Thank you for your question! The autonomous AI agents are digital assistants who will be able to do anything you do not want to do (in digital world).
Think about it as "Siri on steroids". For example, do you need to read 10 project white papers and compare then by some criteria? Do you need an assistant to reply to your DMs? Do you want a travel assistant to research a destination for you and book your flights, hotels and sights?
Whatever can be done online by an average human user - will be done AI agents.
It will create a new economy which will be driven by AI agents and we think NewBabylonAI can win a big piece of this economy.
You can read more about this here: https://t.co/zYRrcq3IUT
🚀 Exciting progress update from #NewBabylonAI!
We’ve created a few Proof of Concept (POC) AI agents.
We’re learning a lot about the challenges of building AI agents first-hand and planning to develop tools that will help community developers to easily develop and monetize their AI agents with the NewBabylonAI marketplace.
Check out our latest demo videos of AI agents below!👇
Hopefully, these demos gave you a glimpse of our progress so far. We realize that the current simple use cases might not look that impressive, but they are just the first steps of fully autonomous digital assistants with whom we will interface in the future much more than we do now with our mobiles.
What would you like your personal AI agents to do for you? 🦾
AI agent researching products to buy:
Prompt: “Please find me a white robotic vacuum cleaner on Amazon. Ignore sponsored items. Add it to the cart but don’t buy it yet. Show me the cart page at the end. LFG!”
Video: https://t.co/c7hWWi21dU
NewBabylonAI will have a strong competitive advantage compared to other companies developing AI agents which can be illustrated by this flywheel:
1⃣Easy to develop & monetize AI agents. Making it much easier to develop new AI agents and providing the ability to monetize them will help community developers to produce more AI agents/skills than other companies.
2⃣More AI agents/skills used by more Users (and Customers) will generate a much bigger proprietary dataset to train/finetune LLMs.
3⃣Better trained LLMs for AI agent tasks will result in a better quality of AI agents.
4⃣Better quality and more AI agents/skills will cover more use cases and provide more value to Customers which leads to more Customers.
5⃣More Customers for NewBabylonAI agents will bring in more community developers.
The AI and AI agent market is projected to experience rapid growth, expanding from USD 4.8 billion in 2023 to USD 28.5 billion by 2028, with a Compound Annual Growth Rate (CAGR) of 43.0%, according to MarketsandMarkets. Further growth is anticipated by Yahoo Finance, predicting the market could reach USD 64.69 billion by 2030, with an even higher CAGR of 45%.
AI agents are expected to have a major impact on large industries such as e-Commerce, valued at $6.3 trillion, and the travel industry, worth $1.7 trillion, by offering substantial time and cost savings for both consumers and businesses.
NewBabylonAI decentralized platform helps:
✅Community Developers
NewBabylonAI provides tools for community developers to easily develop and monetize AI agents.
✅Customers
Customers can subscribe and use NewBabylonAI AI agents via easy-to-use apps.
✅Users
Users of NewBabylonAI can test AI agents, generate training data for LLMs, and get rewards in NewBabylonAI tokens.
We’re building NewBabylonAI, the first decentralized marketplace for developers and users of autonomous AI agents.
We wrote about AI agents, how complex it is to develop them, and the new AI economy in two posts here: https://t.co/9XiObFLkbL @ColosseumOrg
But what is NewBabylonAI?
🧵
@tenertoyourtl Apologies for the delay.
- Users will pay a subscription to use AI agents listed on NewBabylon.
- Devs who develop AI agents will receive their earned fees based on how much their agents are used by paying users.
The more useful your agents = the more 🤑you will make.
We’re building NewBabylon at @ColosseumOrg Hackathon https://t.co/i2XWAB89eD
NewBabylon - first decentralized marketplace for developers and users of autonomous AI agents:
🦾Who are autonomous AI agents?
🦾What can they do for you?
🦾How big this can be?
🦾What's AI economy?
🧵
Our solutions are pioneering: developing a web navigation action layer, employing computer vision for smarter data processing, and leveraging decentralized networks for cost-effective, powerful LLMs. The future of AI agents looks promising!
Read all here: https://t.co/QmGBZS91Dz
🚀 We're excited about our progress on NewBabylon's AI agents!
Today we'll do a deep dive into the AI Agents architecture:
✅Client-side UI,
✅Server-side magic, and
✅the Decision Engine brain.
It's all about making digital assistance smarter and more intuitive.
A 🧵
🛠️ We're facing challenges head-on! From the Digital Action Layer's web navigation complexities to the constraints of LLMs' context size and costs.
Innovation is key, and we're exploring every avenue to overcome these hurdles.
@ColosseumOrg@solana We're building NewBabylon - the first decentralized marketplace for developers and users of autonomous AI agents: https://t.co/3nIhTcsmDI
We’re building NewBabylon at @ColosseumOrg Hackathon https://t.co/i2XWAB89eD
NewBabylon - first decentralized marketplace for developers and users of autonomous AI agents:
🦾Who are autonomous AI agents?
🦾What can they do for you?
🦾How big this can be?
🦾What's AI economy?
🧵
@ColosseumOrg Yes, we are! We are building NewBabylon - the first decentralized marketplace for developers and users of autonomous AI agents.
Fully in the open, from the ground up. Read more here: https://t.co/zBkf875Unu
We will post updates on both our Colosseum Hackathon page and on X.
AI agents are going to be so much smarter than we are in every capacity. Except for perp trading. We will still have an edge in perp trading, I’m sure of it.
We are very early in this project but we’re very excited about this incredible future, and we hope you are too.
Read more about NewBabylon: https://t.co/CguxeU6IEx
We'll be posting updates as we build it.👀
AI agents are digital assistants who can handle any online tasks from grocery shopping to vacation planning online.
They order groceries, suggest meals, find flights, book accommodations, and locate top activities - all to make your life easier.
We're building AI economy where devs easily build and monetize AI agents through a unified marketplace.
Users share data, test, and own a piece of the future with governance tokens.
Need AI work done? Subscribe to agents or vote for new creations—all in one seamless interface.