Milk Road(@milkroaddaily):Raoul Pal: Agents spawn sub-agents, who spawn more sub-agents... "Agents building their own agents is a nonlinear function." And the scale won't follow Metcalfe's law - it'll follow Reed's law, which is the square of that. This is a Cambrian explosion of new economic participants. FT @RaoulGMI @RealVision.

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Milk Road@milkroaddaily

2026.06.07 01:59

Raoul Pal: Agents spawn sub-agents, who spawn more sub-agents... "Agents building their own agents is a nonlinear function." And the scale won't follow Metcalfe's law - it'll follow Reed's law, which is the square of that. This is a Cambrian explosion of new economic participants. FT @RaoulGMI @RealVision.