Are we going to see all search engines adopting this model? Will this be the future of search engine revenue? May end up more pro-consumer than ads and tracking.
This is not true. The psychology of positive and negative events suggests that to optimize your happiness, you should "lump" negative things and "split" positive things.
People do this intuitively with payments (negative). They'll buy a timeshare or a boat (expensive, "lump" cost) when it would be much cheaper on net to stay at resorts or rent a boat and pay by usage.
They'll pay for subscriptions (automatic payments) rather than pay per experience. Many people will pay $20/mo for Netflix, watch it twice a month, but would never rent movies for $3 on Amazon.
They'll pay a big premium for "unlimited" data plans when this actually makes little sense for anyone vs. paying by usage.
anyone using an llm is hard stuck in token micropayments regardless, i doubt one more will make a significant difference to them if it is integrated into pricing well enough
Same, it is built on the USDC stable coin and if crypto has taught me anything it is that it is that people do not trust it (ironically). Companies like Circle do absolutely nothing to protect their users while banks etc have mechanisms by which a user has a path to recourse.
Granted this is for micropayments and each search will most likely cost pennies but it still means loading up some real money into a digital wallet which an agent will blindly (and most likely very inefficiently) spend at its own discretion.
This may be the least stupid use of the block chain I've ever heard of.
Mind you Visa could have implemented this when everyone first asked back in 1999, but hey here we are. Rather than micro payments instead we let ads do their best to ruin western civilization.
If need to use an API, needs to do: user creation, top-up some money, create a token, store the token somewhere, pass it to the agent... and later renew the token...
With a blockchain, no need for all of that. And you can only pay for few cents, no need to top-up a full 5$ min for each services. If you have dozens of services that you need to reach, the benefits start to be interesting.
nobody wants paid impressions to hit agents, and agents certainly aren’t going to convert, so this model makes perfect sense. once humans realize they too can have the premium experience the agents are getting it will be the end of adtech!
The idea of paying for usage is actually very appealing.
People do this intuitively with payments (negative). They'll buy a timeshare or a boat (expensive, "lump" cost) when it would be much cheaper on net to stay at resorts or rent a boat and pay by usage.
They'll pay for subscriptions (automatic payments) rather than pay per experience. Many people will pay $20/mo for Netflix, watch it twice a month, but would never rent movies for $3 on Amazon.
They'll pay a big premium for "unlimited" data plans when this actually makes little sense for anyone vs. paying by usage.
Granted this is for micropayments and each search will most likely cost pennies but it still means loading up some real money into a digital wallet which an agent will blindly (and most likely very inefficiently) spend at its own discretion.
Time will tell, I guess.
Mind you Visa could have implemented this when everyone first asked back in 1999, but hey here we are. Rather than micro payments instead we let ads do their best to ruin western civilization.
With a blockchain, no need for all of that. And you can only pay for few cents, no need to top-up a full 5$ min for each services. If you have dozens of services that you need to reach, the benefits start to be interesting.