Binance Founder CZ on AI Agents, Crypto Payments and the Future of Work
Whenever super successful entrepreneur billionaires start talking about
what's going to happen in the future, I open my ears and I start listening.
CZ, the founder of Binance, he recently said that soon you will have
thousands of AI agents working for you. Take a listen to this.
It's very clear soon we're gonna, each of us gonna have like, you know,
hundreds or thousands or millions of agents working for us in the background.
And they will be transacting. They will be, they will be moving money around, right?
So, um, in theory, if I want to listen to this podcast, you know, your
people should pay a few cents to, to listen to it. Um, whatever
economic model that you want. - More than that, CZ.
- Sure, of course. Sure. But there will be some economic model, right?
Right now, uh, you know, even last year we talked about agents buying tickets for us.
It's not quite there yet, but it will get there, right?
Uh, they will book restaurants, they'll pay, they'll pay for hotels for us.
Um, and then, um, the agents can transact a million times more than us.
- Yeah. - And they are not going to use banks.
Uh, banks just won't be able to support it. - Well, banks won't onboard
an AML KYC an agent. - You can't, you can't.
- Doesn't even make sense. - It can't do a KYC. They can't swipe a card.
- It doesn't, it doesn't make any sense. - Right. So, yeah.
- But also what agents will do is they'll transact at a transaction volume and at a rate...
- Yeah. - It'll make the traditional networks' heads spin.
- Exactly. They're just not going to be able to support it. - Yeah.
- Right. And also, um, even stuff like investments and trading, right?
So today, you know, you open the Binance app, you look at a chart,
you have to like, you know, click on a price level and you have to type in the price
and then a green or red button. That shouldn't be the interface.
The interface should be like, hey, look, convert 10% of my stable coins into BNB.
And then you'll figure out, okay, if you have a large position, you'll do it slowly over time.
Uh, if you have a small position, it'll just be one, one market order.
Um, all of that stuff should be just happening in the background.
Right. So the agent can do this for us. Uh, soon it will be able to.
Now CZ is saying that they're going to book hotels, buy tickets, trade crypto.
Basically they're going to do everything for you.
I don't think he's wrong here. Now, when does it happen? How does it happen?
Who provides the AI agents? How do they interact with money?
There's a lot of open questions. But I see it every single day.
One of the things I keep reminding people is remember, six months ago,
we did not have Claude code.
Today, companies are reporting that more than 50% of the code
in their company is being written by AI instead of humans.
That is a crazy acceleration.
And I don't think it's going to stop anytime soon.
Pretty much at this point, artificial intelligence has become a product
that regardless of the way you use it, it is very valuable inside of your organization.
You're going to have AI agents working for you professionally and personally.
They're going to be doing a lot of things that you previously didn't enjoy doing.
And my guess is it's going to free up your time, my time, and everybody else's
to do much more productive things.
And so this is a positive impact on the US economy.
We now are going to free up humans to do things that only humans can uniquely do.
Thousands and thousands of AI agents are coming.
The people who are going to benefit the most, they're the people who either build them
or the people who learn how to use them sooner rather than later.
So go spend the next couple of days, become an expert on AI agents.
My guess is that you're going to end up making more money, you're going to be happier,
and you're going to have more free time.
And so learn to harness the power of the technology.
CZ says it's coming, and so do I.
End of transcript · 731 words
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