Project Kahneman

2025

The Agent-to-Agent Economy: Societal Implications and Adaptive Dynamics

Agent-to-agent economic transactions are already happening across global digital markets, expanding rapidly beyond current regulatory frameworks and national boundaries. The infrastructure to govern this transformation doesn't exist yet. We don't have all the answers, but we recognise the urgency of shaping solutions before A2A economies evolve beyond human influence. Our research contributes to the essential conversation about managing this inevitable transition responsibly.

Agent-to-agent transactions are already processing billions of interactions daily through programmatic advertising, algorithmic trading, and IoT commerce networks. This activity operates across borders without coordinated oversight, expanding exponentially as systems become more sophisticated. Current technical capabilities demonstrate partial autonomy, but rapid advancement suggests fully autonomous economic agents will emerge faster than anticipated. We analyse existing implementations to understand what's coming and identify the technical foundations needed for responsible scaling.

No existing regulatory framework adequately addresses autonomous agents conducting cross-border economic activities at machine speed. Traditional legal concepts of liability, contract enforcement, and market oversight break down when agents operate independently across multiple jurisdictions simultaneously. International coordination mechanisms don't exist for this challenge. Our comparative analysis reveals the scale of institutional innovation required and proposes frameworks for filling these governance gaps before they become crisis points.

A2A economies will reshape economic power structures faster than societies can adapt, creating risks we're only beginning to understand. Democratic institutions, labor markets, and social contracts assume human economic agency that A2A systems bypass entirely. Early evidence suggests both democratising potential and concentration risks, but the ultimate outcomes remain uncertain. We examine emerging patterns and contribute frameworks for steering this transformation toward beneficial outcomes while acknowledging significant unknowns.

The A2A economy is emerging now, not in some distant future, demanding immediate engagement from researchers, policymakers, and technologists. Current pilot programs and regulatory sandboxes provide limited insights, but comprehensive solutions require unprecedented coordination across technical, legal, and social domains. We don't claim to have complete answers, but offer evidence-based approaches for managing this transition. Our goal is advancing the essential conversation about governing technologies that are already reshaping economic reality.

Daniel Kahneman (1934-2024)

Daniel Kahneman was a renowned Israeli-American psychologist and Nobel laureate known for his groundbreaking work in behavioral economics and decision-making, primarily through his research with Amos Tversky. His seminal book, Thinking, Fast and Slow, introduced the concept of two systems of thought: System 1 (fast, intuitive, and emotional) and System 2 (slow, deliberate, and logical), which significantly influences how humans make choices and judgments.

“The important thing is not to stop questioning. Curiosity has its own reason for existing.” Albert Einstein