coasean singularity - Google Search
Skip to main content Accessibility help AI Mode All Images Videos Shopping News Forums More Tools Search Results AI Overview The Coasean Singularity is an economic concept describing a tipping point where autonomous AI agents collapse market transaction costs to near-zero, challenging the fundamental reason why traditional hierarchical firms exist. The term builds on economist Ronald Coase's 1937 theory that companies exist to bypass expensive market frictions. www.inc.com +1 Core Economic Drivers Demand side: Users weigh the quality of an AI-driven choice against the drop in personal effort required to make it. Supply side: Companies build and monetize agents, deciding if they function inside walled gardens or across open platforms. Market level: Transactional frictions like search delays and contract drafting vanish, though new issues like digital congestion appear. National Bureau of Economic Research | NBER +2 Impact on Markets and Firms Replacing intermediaries: AI agents take