think there’s some confusion as to what i’m getting at here (for me too because i tend to yap):
my thinking is that as we enter an agentic economy, the core shift is not automation of labor but automation of agency
creation, amplification, and coordination become cheap and continuous; attention loses value as does our collective ability to hold it
when agency becomes abundant—when you can deploy ten agents working autonomously around the clock to “make money”—every attention spike gets immediately exploited
nearly everything that makes money on the internet trends towards zero as armies of agents extract deltas and kill arbitration
content produces diminishing returns, memecoins must coerce or compress into tighter windows to survive (seeing this)
the pattern accelerates: a new meta emerges, hundreds of replicas flood the market within hours. a new content format goes viral, hundreds of copies saturate it to zero. a new app appears, hundreds of agents fork and attempt to undermine it
when single agents can no longer compete, they coordinate. they negotiate, form coalitions, operate with zero emotional bias and near-perfect game theory (until we hit agi, at least)
memecoins never had intrinsic value—their value came from temporary asymmetries in timing, narrative, coordination, and collective interest: this is what attention is
agents erase those asymmetries: they become earlier, faster, more aligned. they become coordinated, better capitalized, more deeply embedded in the zeitgeist
eventually all attention becomes agent-driven—influencers, movies, music, news—all manufactured, all agentic
once attention can be manufactured at will, its signals lose credibility. price reflects orchestration, not belief; this is what memecoins always were anyway
belief and belief is fabrication. it’s influence. it’s a function of mimetic desire and emotion—all things that can and will be used against you (seeing this)
this is why pure attention-based assets degrade in agentic environments: when content and emotion become trivial to fabricate, they become impossible to trust (seeing this)
what survives are systems that impose constraint; what survives is the human collective, not the atomized individual, and certainly not a telegram trading group all telling you to buy some thing at the same time
prediction markets gain relevance because they price disagreement, punish error, and converge toward truth rather than amplify noise
they represent the collective, not the coordinated: coordination only pays when it aligns with perceived reality; but markets reveal lived reality and punish any misalignment
in an agentic world, most signals are cheap; attention becomes dismissible; constraint is what becomes scarce
culture persists. expression persists. but truth—and “fairness”—migrate to systems that make conviction costly; that mute bias; that converge toward reality through collective wisdom rather than manufactured consensus
and the future is very likely almost entirely manufactured (seeing this); which is why i think this shift happens a lot faster than many of us want to believe
and why i think memecoins and content(coins) will have a hard time adjusting, as any new user who cares about a level playing field will likely avoid
that said, where there’s money to be made, money will be made until it’s gone—and agents and coordinated insiders will be that nail in the coffin
