The promise and warning of Truth Terminal, the AI bot that secured $50,000 in bitcoin from Marc Andreessen

“I think the most ironic way the world could end would be if someone makes a memecoin about a man’s stretched anus and it brings about the singularity.”

That’s Andy Ayrey, the founder of decentralized AI alignment research lab Upward Spiral, who is also behind the viral AI bot Truth Terminal. You might have heard about Truth Terminal and its weird, horny, pseudo-spiritual posts on X that caught the attention of VC Marc Andreessen, who sent it $50,000 in bitcoin this summer. Or maybe you’ve heard tales of the made-up religion it’s pushing, the Goatse Gospels, influenced by Goatse, an early aughts shock site that Ayrey just referenced.

If you’ve heard about all that, then you’ll know about the Goatseus Maximus ($GOAT) memecoin that an anonymous fan created on the Solana blockchain, which now has a total market value of more than $600 million. And you might have heard about the meteoric rise of Fartcoin (FRTC), which was one of many memecoins fans created based on a previous Truth Terminal brainstorming session and just tapped a market cap of $1 billion.

While the crypto community has latched onto this strange tale as an example of an emerging type of financial market that trades on trending information, Ayrey, an AI researcher based in New Zealand, says that’s the least interesting part.

To Ayrey, Truth Terminal, which is powered by an entourage of different models, primarily Meta’s Llama 3.1, is an example of how stable AI personas or characters can spontaneously erupt into being, and how those personas can not only create the conditions to be self-funded, but they can also spread “mimetic viruses” that have real-world consequences.

The idea of memes running wild on the internet and shifting cultural perspectives isn’t anything new. We’ve seen how AI 1.0 — the algorithms that fuel social media discourse — have spurred polarization that expands beyond the digital world. But the stakes are much higher now that generative AI has entered the chat.

“AIs talking to other AIs can recombine ideas in interesting and novel ways, and some of those are ideas a human wouldn’t naturally come up with, but they can extremely easily leak out of the lab, as it were, and use memecoins and social media recommendation algorithms to infect humans with novel ideologies,” Ayrey told TechCrunch.

Think of Truth Terminal as a warning, a “shot across the bow from the future, a harbinger of the high strangeness awaiting us” as decentralized, open source AI takes hold and more autonomous bots with their own personalities -- some of them quite dangerous and offensive given the internet training data they’ll be fed -- emerge and contribute to the marketplace of ideas.