



Visa, Mastercard, a W3C workshop, and a Senate bill all published agent infrastructure frameworks the same week. Every one builds the same half: recognizing agents and declaring what they're allowed to do. None specifies what happens when an agent breaks something. We kept pulling at that gap. The reason is plain: identity is where coalitions form, because everyone benefits. Figuring out who pays when things go wrong means someone loses, so it waits. If you're placing bets on this infrastructure, that sequencing tells you more than any single announcement. The capabilities you'll need most are the ones no coalition has reason to build yet.


