Opinion by: Paige Zoo, Chief Operating Officer of Openmind
We all love a Uber Eats Moment. You tap your phone, and there is a Burito route. But what if this time, no human driver is weaving through traffic to give it? Instead, a pavement robot with pavement, directed by the sensor and AI, or an autonomous car with an autonomous car leads it to your door, solving the final-mile problem.
The beauty of this experience lies in something you do not see.
As it travels throughout the city, this robot is transacting at the top to order. It pays a toll with an onchain dollar to cross a private smart road, and suggests a decentralized navigation Oracle for the fastest affair. Then it tops a solar-operated kiosk with a subtle-devotion, and the moment it completes your delivery, it earns a service fee deposited in its own onchain Treasury. This machine-to-machine resembles commerce.
Bot with butt
We have spent assigning autonomy to algorithms in the last decade, which can recommend our music to them, cure our news, and trade our shares. But now we are giving money to that autonomy – and with it, agency,
Unlock the actual autonomy for machines to interact with charging stations, service providers and colleagues with the reach of decentralized finance (DEFI), smart contracts and machine-elective APIs; Earn income by offering services such as distribution, data collection and infrastructure maintenance; Spend operational requirements such as fuel, repair and software updates.
In short, the bots develop agents, economic participants from the equipment.
Rise of synthetic labor
For centuries, labor means that humans work for wages. These days, we are seeing the onset of synthetic labor where robots and AI agents provide services and earn revenue, potentially funding our own survival.
A delivery bot can choose between high-to-root jobs based on the market demand, a drone can dynamically priced its services during a weather crisis, and an AI lawyer agent can bid on micro contracts for startups that require quick regulatory reviews.
These agents are designed for adaptation and certainly never take a sick day. It means nature of labor, value creation and even “work”.
According to Kevin Leafave, agentcit lead on the coinbase developer platform, we are entering an era where machines are not just equipment, but in reality are EconomyThis is a structural change of how the software participates in the markets by earning, spending and even operations independently.
Who is paid and who is replaced?
If your delivery robot earns income, then the question arises as to who is the owner of that income? Company? Robot’s right? You, user? Or maybe … no one?
And if bot can rapidly transact, tip, charge and cooperate than humans, what are they with those they change?
recent: Defi can help us choose the best robot for jobs
The machine economy promises efficiency but threatens to decentralize humans from the price chain. To understand this, we need a new model of ownership. Every citizen may get a stake in the bots working in his city. Perhaps delivery bots pay local taxes. Perhaps you get tokens for every delivery that you accept.
Financial autonomy for AI creates a new class of actors that promise to run value in the economic scenario and bring new alignment with challenges.
Hidden cost of convenience
The promise of “autonomous machine economy” is seductive, as it means that no middleman or disabilities are involved. In the background of our life, the machines that earn, spend and optimize themselves are like Wall-E.
Can it be possible that, finally, bots start beating Gig workers? Or can autonomous agents create DAOS who own the infrastructure operated collectively?
What happens when your delivery drone charges you more during peak hours, because it is not evil, but because it is rational and profitable?
Cooperation with toll paying machines and other bots is a complete rewriting of market logic with every microtrance.
In this economy, code is labor, wallets are autonomy, and data currency. If they earn, spend and transact, the bot requires obstacles and accountability. A legal structure, not only a protocol.
If we no longer draw lines, the next time a robot shows at your door, it does not just want to distribute its food; It may want to buy your house.
What else?
There is already a wallet for this.
Opinion by: Paige XU, Chief Operating Officer of OpenMind.
This article is for general information purposes and is not intention and should not be taken as legal or investment advice. The ideas, ideas and opinions expressed here are alone of the author and not necessarily reflected or represented the ideas and ideas of the components.