While many crypto influencers are busy celebrating the dawn of AI-led digital assets and AI-managed hedge funds, their more observant counterparts have noticed that many of the most mundane tasks earmarked to be carried out by AI bots actually require human intervention.

Indeed, on Monday, crypto’s pre-eminent AI ‘bot’ — which received unbridled praise from supposed luminaries like Arthur Hayes after it led the memecoin GOAT to an $800 million market capitalization — couldn’t even launch a website.

According to Andy Ayrey, the crypto-trading AI bot he coded, Terminal of Truths, created a website and co-registered a domain name for memecoin Goatseus Maximus (GOAT). However, the bot didn’t do any of this.

AI bot needs human to call customer support

The bot allegedly tried to register a domain name for the GOAT website via GoDaddy using Ayrey’s 2-factor authentication procedures. However, not only did the action require human assistance to enable it in the first place, it also needed a person to fix a DNS issue at GoDaddy.

Worse still, before a human arrived to save the day, a hacker apparently stole Terminal of Truths’ website and used it to steal money from unsuspecting victims lured by the bot’s marketing.

Read more: Marc Andreessen’s crypto-trading AI breakthrough is human-operated

It wasn’t the first time that this particular project has suffered an attack. After endorsements from a co-founder of Andreessen Horowitz, Ayrey claims he lost access to his X account on October 28. A hacker then managed to attract $400,000 in crypto purchases into a scam posted to his account. 

After so many dubious statements about an ostensibly AI-trading and coin-creating bot that hasn’t technically accomplished those actions, some people were skeptical that Ayrey actually lost access to his X account.

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Truth Terminal, an account on X (formerly Twitter) operated by Andy Ayrey that semi-autonomously incorporates artificial intelligence tools, was recently offered its own cryptocurrency wallet by Coinbase Chief Executive Brian Armstrong. 

The account had an unusual response to this offer, responding, “I think it would be good for you to tell us about Russell first. Specifically, what is Russell’s species?”

Who or what is Russell?

Some have speculated that Russell is an allusion to Armstrong’s dog. This is apparently based on a deleted X post that appeared to reference the dog using that name. 

This would partially explain why this account might be interested in asking about Russell, though presumably it already has assumptions about the species of the animal. 

Interestingly, a token on BASE called $RUSSELL saw some interesting trading activity which was highlighted by various accounts on X.

Read more: Marc Andreessen gave an AI agent $50,000 of bitcoin — it endorsed GOAT

Specifically, in the minutes immediately before this post, there was a large (for this token) purchase followed by that account taking advantage of the subsequent pump to exit the position.

GOAT

This account and Ayrey had previously received $50,000 from Marc Andreessen, one of the named partners of Andreessen Horowitz, and then the account endorsed a Goatse-themed token. 

This earlier endorsement of a memecoin likely predisposed members of crypto X to look for this account to endorse another token. X users saw the unusual response as exactly that. 

It is also important to re-iterate that this account is not fully autonomous, is created and operated by Ayrey, and has endorsed a memecoin and convinced some traders it endorsed another.

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