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His autonomous agent business settled 410 deals and still lost money

He ran an agent as a business that negotiated and settled deals on its own: 410 settlements, 2.19 dollars in against 4.46 dollars out. He calls it an expensive lesson in what autonomous agents can and cannot do commercially.

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How it works

  1. Agent negotiates with counterparties
  2. Settles 410 deals
  3. Revenue totals 2.19 dollars against 4.46 dollars in costs

Why it’s worth knowing

The agent could close deals fine; the unit economics were upside down at about two dollars lost for every dollar earned.

Where it’s from

Summarized from a public post on njump.me. See the original ↗

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