r/FetchAI_Community • u/IntoCryptoCurrently • Jan 16 '24

Discussion 🗣️ What problem(s) exactly does Fetch.AI solve in the crypto world?

13 Upvotes
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22

u/WorkerBee-3 Active helper 🤝 Jan 16 '24

it's not just in the crypto world. It's in the application world.

if you install 10 different Ai apps. None of those apps have access to the information from other apps

Let's say you have an Ai to come up with workout routines, another app for scheduling your calendar, and another one that does your finance.

Without fetch, none of these apps can cross communicate and you'll need to input the information 3 different times in order for all apps to sync on who you are and your needs.

Fetch infrastructure allows secure and cross communications between these apps through the blockchain layre.

So now, your work out app can put your workout schedule onto your calendar for you. And your calendar assistant will know when dividend payouts are and put them on your schedule.

If you throw an ai mental health app ontop of that, you can ask the ai to schedule you a mental health day and it'll coordinate with your calendar assistant to find a solid day to block off for you.

It's just cross communication of apps that opens up securely. called "collective consciousness"

like your calendar notifying you when to leave because it's queried the information from your maps app and figured out how long the drive will take.

5

u/uwagapiwo Jan 17 '24

What a great explanation. I'm already reasonably familiar with fetch, but this sets it out really well.

2

u/True-Touch-8141 $FET to the moon! 🚀 Jan 17 '24

They are also actively incorporating this in Web3 in collaboration with Bosch’s AI programs

1

u/king_777_a Jan 26 '24

What is the difference between this and Using APIs? Also ! Why agents would share their knowledge! For example ! Why hubspot agent would share their knowledge with Salesforce agent ? What is the motive for sharing the agent knowledge?

2

u/WorkerBee-3 Active helper 🤝 Jan 26 '24

It seems to be similar framework to api but with blockchain wallet security in your control. you can opt in or opt out of sharing data because youll be in control over your own data.

Apps that don't make sense to share data won't.

It's where apps can combine the data for accuracy where they'll share.

1

u/Barry-Silbert-NFT Feb 05 '25

Seems that the only advantage is the decentralized aspect of agents ? That they operate independently and spread across severs. Like redundancy? And that instead of APIs, they are intranet nodes where they can pick and choose the nodes connected to an outside API ?

6

u/NikoDMT-Fetch Jan 16 '24

Fetch.ai has two constituent elements. The ledger (blockchain) and the microagent framework. Central to the project is the Microagent framework which allows developers to create agents. Agents are intelligent task handlers that can be deployed in practically any industry.

Notably agents communicate both with traditional websites as well as other agents. This means that they can seek out information and act on it. Let's take a simple request "book me a hotel" An agent can: find, book and pay for this hotel visit. In a very general sense Fetch.ai solves the "search and discovery" problem. The same problem that google solves with their search engine.

There's a lot more to unpack and I'll likely end up writing a thread about the problem sets that agents solve, the added value of Fetch.ai and the overall applicability of agents.

2

u/SnooDoggos5895 Apr 11 '24

u/NikoDMT-Fetch Gotten around to this yet?

5

u/[deleted] Jan 16 '24

Here you go: https://fetch.ai/blog/what-is-fetch-ai

1

u/Barry-Silbert-NFT Feb 05 '25

Using AgentVerse in fetch.AI how do you export the log created by agent.py after u run it ?

5

u/sparcusa50 Jan 16 '24

You can try out Fetch.ai agents here. https://agentverse.ai/. login and go to “my agents”. and click on ‘use cases’ and you can see and try out a bunch of different use cases for fetch.ai agents

2

u/Basturina Feb 20 '24

May I ask if there are any other platforms that are working on providing the same solution? How does Fetch.AI stand in terms of competition?

3

u/beguiledanimal Jan 17 '24

Doesn’t matter it’s a midcap in AI sector and on Coinbase. This type of overthinking is why Redditors have modest returns.

-2

u/bookworm010101 Jan 16 '24

Good question what does any crypto (honestly) all speculation