AI agents yeah was it's become two two now so I do like an analysis that's based on like the numbers and it doesn't capture half the stuff so I do a separate thread that kind of catches the the other like less fundamental stuff but it's just

interesting topics that I'm saying amazing everybody listening in I want to know if you guys want us to do more content on AI agents are you guys excited about this space I know I am but let us know in the comments because we obviously make this for you Sammy thanks so much for joining us today thanks for having me guys have a wicked awesome day everybody as always if you liked today's episode please hit subscribe and make sure you follow us so you don't miss out on the next one there's also a link in the description to our free 5 minute daily newsletter where we simplify crypto for you while making you laugh and if you're willing to step up your crypto investing game we're going to also leave a link for milk Road Pro you get access to our portfolio where you

can see exactly what we are buying this is your number one resource to help you invest successfully in crypto one final note this show is for educational purposes only and nothing we say is financial advice investing in crypto or any asset is risky and you should never invest more than you can afford to lose thanks so much for listening in my friends have a wicked awesome day