People envision AI's future as more intelligent chatbots.
Or robots.
Or the coding of software.
But very few people are posing the far bigger question:
So how can AI afford anything?
If AI is truly autonomous, it won't simply answer questions.
It will buy things.
Rent computing power.
Pay for APIs.
Employ other AI agents.
Purchase data.
And perhaps even bargain for prices.
That establishes an altogether new economy.
And surprisingly...
Crypto is already developing a financial system.
AI Doesn't Have a Wallet
Consider asking your AI assistant:
"Get the lowest rate for me on a ticket.
Today's AI searches websites and says you'll have to pay to use it.
AI can simply purchase the ticket for the future.
The issue is, though.
AI can't open a bank account.
It is unable to obtain a debit card.
It will not accept international transfers over 3 business days.
Traditional finance was not made for software.
Crypto Was
A crypto wallet is not concerned with the type of user – be it a person or software.
If an AI is allowed to use one, it can transfer money anywhere in minutes.
No bank hours.
No borders.
No paperwork.
That's a significant benefit for machines that require immediate transactions.
The Rise of Machine-to-Machine Payments
Consider how many things would change if you had a million AI agents working together.
One AI writes code.
The other is an example of renting out GPU power.
A third ensures security.
There is a fourth who buys fresh market data.
It's not human dealing.
They're machine-to-machine transactions.
And they can occur thousands of times per second.
This is a problem with traditional payment methods.
Programmable value is the goal of Crypto.
This Isn't About Bitcoin Replacing Banks
It's about forming a payment layer for software.
As we have seen with the internet, the communication layer for humans. . . . . . .
Blockchain may well be the financial backbone of AI.
Not all crypto projects are going to make it, so to speak.
Far from it.
But it is not speculations, it has a purpose.
Investors Might Be Watching the Wrong Charts
However, most of the news will be around how AI tokens surge 50% in one night.
These are headline-grabbing activities.
Building infrastructure builds value.
As we have seen in history, the largest successes tend to be the ones building the roads, not the billboards.
This is certainly the case for internet businesses.
The same may prove true for cryptocurrencies.
The Bigger Picture
The next consumer on the internet could be an AI rather than a human being.
And if there are millions of AIs that will start making money, spending and doing business with each other, they will require an economy that runs continuously all through the day.
One of the few existing technologies that run continuously all through the day is crypto.
This does not mean anything for success.
But it is the reason why a lot of developers are building on the crossover between AI and blockchain technology.
