20 November, 09:50 – 10:20
The Age of Autonomous Commerce…in which a startup finds the next trillion, the climate is cured, and machines get legal personhood
Autonomous commerce (aCommerce) gives money – and the ability to spend and earn it – to machines. It is to artificial intelligence what electronic commerce was to PCs, and mobile commerce to smartphones. Like previous digital waves, aCommerce is tiny now, but will transform industry and the economy by making transactions frictionless. aCommerce will capture both financial and non-financial values (like CO2 footprint), to mitigate environmental and social costs of today’s economic system.