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Shaw Walters: ‘We’re Going to Automate All of the Jobs’

Someday you’ll be out of a job. So will I, so will your neighbor, so will your best friend, and so will all of your family. All of our jobs will be automated, thanks to AI. This is the prediction of Shaw Walters (who in Web3 style typically just goes by “Shaw”), founder of Eliza Labs, and creator of ElizaOS.
“We’re going to automate all of the jobs. Like, all of the jobs are going to be automated,” says Shaw. “There aren’t going to be any jobs. And there shouldn’t be, because any work that I can get a robot to do is beneath me. And I think we will look back on this time like we look back on slavery. Like, ‘What the fuck were we doing?’”
Onstage at the AI Summit at Consensus 2025, Shaw will unpack this theory in a keynote titled, “How AI Agents and Humanoid Robots will Reshape Society…and Why Crypto is the Key.” Here he gives a quick sneak peek.
Interview has been condensed and lightly edited for clarity.
What excites you the most about AI Agents?
Personally, this is a sort of selfish quest. I don’t like sitting at my desk all day with my shoulders rounding, becoming this troll who’s coding all day.
What I want to do is to pace around and tell my agents to do things and code for me. Coding has gotten to the point where I have another window up, and I’m just coding with Gemini in Cursor. I just start speaking and saying, “Hey, this is what I want. I want you to change this, this, and this,” and it just starts going.
And why can’t that just be embodied? Why can’t I just be walking down the street talking to my agent and it’s writing my code for me? Why do I have to be sitting here glued to this desk? So I really want to unbox the user interface personally for myself, and have my agent with me everywhere I go. I can just call it if I have an idea. It answers my email.
What do you think will be the first killer use case of agents that really goes mainstream?
Well, definitely coding. It’s already the first case.
Fair. But what about for normies, for non-coders?
Well for us [at Eliza], it’s social agents. And then I run a remote team and DAO community, right? We have 20 people that come to work every day and develop code. I have a group chat right now of eight people. And we have 20 channels on Discord and we have a Telegram. So we have all this communication happening in all these places, and we have these very obvious problems everyone else has. I don’t know what’s going on in most of the chats. I don’t have time to read most of it.
I’d love if it was just summarized for me. They should be like, «Hey, what has this guy been working on right now?» And it’s like, «Oh, he worked on this. He answered this.» Great. So we have a bot that’s doing just that thing. It checks in with every single employee every day and gets a [status update] from them. And it’s tracking every single chat and all of our digital spaces and summarizes everything.
Why, in your mind, is crypto crucial to this larger vision of yours of AI Agents? Why is Web3 necessary?
I think it’s very obvious that it’s hard for me to give an agent a PayPal account. But I can just spin up a wallet for this agent and that agent. I could build a game where I’m like, «I need 10,000 wallets.» Because what I’m really doing is giving an agent the ability to prove that it is itself with a cryptographic signing tool, just like I’m giving any other user. So agents are just proxies for other users and they get the same benefits that any other user does.
But I think that there’s a bigger question here of like why crypto at all? And I think the reason is because I think that we should be able to create our own money. It’s not a power that we should necessarily give to states, although states have the ability to enforce it with force. So there’s a bigger question of, what’s the war we’re fighting here?
This is something that I’ll be sharing in my Consensus talk. We’re going to automate all of the jobs. Like, all of the jobs are going to be automated. There aren’t going to be any jobs. And there shouldn’t be, because any work that I can get a robot to do is beneath me. And I think we will look back on this time like we look back on slavery. Like, «What the fuck were we doing?”
We were making everybody work for dollars with all of their time. That’s crazy to me. They should have been pursuing their passions. They should have been asking, “Why are we here and what are we doing?” They should have been forming their own basis of spirituality instead of just going to work every day. And so, in that reality, well, there’s a big problem.
I can think of a few…
If there’s no jobs, then we have no money. But actually none of the rich people in our country have jobs. How do they make money? They’re investing. And I think this is the world we have to live in, where we’re all investors, and nobody’s a worker. It’s just insane to me that we live in a world where all the rich people don’t work, and yet we think that’s the way to getting rich.
I’m trying to visualize this. It’s wild to imagine a world where no one has jobs, and all the work is beneath us.
It’s inevitable.
Are we writing poetry all day? How are we filling our time? What does humanity look like?
Okay, so let’s say you somehow received an airdrop that you put into a project, and now you have something like $80 million worth of value. What would you do? What’s your next move?
I see where you’re going with this. So the idea is that you think about what your passions are, and how you’d spend your time if you had unlimited money? And then that’s what you’d be doing in this world where all the jobs are automated.
Yeah. I would be at my computer working on AGI. I would be working on that all day.
Let’s go there now. What’s your guess of when we get to AGI, or if we get to AGI?
What is AGI?
[Both laugh.]
So, does AGI to you imply sentience?
Well, my favorite coined term was that AGI is the thing that computers can’t do yet. How about that?
It’s a bit of Zeno’s Paradox, right? It will forever be outside of its grasp.
Yes, we have normalized the fact that, like, I can talk to ChatGPT on voice in my phone and get instant answers to almost anything. Like, we’re sitting here having ChatGPT do tarot readings, and give us answers to how “Magic: the Gathering” works.
Wild times! Thanks Shaw, this was fun. See you in Toronto. Can’t wait for your talk.
Jeff Wilser will host the AI Summit at Consensus 2025, and is host of The People’s AI: The Decentralized AI Podcast.
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U.S. Senate Moves Toward Action on Stablecoin Bill

The U.S. Senate may soon vote on legislation that would establish U.S. regulations for the issuers of stablecoins, also marking the first time the chamber has considered a major crypto bill.
Senate Majority Leader John Thune, a South Dakota Republican, started the ball rolling to fast-track the Guiding and Establishing National Innovation for U.S. Stablecoins (GENIUS) Act, which is the Senate’s version of two similar bills rolling through both chambers of Congress. The House of Representatives is expected to follow closely behind on its own voting. Thune’s move to expedite the bill is meant to limit delays and floor action in order to get it done more quickly. It’s so far unclear precisely when the Senate vote will happen, but an earlier vote on the effort in the Senate Banking Committee had approved it with a wide bipartisan majority of 18-6. The House Financial Services Committee also advanced its similar bill in April.
“I look forward to passing the GENIUS Act in short order to keep digital asset innovation in America, protect customers, and make sure foreign companies are playing by the same rules,” said Senator Bill Hagerty, the Tennessee Republican who authored the bill, in a statement. It’s also backed by Senator Tim Scott, the chairman of the Senate Banking Committee.
President Donald Trump’s self-described crypto sherpa, Bo Hines, the executive director of the Presidential Council of Advisers for Digital Assets, told CoinDesk earlier this week that the two bills are as much as 90% similar and that members of both chambers are seeking to work out the differences.
Hagerty said he would introduce an updated version of the bill earlier Thursday.
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U.S. Government Begins to Sever Cambodia’s Huione Group from Financial System

The U.S. Treasury Department proposed cutting off the Cambodia-based Huione Group from the U.S. financial system, citing the cyber-crime help the illicit marketplace gives to North Korean hackers and other criminal groups.
The Telegram-based operation has been a «critical node for laundering proceeds of cyber heists» and aiding in so-called «pig butchering» scams that typically use fraudulent romantic ties to tap people for crypto assets, according to the Treasury’s Financial Crimes Enforcement Network (FinCEN) that proposed severing it from the financial system on Thursday.
Huione, which offers personal data and money laundering services, has been said to handle as much as $24 billion of such transactions, according to analytical firm Elliptic. The Cambodian marketplace also launched its own stablecoin earlier this year.
“Huione Group has established itself as the marketplace of choice for malicious cyber actors like the DPRK and criminal syndicates, who have stolen billions of dollars from everyday Americans,” said Secretary of the Treasury Scott Bessent, in a statement. So FinCEN sought to tap its nuclear-option power — using Section 311 of the USA PATRIOT Act — to sever Huione from the financial system.
As recently as last year, Phnom Penh-based Huione Pay was said to receive crypto totaling more than $150,000 from a wallet associated with North Korean hackers Lazarus, the group accused of stealing billions of dollars in crypto over the past several years that’s likely used to fund national projects.
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Mango Markets Exploiter Avi Eisenberg Sentenced to 4+ Years in Prison for Child Porn

NEW YORK, NY — Mango Markets exploiter Avraham “Avi” Eisenberg, who stole $110 million from the now-defunct decentralized finance protocol in 2022, was sentenced to 52 months in prison on Thursday — on his guilty plea to possession of child sexual exploitation material, not for his conviction on the crypto theft.
The sentencing comes a year after a New York jury found Eisenberg guilty of wire fraud, commodities fraud and commodities manipulation for his Mango Markets stunt, and a year after he separately pleaded guilty to the possession of child sexual abuse material (CSAM), which was found on his devices after his arrest.
Defense attorneys moved for either a new trial or an acquittal on the Mango Markets-related charges last year, claiming that the Department of Justice pursued the case in the wrong venue (the Southern District of New York), that the government hadn’t properly proved that the MNGO Perpetual was a «swap,» that Eisenberg intended to manipulate the MNGO Perpetual’s price and that his «alleged deceptions … were immaterial.»
In a hearing in Manhattan on Thursday, Judge Arun Subramanian said he would sentence Eisenberg to more than four years in prison at FCI Otisville, a medium-security facility about two hours’ drive from Manhattan, but that there was a «non-zero chance I will grant that motion» related to the Mango Markets-related charges.
The bulk of any sentence would be related to the CSAM charge anyway, the judge said.
«I think that in this specific area, general deterrence has more weight … the only way to try to stem the tide of the distribution of this material» is through a prison sentence, the judge said, before reading three witness statements.
The judge also said he acknowledged to Eisenberg’s effort to better understand the impact of his crime, but that a prison sentence was still necessary. Eisenberg is sentenced to five years of probation with strict rules after he is released from prison, the judge said, but will have to install monitoring software on all of his electronic devices and go through a drug outpatient program.
Presentence filings
In their sentencing submission to the court, prosecutors asked for Eisenberg to serve between 6.5 and 8 years in prison, stressing the seriousness of his offenses. Though Eisenberg has maintained that his crypto trading actions on Mango Markets were “compliant” with the protocol and thus didn’t break the law (an argument a jury clearly did not buy), prosecutors say Eisenberg was well aware that what he was doing was a crime. Before his Mango Markets heist, he’d filed suit against someone else for crypto-related market manipulation, and fled the country for Israel once his identity as the attacker was unveiled.
Prosecutors also detailed Eisenberg’s child sexual abuse material charges, telling the judge that between 2017 and 2022, he downloaded 1,274 sexually-explicit images and videos of children — including toddlers and two-month-old infants — as well as “depictions of sadistic violence and masochism against children.”
In their own sentencing submission to the court, Eisenberg and his lawyers attempted to blame his strict religious upbringing and his lifelong “struggles to conform to social norms” for his crimes, calling him a “fundamentally decent person” and detailing his challenges adapting to the “daily horrors” of life in jail.
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