The Availability Cascade for the Onchain Agentic Economy
terminallyonchain.xyz The availability cascade for the onchain agentic economy |
AI summary of the linked articleYB argues that crypto Twitter's recent AI-related excitement is an availability cascade that will grow into a lasting shift toward an onchain agentic economy, and that this could rival the impact of the limited liability corporation. He points to recent experiments such as truth_terminal, Aethernet, Forest, Luna, and the price moves of $GOAT and $HIGHER as early signs. He draws parallels between the LLC's formation and today's developments: lower transaction costs (DeFi versus TradFi), artificial persons (agents), and tradeable shares (tokens). He says DAOs need AI agents to steer them, and he frames the shift as slow, with no expected timeline of "by Christmas." |
1 comment mishaSubmitter maybe the a in dao was ai Many folks were quick to point out in Jacob's replies that this was the idea all along. Autonomous right? But it's not "autonomous" in the way we were all thinking of back in 2021. We were focused on the immutable smart contracts and global shared treasuries. That frame of thinking made it seem as if things will work on cruise control as long as the right infra is set up. Of course, well know now that it's not that simple. And this led to the endless debates on governance, token models, etc. Notice how barely anyone discussed DAOs post FTX after the market crashed? But now it's becoming clear that these decentralized organizations do in fact need someone to steer the ship. It's the AI agents that will serve as the glue for the inevitable rise of decentralized organizations & headless brands. |
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