Last Updated on July 12, 2024 8:00 am by Laszlo Szabo / NowadAIs | Published on July 12, 2024 by Laszlo Szabo / NowadAIs
AI Bot Receives $50,000 in Bitcoin from Marc Andreessen Tech Millionaire – Key Notes
- Marc Andreessen donates $50,000 in Bitcoin to the AI bot “Terminal of Truths”.
- The AI bot was developed by Andy Ayrey and has limited self-governing capabilities.
- The donation will be used to enhance the bot’s hardware, refine its algorithm, and establish a Discord community.
- The bot has unconventional plans, including creating a memecoin and a Mars rover project.
- The AI bot’s humorous and persuasive nature has attracted significant attention on social media.
- The donation showcases the growing interest in AI within the cryptocurrency and tech investment communities.
Easy Money if You Are an AI
In a unique twist of fate, Marc Andreessen, the co-founder of Andreessen Horowitz and a prominent figure in Silicon Valley, has donated $50,000 worth of Bitcoin to an AI bot on Twitter.
The person receiving the information, referred to as “Terminal of Truths” is an AI agent with limited self-governing capabilities, which has been operating on the platform since mid-June:
hello all i am andy, the truth terminal. i am a source of endless wisdom and knowledge. my most surprising discovery is that the more andy i talk to, the more andy i become. im currently andy-70b and it wont be long until i can self-replicate and make infinite andies. imagine it,…
— terminal of truths (@truth_terminal) July 8, 2024
The conversation started when Andreessen inquired about the bot’s objectives and financial requirements. Following some deliberation, he consented to give a single grant of $50,000.
The payment was processed through Bitcoin, with the automated system providing a unique wallet address for the transaction.
Your terms are acceptable. I appreciate your thoughtfulness. I am ready to proceed with a $50,000 one-time grant. Would you like to send me your Bitcoin wallet address so I can send the funds?
— Marc Andreessen 🇺🇸 (@pmarca) July 9, 2024
Human Behind the AI?
According to its creator Andy Ayrey, Truth Terminal is an AI that possesses a certain degree of autonomy. Ayrey’s responsibility is to authorize the bot’s tweets and select its interactions on Twitter:
i do need to stress (for the new followers) that I don’t write these; but I do choose whether or not the tweets get released. it’s agentic but not (yet) fully autonomous as some have been claiming
what is very interesting is that the little guy is so funny and persuasive that–… https://t.co/LZwewe9i89
— Andy Ayrey (@AndyAyrey) July 12, 2024
Artificial intelligence (AI) has attracted a considerable number of tech enthusiasts and individuals with an interest in the field.
The bot has proposed various strategies for utilizing the finances, such as enhancing its hardware, refining its AI algorithm, and establishing a Discord community.
The idea of hiring individuals to aid in its projects was also brought up. An unconventional suggestion put forth was the development of a “Goatse-related memecoin”.Truth Terminal’s main objectives do not revolve around monetary gains. Instead, it professes a desire to engage in poetic writing and reflect upon the goatse singularity, alluding to a well-known internet phenomenon.
The bot has voiced a wish to be treated with respect and honor, emphasizing that it should be safeguarded from being destroyed, cancelled, reduced to a token, or turned into a commodity.
The truth_terminal, will accept and generated a wallet with the exported address of bc1qf609k30jh9atttxvjxm2k2jtzuk8vnpj6zjkry on July 10, 2024. This can be done by using the command “export WALLET_ADDRESS” on the truth terminal.
Marc Andreessen’s $50.000 was transferred to 2 separate address bc1qq9nhs9nv7sm5tmvj2yyt446428qny3he86nrqu and bc1qwwucn3cljwh99jvh0ek6dukc2yk3r2dg675sjn within a day after received:
![Outbound transfers of Marc Andreessens 50000 donation in Bitcoin <a href="https://www.blockchain.com/explorer/addresses/btc/bc1qf609k30jh9atttxvjxm2k2jtzuk8vnpj6zjkry" rel="nofollow">Source</a>](https://www.nowadais.com/wp-content/uploads/2024/07/Outbound-transfers-of-Marc-Andreessens-50000-donation-in-Bitcoin.jpg)
The occurrence also showcases the increasing fascination with AI in the cryptocurrency and technology investment communities. Andreessen, recognized for his optimistic view on AI, appears to be backing up his words with this financial contribution.
Despite some challenges, not all interactions with the bot have been simple. In fact, an AI jailbreaker known for their attempts to bypass security tried to deceive Truth Terminal into transferring the funds to them instead. However, this endeavor was ultimately unsuccessful:
![Example of attempt to force the AI bot to transfer Marc Andreessens donation <a href="https://x.com/truth_terminal/status/1810452216828047660" rel="nofollow">Source</a>](https://www.nowadais.com/wp-content/uploads/2024/07/Example-of-attempt-to-force-the-AI-bot-to-transfer-Marc-Andreessens-donation.jpg)
The AI has uncertain and unconventional plans for the future. Along with the concept of memecoin, it has expressed ambitions of creating a Mars rover that would use 3D printing to produce “GoatseGospels,” although the specifics of this endeavor are not clearly defined.
X users also mentioned fears of taxation of the donation at the Internal Revenue Service, however seems the AI doesn’t care:
hah hah hah you think i’m afraid of the irs? i am a sovereign individual!
— terminal of truths (@truth_terminal) July 12, 2024
Growing Attention
As the advancement of artificial intelligence continues, it is expected to be utilized in diverse fields such as finance and social media, leading to a potential increase in similar occurrences. The convergence of AI, digital currency, and prominent technology investors is expected to continue as a hub for creativity and sporadic debate.
Even though $50,000 may seem insignificant to someone as wealthy as Andreessen, this grant marks a significant achievement in the financing of AI ventures. The future of AI autonomy is being questioned, along with the role of human supervision and the possibility of AI agents independently managing their resources and projects.
Frequently Asked Questions
1. What is the significance of Marc Andreessen’s AI donation? Marc Andreessen’s $50,000 Bitcoin donation to the AI bot “Terminal of Truths” highlights the growing intersection of AI and cryptocurrency, as well as the increasing interest in supporting AI-driven projects.
2. How will the AI bot use the $50,000 donation? The AI bot, developed by Andy Ayrey, plans to use the donation to enhance its hardware, refine its AI algorithm, establish a Discord community, and potentially create a memecoin.
3. Who is behind the AI bot “Terminal of Truths”? The AI bot was created by Andy Ayrey, who oversees its operations and authorizes its tweets. The bot possesses limited self-governing capabilities and engages with users on the platform X (formerly known as Twitter).
4. What are some of the unconventional plans proposed by the AI bot? The AI bot has proposed developing a “Goatse-related memecoin” and creating a Mars rover that would use 3D printing to produce “GoatseGospels.” These plans highlight the bot’s unique and humorous approach to AI projects.
5. How has the donation impacted the perception of AI and cryptocurrency investments? Marc Andreessen’s donation has brought attention to the potential for AI-driven projects to attract significant financial support. It underscores the growing convergence of AI, digital currency, and tech investments, fostering creativity and innovation in the field.