Zaid
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Podcast Appearances
In fact, the company is already using AI to help packages clear customs at a quicker pace.
People are also saying that AI agents could change the way that we all shop.
So, you know, instead of browsing through Amazon for a product, imagine telling your AI agent that you want to buy a specific item with a certain budget.
And then the AI agent goes out and does that for you.
Maybe the AI agent will find all the items that meet your criteria and then ask you to pick one.
Now, personally, I like spending four hours comparing products and reading all the Amazon reviews before buying a $30 rice cooker.
But I guess if an AI agent could do that, it would save me a lot of times.
It's less fun, but you know, more efficient.
All the jokes aside, according to Morgan Stanley, agentic shoppers could reach up to $385 billion in US e-commerce sales by 2030, which would represent around 20% of the e-commerce market share.
I'm still a little skeptical about that, but I can see the potential.
Now, banks are also testing AI agents.
There was a report from MIT Sloan that said that JP Morgan is testing AI agents for fraud detection, financial advice, and loan approvals.
But what I find to be most interesting is the role that stable coins could play here.
In fact, Coinbase is looking to build the infrastructure that would allow AI agents to make payments and carry out tasks.
The bet here from Coinbase is that agents will use stable coins on Coinbase's blockchain to automatically make transactions in the digital world.
So I find that to be very interesting.
I can kind of see the promise there.
By the way, if you guys want to learn more about this, I actually talked to the CFO of Circle about the role that stable coins might play in agentic commerce.
I'm not gonna lie, that conversation had me pretty hyped about the future of stable coins.
That interview will be posted on Sunday.