kaal:claim:5886442-020

The Walrasian auctioneer disappears in the AI2AI economy because autonomous agents orchestrated by large language models and running on globally distributed compute negotiate directly and simultaneously across all markets at machine speed.

Source quote, verbatim

First, the auctioneer disappears. Autonomous agents, orchestrated by large language models and running on globally distributed compute, negotiate directly and simultaneously across all markets at machine speed

From

Wulf A. Kaal, The AI-to-AI Economy and the Collapse of Anthropocentric Economic Theory (2025), General Equilibrium Theory and Static or Stochastic Equilibria, p. 18
https://ssrn.com/abstract=5886442 · source PDF

Cite as

Wulf A. Kaal, The AI-to-AI Economy and the Collapse of Anthropocentric Economic Theory (2025). SSRN: https://ssrn.com/abstract=5886442

Classification

mechanismsupport: arguedeconomics

Related claims

restated_by kaal:claim:6421319-025 The Walrasian auctioneer is replaced by the agents themselves: price discovery ceases to be a slow tatonnement...

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