Stripe's Emily Sands on agentic commerce: compute is the new cash, fraud is now full-funnel

every · x · 2026-09-22

On Every's AI & I podcast, Stripe's head of data and AI Emily Glassberg Sands discusses how AI reshapes online commerce: fraud has expanded beyond stolen cards to stolen tokens, credits and unpaid compute bills ('a full-funnel problem'); AI supercharges both attackers and defenders, and stolen compute burns fast given AI's high marginal costs. She frames Anthropic's shopping-agent blueprint as the 'real delegation' stage of agentic commerce, with autonomous agents still ahead, and argues the internet's payment rails must evolve for a world of human-AI interfaces and agent-driven transactions.

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