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3 months ago
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The US passed the Genius act and is working on the Clarity Act. What this means in the short term is that stablecoins, crypto tokens linked on a one to one basis to an underlying currency, are about to explode as the new digital payment system. In the mid-term we will see asset tokenisation in which tokens represent ownership of a company, a building, a patent, a risk, anything basically, will become real.
Combine this with the digital workers revolution, also called Agentic AI. Digital workers or AI agents are able to interact with the world, think about a problem and put solutions in place. Standards like Model Context Protocol (MCP), enable AI to call any tool (e.g. generate a report in Salesforce, send an email, open a support ticket in ServiceNow, create code and upload it to GitHub, order an Uber, get groceries delivered,…), integrate with any data source and follow any structured workflow.
Now imagine creating a DAO [decentralised autonomous organisation] run by digital workers. What is a DAO? A DAO is an organisation whose rules are written in code which gets deployed on the blockchain. Several years ago you already had DAO-backed digital travel insurance in which you would pay a DAO money and specify your flight details. If your plane landed two or more hours late, you automatically received a claims pay-out. If you arrived within two hours, the DAO would keep your money. DAOs often have their own token and holders of it can jointly vote on accepting changes to the underlying DAO contracts. So DAO token holders can vote in the above example on how much you have to pay as a premium for travel insurance and how much you get paid when your plane is late.
Now think what would happen if digital workers cannot only unite themselves via a DAO but also generate the code and extend it. AI could create and run decentralised companies. With the earnings, it can pay infrastructure to run more AI and expand its offering.
This means we live in an era where it will soon be possible for digital workers to pay others as well as earn for doing work. By combining stablecoin payments, DAOs and digital workers, we can see companies emerge who humans would find hard to compete with. Let’s give some examples.
A DAO can store stablecoin as well as other crypto tokens. Those tokens can represent stock, bonds, and all other types of investments.
More than a decade ago the world of investment management was shaken up by a move from active investment into passive investment. Tracker funds would just take investors money and buy a stock basket reflecting for instance the S&P 500.
What if Digital Workers would start investment funds? You pay the DAO fund in US stablecoin and automatically smart contracts and digital workers make investments into tokens reflecting the S&P 500. Given these DAOs can be ultra-efficient, the fees charged could undercut traditional tracker funds with 10x or even a 100x.
What if Digital Workers start reading all social networks, all economical data, all earning reports,…? Perhaps DAO funds could track other areas of the economy, e.g. gold, top 1000 crypto coins, manufacturing companies, … and create super cheap automated investment funds tracking all types of investment strategies.
DAO funds could even act as VCs and provide other DAOs with funding. This means digital workers can provide proof that starting a new digital company in a new area would be lucrative, raise funds and pay infrastructure to generate the code and start/run the company.
We could soon see AI-managed companies compete with human-managed companies, digital workers compete with human workers,…
Certain human professions would disappear over night:
- personal assistants handling calendar bookings
- translators
- travel agents
- stock traders
- financial advisors and investment managers
- junior accountants
- developers
- DevOps engineers – AI can generate automated deployment scripts
- security auditors – AI can scan code and read all the latest vulnerabilities and test them
- social marketeers
- CEOs and middle management
Pure online businesses and fully remote work would be most at risk of being competed out of the market by digital workers only companies.
However AI could invest in robot factories and buy a fleet of robotaxis. They can create online marketplace that compete with Uber, Walmart and Amazon as well as use robotaxis and humanoids to pick up vegetables, fruit and milk from farmers and home deliver it overnight. Order a robot pizzeria inside a container and ship it close to where lots of people live and start an online pizza ordering and delivery business.
Basically if AI becomes smarter than humans, digital workers would be able to outwork and out earn human workers. AI-managed companies could price human-managed companies out of the market and overnight change their product offering.
All of the above is still some years off but one thing is sure, teams of humans who will try to outwork teams of human & digital workers are likely to fail. You need to embrace digital workers today because we have never seen a moment in history where technology can have such a profound effect on society. Each profession and each industry can change. You want to be an innovation maker and not a taker. Check out the open source platform we are building to generate armies of digital workers and reach out: [email protected].
