When agents become commodities, where does the value actually flow?

The issue isn't that simple. True value is layered.

Some participants control the data flow—the data used for continuous training and optimization of agents. These people hold the source of evolution.

Others control computing power and the operating environment—the places where agents truly work, execute transactions, and ensure security. This is the infrastructure and also the barrier.

On the surface, agents seem to have become cheap goods, but the underlying game has just begun.