Cardano Founder: By 2035, AI Agent's Importance to the Internet Will Surpass Humanity, Google and Other Giants 'Very Panicked'

**Cardano Founder Charles Hoskinson: AI Agents Will Dominate Internet Activity by 2035, Upending Tech Giants’ Business Models** On May 7, Cardano co-founder Charles Hoskinson told attendees at Consensus 2026 that by 2035, most internet searches, transactions, and daily activities will be driven by AI agents—not human users—fundamentally upending the business models of tech giants like Google, Amazon, and Meta (formerly Facebook). Hoskinson noted AI agents won’t click on ads or exhibit brand loyalty, directly undermining platforms that rely on ad revenue. “Amazon, Google, Meta are in panic mode over the agent revolution—their entire business models are at risk of being overturned,” he said. He highlighted AI’s growing role in crypto: agents will increasingly handle tasks like due diligence, transaction execution, and DeFi interactions. Calling AI “one of the best things to ever happen to cryptocurrency,” he added it will drastically improve the industry’s currently complex user experience. Hoskinson emphasized users must retain control of their data, identity, and assets instead of relying on custodial wallets or third-party platforms. He criticized the fragmented crypto ecosystem, saying: “Over the years, 11 million tokens have been issued—we don’t need more tokens; we need collaboration.” Finally, he noted traditional financial institutions are shifting their stance, citing JPMorgan Chase: “In the past, they’d close users’ crypto-related bank accounts, but now they’re rolling out blockchain products.”