🤔 better markets via ai agents

in future, AI agents, acting on behalf of individuals, will lead to more effective markets
one of the limits to existing markets is signal-to-noise ratio of things on offer
advertising (google, etc.), digital classifieds (craiglist, kijiji, let-go), auction houses (ebay) impose search and transaction costs
- ex. I own many items that I would be willing to part with, for some price
  - (~ allusion to harberger taxation)
  - it's a bit of a pain to post and manage them on kijiji
  - if everyone did it at the same scale, the amount of stuff to sift through when purchasing would be huge
- BUT, AI agents could mitigate the "information overload", monitor offers (ads), put out ads

2023-08-16

#artificial-intelligence

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