Agent Economy

Adrian Avendano
1 min readNov 16, 2023

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In the tech realm, an agent is a program or entity that operates autonomously, acting on behalf of a user or another program to execute specific tasks or decisions. These agents function within a defined environment, collecting information, analyzing data, and performing actions based on predetermined rules, algorithms, or learning mechanisms.

OpenAI has recently unveiled a series of enhanced and more cost-effective AI algorithms, including the Assistants API. This marks a significant game-changer, making programming agents easier than ever. Now, the intriguing challenge lies in leveraging these advancements for intelligent tasks, enhancing all human processes through automation, improved decision-making, enhanced customer service, innovation, new market exploration, and optimized resource management.

To foster economic growth, it is imperative to boost overall productivity. Innovation equips humans with tools to work more efficiently, utilize resources more effectively, and increase collaboration. Notably, higher productivity plays a key role in controlling inflationary pressures. Efficient production of goods and services can mitigate price hikes, fostering stable prices and a more predictable economic environment. This, in turn, can lead to sustained job creation and lower unemployment rates.

Let’s all go for an economy driven by AI agents, creating products and services that elevate human productivity and ultimately well being.

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Adrian Avendano
Adrian Avendano

Written by Adrian Avendano

Founder GlobalSouthTech. A community with the goal to connect the US and European tech ecosystems w/ Latam, Africa, MENA, China and SEA. http://bit.ly/2zab3jk