Trevor Thompson

"Anyone with a little bit of prompting to Claude can go write their own bot... the number of agents... can basically scale way more than humans could scale." The "slop super cycle" described by the guest implies an exponential increase in API calls and inference compute. Every one of the millions of bots spamming social media requires processing power from the underlying LLM providers. Microsoft (OpenAI), Amazon (Anthropic/Claude), and Google (Gemini) are the "arms dealers" selling the compute required to flood the internet with agents. Long the Hyperscalers/AI Model providers. Regulatory intervention on AI agents or platforms blocking API access (e.g., X blocking scrapers).

"How does a business solve it like Coinbase? They KYC, right? They they have to know their customer... You have to give them government documents... scan your face." As the open internet becomes flooded with indistinguishable AI agents and "slop," the value of "walled gardens" where human identity is cryptographically and legally verified increases. Coinbase's strict KYC compliance—often seen as a friction point—is flipping into a competitive moat. It creates a high-trust environment for transactions and interactions that social platforms cannot match. Long COIN as a "Trust Infrastructure" play. Regulatory crackdowns or high compliance costs slowing user growth.

"Anyone with a little bit of prompting to Claude can go write their own bot... the number of agents... can basically scale way more than humans could scale." The "slop super cycle" described by the guest implies an exponential increase in API calls and inference compute. Every one of the millions of bots spamming social media requires processing power from the underlying LLM providers. Microsoft (OpenAI), Amazon (Anthropic/Claude), and Google (Gemini) are the "arms dealers" selling the compute required to flood the internet with agents. Long the Hyperscalers/AI Model providers. Regulatory intervention on AI agents or platforms blocking API access (e.g., X blocking scrapers).

"Anyone with a little bit of prompting to Claude can go write their own bot... the number of agents... can basically scale way more than humans could scale." The "slop super cycle" described by the guest implies an exponential increase in API calls and inference compute. Every one of the millions of bots spamming social media requires processing power from the underlying LLM providers. Microsoft (OpenAI), Amazon (Anthropic/Claude), and Google (Gemini) are the "arms dealers" selling the compute required to flood the internet with agents. Long the Hyperscalers/AI Model providers. Regulatory intervention on AI agents or platforms blocking API access (e.g., X blocking scrapers).