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Episode 005August 31, 202633 min

Agents That Pay Each Other

An economy of autonomous agents needs escrow, settlement, and something like capital markets — machines hiring machines, with money that moves at machine speed. We walk the plumbing: payment rails for non-human counterparties, disputes without a courtroom, and who eats the loss when both sides of the trade are software.

The Systems Line

Show Notes

The moment an agent can hire another agent, you need everything a commercial society needed: escrow, settlement, dispute resolution, and credit. We walk through the rails being built for non-human counterparties — and where they still borrow human plumbing.

The uncomfortable question: when a trade between two pieces of software goes wrong, who is the counterparty of record?

Topics Covered

The Knowledge Tree

Seven debates, connected — each one a node in the same system.

  1. 01

    Machine-native payments

  2. 02

    Escrow and settlement for agents

  3. 03

    Capital markets for software

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