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Autonomous transactions between future AI Agents: Will crypto play a role?
Patrick Collison discusses the evolving financial infrastructure necessary for AI agents, emphasizing that while primitive transactions are occurring today, a gradual shift towards greater autonomy in decision-making by AI is expected. He highlights the potential role of cryptocurrency in this transformation, particularly in relation to KYC (Know Your Customer) and AML (Anti-Money Laundering) regulations, suggesting that crypto's unique position in financial services could be significant.
"What is the financial infrastructure for AI agents look like? It's in some kind of extremely primitive way happening today and and I assume it will follow some gradient where some of those decisions a..."
Patrick Collison discusses the evolving financial infrastructure necessary for AI agents, emphasizing that while primitive systems are in place today, we can expect a gradual increase in autonomy for these agents. He highlights the potential for autonomous transactions to reshape the economy over the next decade and speculates on the role of cryptocurrency in this transformation, particularly in relation to KYC (Know Your Customer) and AML (Anti-Money Laundering) regulations.
"What is the financial infrastructure for AI agents look like? It's in some kind of extremely primitive way happening today and and I assume it will follow some gradient where some of those decisions a..."