Welcome to Decasonic's bi-weekly newsletter! Join us as we delve into the depths of industry insights, explore top-of-mind perspectives, and share about upcoming events and initiatives.

Why AI Agents are the Next Version of Applications  

How to Capitalize on this Revolution in the Structure of the Web 

By: Danny Pantuso, Venture Investor, Decasonic

In March 2008, Steve Jobs' announcement of the App Store was met with a mix of excitement and skepticism. Most consumers didn’t see much practical use for applications other than the iPhone beer pouring app. Professionals weren’t eager to abandon the familiarity of their Blackberry’s. The web was thought of something that was used on computers. It wasn’t obvious that the announcement heralded the age of applications, where mobile and web apps would become the default user-interface for the products and services that define our daily lives. 

Flash forward to Nov 15, 2023, almost 1 year A.C (After ChatGPT), and Sam Altman takes the stage at OpenAI’s first-ever developer conference to reveal GPT Agents – Another AI announcement in a crowded year with them. But for those who are paying close attention, it heralded the dawn of the next generation of applications: AI Agents.

As models like ChatGPT start taking actions based on their reasoning, they unlock a new interface for the web. Tech magnates like Bill Gates are predicting everyone will have an AI-powered personal assistant within 5 years. It’s now possible to begin to see a transformation in the internet once again.  

What’s an AI Agent anyway? 

An autonomous agent, described simply, is an AI program capable of planning and executing tasks based on a given objective. Imagine asking an AI to “book a flight”, “create a website”, or “rent your apartment”- and the agent goes to work. It does so by repeatedly asking itself “What should be the next steps to achieve the task at hand”, utilizing an LLM to answer this question. 

The beauty of AI Agents is that they are a much simpler way of using the internet.

Blockchain For The Billions Podcast

Episode 6 of BFTB Podcast Season 2 is LIVE!

Jon Margolis, the Head of Business Development at The Sandbox, sat down on this week’s episode, with Danny Pantuso to to delve into the future landscape of crafting a transmedia narrative.

View the full episode below or listen on Spotify, Apple, or YouTube!

Top of Mind

• 3D digital avatars are extending artist longevity, enabling #mixedreality experiences for generations of #fandom. Through immersive technologies, the actual stars aren’t on stage. Instead, they are immortalized as younger, digital versions of themselves using motion capture, lighting, and sound technology. Read more of Paul Hsu’s thoughts here.

• The Decasonic team has an exciting week of events! Venture Investor Lauren Tierney gave her insights on an AI panel at Web3 Frensgiving alongside Beatriz Kauffmann of World Business Chicago and Jordan Pierce from Cube. Additionally, she shared details from a woman-led web3 event. Read all about it here.

• “I think a life properly lived is just learn, learn, learn all the time.” - Charlie Munger. In the wake of Charlie Munger's passing, Venture Investor Danny Pantuso reflects on the influence of three remarkable individuals in his life. Explore his post here.
  
  

  Where to Find Us
  

• Paul Hsu will be speaking at Friends of the Metaverse- Season of Innovation 2023 tomorrow, December 7th. Here is more information if you are interested in attending.

Thanks for reading!

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Are you or someone you know building in crypto or web3? Get in touch with the investment team here.

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