With Episode 6 of The Coordinate, we are taking the podcast to a whole new level by kicking off a series on post-AGI economics.

Recently, there has been a sharp rise in discussions around agents engaging in commercial activity, with some even projecting that agentic commerce could eventually eclipse the human-based commerce we know today.

But many of these conversations stop short of exploring the deeper question: how do markets need to be designed or redesigned to accommodate our silicon-based counterparts?

To unpack the nuances of agentic commerce and the market design it will require, Sreeram Kannan and I had the wonderful opportunity to sit down with the one and only Scott Kominers, Professor at Harvard Business School and Research Partner at A16Z.

What began as a planned 90-minute recording session turned into a 3 hour conversation in aggregate, so we decided to split the episode into two parts. Today, we’re releasing Part 1.

In part 1, we cover:

• what market design is in plain English

• why prices alone are often not enough

• how Uber, Airbnb, food delivery, and auctions reveal deeper market structure

• stable matching and the medical residency match

• privacy, transparency, and information in markets

• why crypto and AI could transform agentic commerce

If you’re curious about market design and the future of agentic commerce, this episode is for you.

This is Part 1 of Episode 6 of TheCoordinate. Hope you enjoy it!