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Humayun Sheikh on Decentralized AI, Token Utility & the Next Wave of Web3 Humayun Sheikh - founder & CEO of Fetch.ai and Chairman of the newly-formed Artificial Superintelligence Alliance (ASI) - drops by the ACC Podcast to untangle the headlines, share stories from the early DeepMind days, and lay out why autonomous agent economies might be Web3’s first real, mainstream use-case. In this fast-moving chat we cover: 🔸 The “$500 M FET purchase” headline, explained - why the capital raise belongs to Interactive Strength, not Fetch.ai, and how listed firms will use the tech rather than bankroll it. 🔸 What’s actually inside the ASI tech-stack: agent frameworks, domain-specific LLMs, data tools and a distributed GPU layer via Cudos - all stitched together by the FET token. 🔸 Why agents are the new websites. Humayun walks through a simple “book a meeting” scenario that shows how agents can talk, negotiate and settle payments with zero human friction. 🔸 Compute, efficiency & specialist models. A candid look at GPU bottlenecks, model-splitting and the road to quantum acceleration. 🔸 Crypto’s reputation problem (and how real utility fixes it). Humayun argues that the next bull run will belong to projects that ship products people actually use, not meme coins. If you’re building at the intersection of AI and crypto (or just trying to understand where the space is headed) this episode is for you. Hosted by Stephen Snodgrass for ACC Ventures’ “Founder Stories” series. 🔗 Fetch.ai website – https://fetch.ai 🔗 Fetch.ai on X (Twitter) – / fetch_ai 🔗 Humayun Sheikh on X – / hmsheikh4 🔗 Stephen Snodgrass (host) on X – / the_economystic 🔗 Artificial Superintelligence Alliance website – https://superintelligence.io 🔗 ASI Alliance on X – / asi_alliance 🔗 ACC Ventures website – https://www.acc.ventures/ 🔗 ACC Ventures on X – / accventures ⏱️ Timestamps 00:00 – Show intro & why AI + Web3 matters 1:19 – Setting the record straight on the $500 M FET news 2:39 – Inside the ASI tech stack & FET token utility 3:56 – Why listed companies need a turnkey AI partner 5:43 – Capital-markets angle & comparative valuations 7:23 – How the Fetch·SingularityNET·Ocean merger happened 10:39 – DeepMind lessons & the push for commercialization 12:52 – Building a full-stack decentralized AI platform 16:06 – Websites → Agents: the next evolution of the web 20:45 – Real-world “schedule my meeting” agent demo 23:39 – Automating life admin with agent orchestration 27:23 – Compute efficiency, specialist models & ACI tiers 31:47 – Multi-model strategy & dynamic task routing 38:01 – Breaking ceilings: quantum compute & future leaps 42:34 – The coming second wave of crypto-AI adoption 46:59 – Utility over hype: token-gated tech in action 50:37 – Cleaning up crypto’s reputation through real product 55:09 – Final call-to-action for builders & investors 57:15 – Wrap-up & outro