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The Citrini essay offered a more harrowing preview of the same deflationary transition. If and when AI agents begin operating 24/7 to optimize consumer decisions, businesses built on “habitual intermediation”—from food delivery apps to credit card interchange fees—will face a relentless race to the bottom. Travel booking platforms will fall first, Citrini predicted, with agents able to assemble a complete itinerary faster and cheaper than any platform by late 2026. “Their moats were made of friction,” the essay reads. “And friction is going to zero.”