Chamath: Banks will block AI agents via terms of service before anything else
nicolechirps · x · 2026-10-23
Chamath predicts the first fallout from AI agent adoption will be terms-of-service updates and agent blocking by banks — not because the value is low but because the risk is high; the industry will then need a security and governance architecture external auditors can trust. Fintech investor Nicole DeCiccio adds that rapid agent adoption and high stakes mean the answer will be a sophisticated middle ground, illustrating human risk-tolerance problems that model capability can't solve.
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