The $7.5 billion token merger of fetch.ai (FET), AGIX, and Ocean Protocol (OCEAN) into the Artificial Superintelligence Alliance (ASI) has sparked debate over the future of AI and crypto. Critics warn of increasing centralization and monopolies in AI. Julian Peh, CEO of Web3 AI base layer Kip Protocol, argues for a decentralized AI infrastructure, where models, apps, and data sets are not owned by the same entities. He advocates for a platform where developers can share data and assemble components. Meanwhile, Humayun Sheikh, chairman of ASI, anticipates revenue generation as they launch the agentic network for deployment.
