New paper formalizes the 'Coasean singularity': can AI agents honor natural-language contracts?
xuanalogue · x · 2026-10-27
A new paper by xuanalogue explores a corollary of the agentic economy: drastically lower transaction costs could lead to a 'Coasean singularity' where cooperation via contracting replaces firms or even states.
The key premise is whether AI agents are any good at negotiating and following natural-language contracts. The paper formalizes and studies this question. Professor Dylan Hadfield-Menell boosted it, saying he'd love to see more work like this.
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