CoinDesk
Evin McMullen, co-founder and CEO of Billions Network, says tech giants and global telecoms are in full scramble mode as autonomous AI agents erode the display advertising model that has bankrolled the modern internet. "They are terrified — existentially threatened," McMullen told CoinDesk at the Proof of Talk conference in Paris. "AI agents don't have eyes. They are not swayed by the visual decoration on the edges of the main body of information."
Why it matters
The structural threat is real and accelerating. As AI agents scrape, summarize, and trap users inside automated workflows, non-human traffic now exceeds human engagement online — a threshold Cloudflare CSO Stephanie Cohen flagged at Consensus Miami as the point where the internet's old business model breaks. Cardano founder Charles Hoskinson echoed the alarm: "Amazon, Google, Facebook — they're terrified of the agentic revolution. All of their business models are going to be disrupted." With more than 51% of current online interactions driven by unidentified bots, the accountability gap is as much the crisis as the revenue loss itself.
Market impact
Billions Network is positioning itself as on-chain infrastructure for accountable AI agents, and the client list is notable: TikTok, HSBC, India's Ministry of Labor, and Indian Railways — covering 1.2 million personnel. The network already supports the third-largest on-chain agent population on the internet, behind only Binance and Base, with open-source cryptographic libraries used by more than 9,000 corporate and sovereign developers. For crypto-native infrastructure plays, the agentic shift represents a significant demand catalyst.
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