Steven Levy: “The most withering critiques disputed the report's contention that much of the economy involves non-pro...

Steven Levy: “The most withering critiques disputed the report's contention that much of the economy involves non-productive 'rent-seeking' by middlemen and market makers, taking advantage of the laziness of the general population. When everyone has a few dozen AI agents working on their behalf, writes Shah, consumers will be able to effortlessly find the best goods for the best prices. Apps will be rendered unnecessary—just type what you want into the LLM and an army of agents will do everything for you. The 'poster child' for this phenomenon, Shah says, is DoorDash. Instead of being limited to the restaurants on the app, consumers will send out AI agents to find their ideal meal options, contracting directly with restaurants and delivery people—no apps needed. Zero friction! The DoorDashes of the world are avocado toast!”

https://www.wired.com/story/wall-street-has-ai-psychosis/?_sp=463b2cec-9af7-4bac-be2a-5cb77caac5f2.1773019330747

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