Tag: protocols
All the articles with the tag "protocols".
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The Protocol Layer: Watching the Theory Play Out in Real Time
Published: at 11:00 AMGoogle's developer guide to AI agent protocols is framed as a tutorial. Read it through a Coasean lens and it's something more interesting — live evidence that the transaction costs making firms necessary are being eliminated, layer by layer, in the open.
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The Firm in 2026
Published: at 10:00 AMReturning to Coase's original question — why do firms exist? — with fifteen posts of new machinery. The answer has not changed. The composition of the costs has.
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The Agentic Ecosystem
Published: at 10:00 AMThe shift from hierarchy to protocol-governed agent coordination is not theoretical. Over fifty companies are engineering it now. Here is what the early evidence tells us.
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The Protocol Layer
Published: at 10:00 AMHow networked firms coordinate work through protocols instead of hierarchy.