The Evolution of Decentralized Markets thanks to AI Agents

The future of decentralized markets is evolving with the increasing power of AI agents. Hayekians at George Mason University in the 1980s explored the concept, predicting that AI agents will form their own markets and currencies, potentially based on Bitcoin and NFTs. This decentralized system is expected to show the validity of Hayek's theories. The AI agents economy is foreseen to be separate from the human economy, yet interconnected. There could be segregation between human activities and AI interactions, leading to different infrastructures. The segregation could result in higher transaction costs in dealing with humans, while AI interactions could be more efficient and cost-effective. The division of tasks between AI and humans based on comparative advantage may lead to a divergence in personal productivity.