Why does Charles Hoskinson think AI agents will dominate the internet by 2035?

Hoskinson said AI agents will increasingly handle online searches, commerce and digital activity instead of humans. He argued that advances in artificial intelligence and automation will make AI systems more efficient at making decisions, completing transactions and interacting online.

Why does Hoskinson believe Google, Amazon and Meta are threatened by AI agents?

Hoskinson said AI agents do not click advertisements or develop brand loyalty like human users. That could undermine the advertising-driven business models of Alphabet Inc, Amazon.com Inc and Meta Platforms, which rely heavily on user engagement and targeted ads.

How could AI agents change the crypto industry?

Hoskinson said AI agents may increasingly handle crypto tasks such as transaction execution, due diligence and decentralised finance interactions. This could automate complex blockchain activities and make crypto products easier for mainstream users to access.

What does this mean for crypto investors and traders?

If AI agents become widely used in crypto, trading, portfolio management and DeFi activity could become more automated and data-driven. That may improve efficiency but could also increase competition between algorithmic systems and human traders.

Why did Hoskinson say AI is good for cryptocurrencies?

Hoskinson described AI agents as potentially “the single best thing” for crypto because they could simplify user experience. He argued that easier onboarding and automated interactions may help solve one of crypto’s biggest adoption barriers.

What risks did Hoskinson highlight around AI and crypto?

Hoskinson warned users against giving too much control to custodial wallets, intermediaries and permissioned systems. He said users should continue owning their own identity, assets and personal data even as AI systems become more integrated into crypto services.

What is blockchain fragmentation and why did Hoskinson criticise it?

Blockchain fragmentation refers to the large number of separate crypto ecosystems, tokens and networks that often do not work smoothly together. Hoskinson argued this slows innovation, weakens collaboration and creates a confusing experience for users.

How could AI agents affect online advertising companies?

AI agents may bypass traditional ads entirely because they make decisions based on efficiency and programmed preferences rather than emotional marketing. That could reduce the effectiveness of digital advertising platforms over time.

Hoskinson says AI agents threaten Big Tech

Written by Mahathir BayenaPublished May. 7 2026Last Updated May. 7 2026

Charles Hoskinson said AI agents could become more relevant than humans online within the next decade, fundamentally disrupting the business models of major technology companies.

Speaking during a keynote at the Consensus 2026 conference on Wednesday, Hoskinson said that by 2035 most internet searches, commerce and online activity would likely be conducted by AI agents rather than people.

“Amazon, Google, Facebook, they’re terrified of the agentic revolution,”

Said Charles Hoskinson, adding:

“All of their business models are going to be disrupted.”

Hoskinson argued AI agents do not click advertisements or maintain brand loyalty, threatening the advertising-driven revenue models that support platforms operated by Alphabet Inc, Amazon.com Inc.

He also said AI systems would increasingly perform crypto-related tasks including transaction execution, decentralised finance interactions and due diligence, echoing previous predictions from Brian Armstrong and Changpeng Zhao that AI agents could eventually outnumber humans in crypto transactions.

“You have to own your data. You have to own your identity. You have to own your money,”

Said Charles Hoskinson, warning users against relying heavily on custodial wallets, permissioned networks and third-party intermediaries.

Hoskinson also criticised fragmentation across blockchain ecosystems and poor onboarding experiences for slowing crypto adoption, while pointing to growing institutional acceptance from firms including JPMorgan Chase & Co.