i really need to write something about "agentic payments"
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@davidgerard I noticed the graun publish this on behalf of Mastercard a while back:
Is AI set to transform the way we shop? (Hint: yes, it is)
From choosing a new outfit based on your budget and taste, to making sure you always have your kitchen staples replenished, a new consumer revolution is underway thanks to the power of artificial intelligence
the Guardian (web.archive.org)
@toerror lol the fuck is that
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i really need to write something about "agentic payments"
the whole payments sphere is gaga for AI agents
and blithely constructs towers of hypecrafting
that ignore the minor material detail that AI agents don't fucking work and AI agents keep fucking up if you let them near actual money
@davidgerard yeah I've been seeing billboards around town and I don't understand why agents need their own money. Is it even an agent wallet or just a prompt like "hey your claw mistress wants to buy smut accept or decline?"
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@toerror lol the fuck is that
@davidgerard I like the way it manages to be insulting, smug and wrong in the headline alone.
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@davidgerard I noticed the graun publish this on behalf of Mastercard a while back:
Is AI set to transform the way we shop? (Hint: yes, it is)
From choosing a new outfit based on your budget and taste, to making sure you always have your kitchen staples replenished, a new consumer revolution is underway thanks to the power of artificial intelligence
the Guardian (web.archive.org)
@toerror @davidgerard "Instead of doing all the hard work themselves . . . " I mean really, why have humans at all???
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@toerror @davidgerard "Instead of doing all the hard work themselves . . . " I mean really, why have humans at all???
@kamellatate @davidgerard The ultimate aim of AI is to turn everything into a multifractal circular billing scheme with AIs passing money about at every level.
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i really need to write something about "agentic payments"
the whole payments sphere is gaga for AI agents
and blithely constructs towers of hypecrafting
that ignore the minor material detail that AI agents don't fucking work and AI agents keep fucking up if you let them near actual money
@davidgerard The hype people love LLMs because they give really good demos.
They are basically hyper-optimized for looking impressive at a glance and anything else they do is pretty much a coincidence.
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i really need to write something about "agentic payments"
the whole payments sphere is gaga for AI agents
and blithely constructs towers of hypecrafting
that ignore the minor material detail that AI agents don't fucking work and AI agents keep fucking up if you let them near actual money
@davidgerard Payments industry doesn't care if it works completely or not, they care if it reduces friction for purchases. The more payments they process the more money they make
So if having an agent buy things means people buy more things then they're going to love it. And if the agent has the authority to just go off and buy shit for you there are definitely people who are going to turn it on and never notice that their accounts are being slowly drained by an agent buying shit in their name
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@kamellatate @davidgerard The ultimate aim of AI is to turn everything into a multifractal circular billing scheme with AIs passing money about at every level.
@toerror @kamellatate @davidgerard if you earn a percentage on every transaction that sounds like a profitable future
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i really need to write something about "agentic payments"
the whole payments sphere is gaga for AI agents
and blithely constructs towers of hypecrafting
that ignore the minor material detail that AI agents don't fucking work and AI agents keep fucking up if you let them near actual money
madness
I won't install a banking app let alone allow a program with sub 50% accuracy to handle my money
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i really need to write something about "agentic payments"
the whole payments sphere is gaga for AI agents
and blithely constructs towers of hypecrafting
that ignore the minor material detail that AI agents don't fucking work and AI agents keep fucking up if you let them near actual money
@davidgerard You'd think this would be the one area where the FA/FO cycle runs tightly enough to nip idiocy in the bud ...
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