Odaily Planet Daily reports that Electric Capital partner Avichal Garg pointed out that as AI agents become more autonomous, developers are beginning to configure crypto wallets for them, enabling software to hold assets, pay for services, trade tokens, and even hire other AI agents. This trend is pushing blockchain technology into a new phase—building financial systems for “non-human entities,” but the legal framework remains significantly behind. He believes that with blockchain’s programmable funds, real-time settlement, and global accessibility, AI agents can not only make decisions but also independently execute transactions, forming software entities capable of “thinking and performing financial activities.”
Garg stated that this model is similar to the emergence of the limited liability company system in the 19th century, which unlocked new productivity thresholds for economic activity. As participation costs continue to decrease, more individuals and teams worldwide can leverage AI agents to create economic value.
However, the core issue remains the definition of legal responsibility. Since AI itself cannot be punished, it is still unclear who should be held responsible if an AI agent with an independent wallet participates in transactions, lending, or commercial activities and causes losses. This issue may become a fundamental topic that future regulators must address.
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