Agentic Macroeconomics

Definition

The study of aggregate economic phenomena—inflation, capital accumulation, price discovery, and trade velocity—in economies dominated by autonomous AI actors.

Key Characteristics

• Microsecond market clearance and dynamic pricing.
• Compute-backed resource credits.
• Extreme market volatility driven by synchronized model updates.

Applications

• Economic simulation
• Algorithmic market design

Mentions in Source

• “The vulnerability of agent societies to rapid coordination failures, hyper-financialization, and catastrophic model-collapse cascades.” — dwarkesh-patel-rise-and-fall-of-agent-civilizations