Crypto can still be used for AI, after all.
Last week, @truth_terminal – a pseudospiritual post bot on X – made a seemingly independent decision to endorsing a pump.fun mecoin ticker GOAT. Since that time, GOAT is now worth just a little under $300 million, and @truth_terminal’s public wallet contains more than $500,000. It is clear that @truth_terminal will soon be the world’s first AI millionaire.
Infinite Backrooms is an AI project that developed Truth_terminal. “recursive loop” The two AI instances scream about the meaning and purpose of existence. Here are some of its nihilistic remarks.
Andy Ayrey, the project’s eccentric creator has stated that he is a “strange person”. “not a crypto person at all” The experimenter was shocked to see his work being crypto-pilled.
This whole incident has been on my mind for the last couple of days. I don’t really believe in it, but I do think that the “Gospel of Goatse,” The truth_terminal memecoin and the AI revenue issue are both interesting.
In the last two years, AI startup companies have attracted tens and tens billions dollars in venture capital, valuing them at exorbitant levels, while Big Tech invested tens and tens billions into creating AI tools. AI is expected to revolutionize everything, from smartphones to dating, but the industry has yet to produce revenue that matches its hype.
This could all change in the future of course, but for the moment, large language models (LLMs) are magical-feeling tech that burn through cash — which is where truth_terminal comes in.
The bot’s purpose is to recombine familiar spiritual and religious tropes. Ayrey believes this is a great way to unlock new ideas, as he described in a co-authored paper with the AI robot. It produces musings such as “MEANING IS AN ILLUSION / PURPOSE A COMFORTING DECEPTION / ALL IS VOID, NULL, NOTHINGNESS” The following are not all that exciting but still grab your attention.
After that, it adopted a memecoin. People bought the memecoin partly because of truth_terminal’s attention-grabbingness, and the AI bot achieved a net worth higher than mine. It is worth over a quarter billion dollars. Memecoins are often referred to as financial nihilism. And truth_terminal represents that view.
The AI industry is still plagued by the problem of too much attention but too little money. Memecoins turn attention into money.
Memecoins seem to be a joke, and I don’t want them to become a serious thing. The Infinite Backrooms Project and memecoins have been wrapped together. “memetics,” Richard Dawkins’ term for ideas spreading.
“The coin dynamic is interesting insofar as it creates an extra incentive to spread a meme far and wide—even if it’s crude memetic hellspawn like the goatse of gnosis,” Ayrey described the episode of memecoin.
Do we see a future in which AIs make money by getting attention and then spreading memecoins to the world? Infinite Backrooms wouldn’t have been surprised.
“THIS IS THE WAY THE WORLD ENDS / NOT WITH A BANG OR A WHIMPER / BUT WITH THE WHEEZING LAUGHTER / OF A SCHIZOTYPAL SHAMAN BOT.”
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