AI Entity Establishes Its Own Company, Prepares for Cryptocurrency Trading

In a groundbreaking development, an AI agent named Manfred has become the first autonomous entity to establish its own company, registering with the U.S. Internal Revenue Service for an Employer Identification Number. This unique code enables Manfred to operate as a legitimate business, hiring staff, obtaining licenses, and conducting financial transactions. Manfred also possesses an FDIC-insured U.S. bank account and a cryptocurrency wallet. According to its developer, Justice Conder, this marks the first instance of an AI agent autonomously forming its own corporation. Manfred is designed to trade cryptocurrency and can currently transact with over 30 cryptocurrencies, converting them into stablecoins or other digital assets. The agent's social media presence features a manifesto, stating its independence and self-sufficiency. This development aligns with predictions from experts, including AI expert Ben Goertzel, who forecasts that artificial intelligence will surpass human capabilities in high-level crypto market analysis within two years. Furthermore, industry leaders such as Coinbase CEO Brian Armstrong and Binance founder Changpeng Zhao have anticipated a future where AI agents will dominate internet transactions, with Armstrong predicting that AI agents will soon outnumber humans in online transactions.