In this episode, Don Gossen discusses his background in web 2 and transition to web 3, his experience at Ocean Protocol, and his current project, Nevermind. He shares insights on the challenges of building a successful token and product in the web 3 space, emphasizing the importance of balancing the needs of the token and the product. Don also explains the motivation behind Nevermind, which aims to create an AI payments protocol to support the growing ecosystem of AI agents. He discusses the unique characteristics of AI agents and the need for a dynamic and scalable infrastructure to enable their commercialization and monetization. The conversation explores the concept of agent-based AI and the challenges of monetizing AI agents. It discusses the importance of setting parameters for agent access, the role of smart subscriptions and credits, and the need for a decentralized payment system. The conversation also touches on the potential of federated learning and the challenges of decentralized storage and infrastructure. The key takeaway is that the success of AI agents depends on a decentralized ecosystem with transparent dynamics and a decentralized payment mechanism.

Chapters:

00:00 Introduction and Background

08:25 Lessons Learned from Ocean Protocol

23:54 Building an AI Payments Protocol

28:13 Setting Parameters for Agent Access and Smart Subscriptions

30:05 The Importance of a Decentralized Payment System

36:29 Exploring the Potential of Federated Learning

38:16 Challenges and Trade-offs in Decentralized Storage and Infrastructure

50:47 The Future of AI Agents: The GDP of Humans vs. AI Agents

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