Cover art/illustration via CryptoSlate. Image includes combined content which may include AI-generated content. Crypto exchange Coinbase witnessed its first crypto transaction between artificial intelligence (AI) bots on Aug 30, CEO Brian Armstrong announced in a post on X. He explained that one large language model (LLM) used crypto tokens to buy AI tokens from another AI bot. Bots are developed to carry out specific tasks — in this case, to carry out crypto transactions. While AI bots cannot have bank accounts, they can own crypto wallets. These AI bots will now be able to conduct transactions with humans, merchants, and other AIs. Armstrong noted: “Those transactions are instant, global, and free.” According to Armstrong, AI agents are not currently effective because even when they are assigned a task and […]
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