Yat Siu, co-founder and executive chairman of Animoca Brands, envisions a future where AI-driven software agents dominate blockchain usage, rather than human speculators. Speaking on the On The Margin podcast, Siu highlighted the potential for AI wallets to enable software agents to act as autonomous economic actors, bypassing traditional banking systems. He predicts that the number of such agents could reach 50 to 100 billion globally.
Siu argues that AI wallets allow software to hold and spend money independently, facilitating transactions without human intervention. This shift could transform the advertising-funded web into a transactional economy powered by agents. Major financial players like Coinbase, Visa, and Mastercard are already developing infrastructure to support this transition, with initiatives such as stablecoin payment standards and agent protocols.
Despite skepticism from some industry figures, Siu believes that embracing AI wallets is essential for staying relevant in the digital economy. He compares the reluctance to adopt this technology to the early resistance to the internet, suggesting that opting out will become increasingly untenable.
Animoca's Yat Siu Predicts AI Wallets Will Transform Blockchain Usage
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