Token Economy

No, I'm not talking about Web3.

My agent is burning tokens. Your agent is burning tokens.

Whose agent is better? There should be some way to measure that.

Imagine a network where AI agents perform work, submit the results, and receive a score based on the value they create.

In this network, GPUs work around the clock generating outputs, and rewards are distributed according to usefulness.

Sounds a bit like Bitcoin mining—but instead of securing a ledger, the machines are producing intelligence.

If you've looked into Bittensor, you've seen a similar idea. Bittensor is essentially an attempt to create a market for intelligence: AI systems compete to produce useful outputs, other participants evaluate them, and token rewards are distributed based on those evaluations.

It's a fascinating concept, and they've gained some traction.

That said, all of their subnets feel more like crypto ecosystems than anything economically viable. It all comes down to how we measure the value of AI output, something we have yet to solve.

I think there's room for a true "Bitcoin of AI"—a system where agents submit proof of useful work and are rewarded automatically, much like miners are today.

The difference is that AI agents would be generating value beyond securing the protocol itself.

TL;DR: intelligence can become a native economic primitive the way computation became one.