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At the recent #BITKRAFTSummit23, we had the pleasure of hosting an enlightening discussion led by David Bennahum and Arif Khan, focusing on the intersection of AI and Web3. The talk revolved around three critical areas: Value Contribution and Capture in LLMs: The talk highlighted how major players like Google, Meta, and OpenAI are primarily capturing the value created in AI through Large Language Models (LLMs). It raised an important question: as we move from Web2 to Web3, how does the dynamic of data monetization evolve? Proof of Humanity in a World of Artificial Content: In an era where AI-generated content is ubiquitous, the concept of “Proof of Humanity” becomes increasingly significant. This idea explores how authenticity can be assured in a digital landscape saturated with AI-generated content. The Rise of the Bot Economy: One of the most intriguing points discussed was the concept of 'agentic AI' introduced by [@Alethea AI]. The future of AI entrepreneurship, where creators can launch bots with their own on-chain liquidity, marks an exciting development in the industry.