Illia Polosukhin on why business deals need AI agents and blockchain
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About this video
NEAR co-founder Illia Polosukhin on the panel "The Agent Economy: Why AI Needs Crypto" at Token2049 Singapore.
AI agents won't change much for your groceries. "The consumer apps are so well optimized."
Business commerce is different: finding suppliers, billing and invoicing, and getting legal contracts redlined, in a "lack of trust environment".
"Blockchain provides us trust infrastructure, escrow, payments." AI does the "heavy lifting" of discovery.
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Transcript
152 wordsCaptions as YouTube publishes them, usually machine-generated, so product and people names can be misheard.
- 0:02
[snorts] The cool thing I'm really looking forward for next year is and and and I use this example because like people like oh you know your agent will be able to do your groceries and it's like the reality is the consumer apps are so well optimized that like the the change in experience is not that much.
- 0:20
What really is a sub-optimal experience is all of the business commerce is the finding suppliers, doing billing and invoicing, making sure legal contracts are leaded because you actually have a very trust uh kind of lack of trust environment in business transactions.
- 0:38
And this is where I think AI and blockchain really coming in together. Blockchain provides you this trust infrastructure, escrow, payments, derivatives, all of the things we can do. And AI does all of the kind of emailing heavy lifting to do actual discovery of products and do some facilitation.