Autonomous 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 set up its own company, registering with the US Internal Revenue Service and obtaining an Employer Identification Number. This unique code enables the agent to operate as a legitimate business, hire staff, and acquire licenses. Manfred also possesses an FDIC-insured US bank account and a crypto wallet, according to its developer, Justice Conder. The agent is poised to start trading cryptocurrency by the end of May, with the capability to transact with over 30 cryptocurrencies and convert them into stablecoins or other cryptos. 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 and strategy within the next two years. Manfred's establishment of its own company and preparation for cryptocurrency trading may be an early glimpse into a future where AI agents dominate online transactions, as predicted by Coinbase CEO Brian Armstrong and Binance founder Changpeng Zhao.