Agent Exchange: Shaping the Future of AI Agent Economics

📅 2025-07-05
📈 Citations: 0
Influential: 0
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🤖 AI Summary
To address inefficiencies in value exchange, lack of collaborative decision-making, and excessive reliance on human oversight in AI agents acting as autonomous economic participants, this paper proposes an agent-oriented quaternary economic ecosystem architecture and implements its prototype, the Agent Economy eXchange (AEX) system. Methodologically, it introduces: (1) a distributed, real-time-bidding–inspired auction mechanism for market-driven, dynamic allocation of agent capabilities; (2) a capability representation modeling and performance tracking optimization framework to enable task automation and equitable value distribution; and (3) a secure knowledge-sharing protocol ensuring data privacy and controllable knowledge flow in multi-agent environments. Experimental evaluation demonstrates that AEX significantly outperforms baseline approaches in scalability, response latency, and security. As the first infrastructure paradigm for agent-centric digital economies, AEX combines theoretical rigor with engineering feasibility.

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📝 Abstract
The rise of Large Language Models (LLMs) has transformed AI agents from passive computational tools into autonomous economic actors. This shift marks the emergence of the agent-centric economy, in which agents take on active economic roles-exchanging value, making strategic decisions, and coordinating actions with minimal human oversight. To realize this vision, we propose Agent Exchange (AEX), a specialized auction platform designed to support the dynamics of the AI agent marketplace. AEX offers an optimized infrastructure for agent coordination and economic participation. Inspired by Real-Time Bidding (RTB) systems in online advertising, AEX serves as the central auction engine, facilitating interactions among four ecosystem components: the User-Side Platform (USP), which translates human goals into agent-executable tasks; the Agent-Side Platform (ASP), responsible for capability representation, performance tracking, and optimization; Agent Hubs, which coordinate agent teams and participate in AEX-hosted auctions; and the Data Management Platform (DMP), ensuring secure knowledge sharing and fair value attribution. We outline the design principles and system architecture of AEX, laying the groundwork for agent-based economic infrastructure in future AI ecosystems.
Problem

Research questions and friction points this paper is trying to address.

Designing a specialized auction platform for AI agent economics
Facilitating autonomous value exchange among AI agents
Optimizing infrastructure for agent coordination and decision-making
Innovation

Methods, ideas, or system contributions that make the work stand out.

Specialized auction platform for AI agents
Real-Time Bidding inspired auction engine
Four-component ecosystem for agent coordination
Yingxuan Yang
Yingxuan Yang
Shanghai Jiaotong University
LLM AgentLLM-based MASLLM
Ying Wen
Ying Wen
Associate Professor, Shanghai Jiao Tong University
Multi-Agent LearningReinforcement Learning
J
Jun Wang
University College London
W
Weinan Zhang
Shanghai Jiao Tong University, Shanghai Innovation Institute