This video is definitely an exaggeration I think, but 2-3 years and I suspect it’s true.
Today “I” wrote (had an AI write) a small program for me in python. I was using an older non-thinking small model and it didn’t make a single error - I did have it make a few changes as it developed - because I realized some optimizations that it didn’t see, but otherwise pretty good and technically no errors. I think a newer thinking model that’s able to correct it’s mistakes and come up with optimizations could manage a fairly normal sized project - especially these new agentic model hacks that can really organize things at a meta level.
I think together with a smart contract this can even be used to implement a 2 party double deposit trustless escrow secured payment flow.
Seller deposits value he’s selling + buyer pays 2x the price (buyer gives permit to the smart contract, seller sends the amount and initiates the trade)
Seller sends out the goods
When the buyer receives the good he signs everything went fine and this can probably be checked by the smart contract and sends back the security to both + the earned ant to the seller (or any differently split amounts if there were issues and the buyer/seller reached a settlement)
Probably easier for all following operations would be to use a smart contract creating an atomic swap ant to eth so the ant holder just gets enabled to pay for his fees (otherwise he’s always depending on others to submit his permits/move his funds/submit the successful delivery etc …)
Atomic swap with permit:
A service provider / someone on a marketplace offers to swap
Swapper signs a permit (valid 10 minutes) for the swapping smart contract and a signed message about the eth value to get for it and gives it to the seller.
The seller then sends the agreed amount of eth, together with the permit and the signed agreed amounts of eth and ant to the smart contract, which (if everything is correct just fetches the ant, sends it to the seller and the eth to the buyer)
… We need some identifier for the one specific trade so a large seller cannot just replace the amount with another valid signature of a smaller eth amount of a precious trade… I guess I need to investigate smart contracts a bit but this sounds simple enough to me…
After that initial permit trick to get eth for ant to the address one can probably call DEXes for further swaps and is pretty independent…
Edit/ps: Okay this one is probably rather questionable… “Please note that this contract, which was generated with assistance from ChatGPT, is presented as an illustration only. It may be vulnerable to reentrancy attacks, front-running attacks, DoS attacks, insecure deposit amounts, and no time limit for delivery. Please use caution when deploying this contract in a live environment.”
Revolut are very crypto friendly, you can buy eth or usdc from them and send it to your ethereum network address and from there via bridge to arbitrum.
Forgive me for sounding ignorant (im not a cryptobuff) but what are the chances that its possible to build a kind of autonomous decentralized smartcontract thingie like uniswap where one can exchange native ant to erc20 ant and vice versa ?
Just so that once native is ready there’s no need for exchanges to implement the native coin and the regulators can stick their regulations where the sun doesn’t shine ?
Oh lord… A git repo is a lot of small files =/ that’ll be prohibitively expensive in fees =/
Guess we need to test out to really be sure what this means… But not ideal…the good thing is that deduplication prevents the fees to be spent multiple times on collaborative projects… But still that’s somewhat unfortunate…
Article by Tim Berners-Lee (paywalled but if you Google or Bing the title and click from the search results you can usually read it)
The next level is to make these data insights accessible to everyone via artificial intelligence agents. But in order not to repeat the worst mistakes of the social media era, we need to make sure these agents really work for you, with your best interests in mind. That’s why Inrupt is building Charlie — an AI agent that uses data from the Solid wallet to generate personalised answers.
Open Source Release: Baidu plans to open source ERNIE 4.5’s core code on June 30, 2025, enabling developers and researchers to customize and enhance the model, fostering innovation and collaboration within the AI community.