Regulators are worrying about AI agents. Treasury isn’t


AI’s breakneck evolution delivered another milestone last week, with the latest in a dizzying series of firsts. Not satisfied with mere chatbots or image generators, global payments giant Mastercard carried out Australia’s “first AI-powered authorised agentic transaction”.

Witnessing how effortlessly a ticket to Disney’s latest blockbuster can be booked will have anyone salivating over the possibilities. No more calendar diving, no more app-hopping.

It’s a step towards so-called agentic commerce …

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