Ethan Sun and Santiago Santos: Bringing Crypto x AI Experiences to Millions with MyShell.AI

In this episode, Tommy and Santiago interview Ethan Sun, the co-founder of MyShell, a decentralized platform for creating and staking AI native applications. They discuss the evolution of AI over the past decade, the importance of consumer-facing applications, and the potential for AI to enhance daily life. Ethan explains how MyShell empowers creators to easily build AI experiences and the role of incentives in the platform's ecosystem. They also explore the future of MyShell, its competition, and the scalability challenges in the AI crypto space. In this conversation, Ethan Sun, the co-founder of MyShell, discusses the future of AI agents and the potential for personalized AI companions. He explores the idea of AI agents that understand individual needs and can perform tasks without explicit instructions. The conversation also touches on the improvement of underlying models and the role of human feedback in reinforcement learning. Ethan shares his thoughts on the differences between OpenAI and Crypto AI and the potential for crypto to empower the open source community. He discusses MyShell's end game and the importance of creators in the platform. The conversation concludes with a discussion on the challenges of incentivizing different parties within the system. Takeaways MyShell is a decentralized platform for creating and staking AI native applications. The focus of MyShell is on consumer-facing applications that enhance daily life. The platform makes it easy for non-technical creators to build AI experiences without coding. Incentives play a crucial role in the MyShell ecosystem, rewarding creators and users for their contributions. The future of AI agents lies in personalized companions that understand individual needs and can perform tasks without explicit instructions. Improving underlying models and gathering human feedback are crucial for enhancing AI agents and reinforcement learning. Crypto AI has the potential to empower the open source community and provide incentives for creators to monetize their work. MyShell aims to create a platform that enables creators to build personalized AI applications and attract a wide range of users. The hardest party to incentivize within the system is the creators, who play a crucial role in unifying models, users, and stakeholders. Chapters 00:00 Introduction and Background 03:01 The AI Stack and MyShell's Focus 07:01 Creating AI Experiences on MyShell 09:47 Easy Creation of AI Experiences 12:45 Applying Incentive Models to AI 16:34 Incentivizing Creators and Users 27:41 Competition and Differentiation 32:41 Web2 vs Web3 and Scalability 39:42 The Future of AI Agents 42:23 Improving Underlying Models and Data 45:04 Creators' Ideas and Applications 48:42 OpenAI vs. Crypto AI 51:09 Crypto's Impact on Open Source 56:02 MyShell's End Game 01:00:08 AGI and Human Feedback 01:04:19 Ratio of Creators to Users 01:06:40 Excitement and Concerns about Crypto AI 01:09:47 Incentivizing Supply and Demand 01:10:16 The Importance of Rules and Restrictions 01:12:04 Blockchain Infrastructure and Deployment 01:14:17 Hardest Party to Incentivize Disclosures Disclosures: This podcast is strictly informational and educational and is not investment advice or a solicitation to buy or sell any tokens or securities or to make any financial decisions. Do not trade or invest in any project, tokens, or securities based upon this podcast episode. The host and members at Delphi Ventures may personally own tokens or art that are mentioned on the podcast. Our current show features paid sponsorships which may be featured at the start, middle, and/or the end of the e