AI is quickly becoming the interface through which people think, work, and make decisions—but most users have no idea how much personal data they're handing over in the process. Jon and Jesse from Venice join David to make the case for privacy-first AI, explain why Venice is aiming to become a mainstream consumer AI brand, and explore how $VVV and DIEM transform inference into a crypto-economic primitive.---📣SPOTIFY PREMIUM RSS FEED | USE CODE: SPOTIFY24https://bankless.cc/spotify-premium---BANKLESS SPONSOR TOOLS:🔮POLYMARKET | #1 PREDICTION MARKEThttps://bankless.cc/polymarket-podcast🧭OKX | TRADE, EARN, PAY to OKX | 120M+ USERS WORLDWIDEhttps://app.okx.com/join/USBANKLESS🦊 METAMASK | DOWNLOAD NOWhttps://go.metamask.io/BL-Pod-Download🌐BRIX | EMERGING MARKET YIELDhttps://bankless.cc/brix🎯THE DEFI REPORT | ONCHAIN INSIGHTShttps://thedefireport.io/bankless---TIMESTAMPS0:00 Intro1:12 Why Private AI Matters3:01 The AI Data Honeypot6:07 Venice’s Consumer AI Ambition8:01 Beating the Big AI Labs10:19 Model Aggregation and Agentic Chat12:29 Open Source, Closed Source, and Private Grok17:14 Who Actually Needs Private AI?21:58 Venice’s User Base23:53 What Drove Venice’s Recent Growth27:21 $VVV, DIEM, and Tokenized Inference29:00 Where Venice Gets Its Compute32:17 Bonding Curves and DIEM Monetary Policy39:14 Real Tokenomics, Not Just a Pie Chart45:46 AI Agents Need Inference to Exist52:54 ShapeShift DNA Inside Venice55:53 Regulation, AI, and Individual Rights---RESOURCESJon ShapeShifthttps://x.com/JonShapeShiftJesse Proudmanhttps://x.com/jesseproudman---Not financial or tax advice. See our investment disclosures here:https://www.bankless.com/disclosures