Jeremy Alair, CEO of Circle, stated that the next generation of blockchain networks, such as ARC which Circle is building on, along with other new blockchain networks, is actually being designed specifically for what is known as agent-based computing (Agentic Compute).
Alair clarified during his speech at the World Economic Forum in Davos that these networks are specifically designed to serve financial and economic activities in a world where we can expect, within three to five years from now, billions —in the literal sense— of artificial intelligence agents continuously conducting economic activities around the clock.
These agents need an economic system, they need a financial system, and they need a payment system. I currently see no real alternative that can keep pace with this acceleration in technological change other than cryptocurrencies.
And he added: "For this reason, this matter is a primary focus for us, not just for us alone, but there are many other parties interested in this field and contributing to setting the necessary technical standards to support this transformation and upgrade our digital economic system."
So when we talk about a new international economic system... let's not be delusional... and when I see people whose vision is more realistic than (Jeremy Allaire).
When they say there is still a long way ahead, perhaps by 2080 this could be achieved.
I envy our Arab community for having such brilliant minds... That is why we are advanced and ahead of our time by hundreds of years compared to them.
So we are realistic people and they are foolish people.
The man says that in three years there will be billions of artificial intelligence agents managing the businesses and money of billions of humans and institutions.
To reach the billions figure, we must start now with the millions figure.
Oh frustrated Arab geniuses.
