I meant as the other "person" in the transaction. I believe Japanese regulators adopted the term "person-to-machine" or "machine-to-machine" transactions in ord

I meant as the other "person" in the transaction. I believe Japanese regulators adopted the term "person-to-machine" or "machine-to-machine" transactions in order to describe "smart contracts", as they are not contracts in the legal sense. The reason I called them "autonomous agents" because they don't really fulfill any part of a standard contract. No choice of jurisdiction, no severability clause etc. More of a judge&jury&executioner all in one. They are rather rigid and somewhat limited today, but I'd guess they are autonomous in the sense you can make them nearly unalterable once deployed. I suppose wih time we will be interacting with AI-agents at some point, there are some rather wild projects trying to do just that. It may not strike you as particularly useful, but some decentralized exchanges (uniswap, dydx) that now clear more trading volume than Coinbase, a 100 billion dollar company. This has to mean something. I have no idea if they could ever supercede legal contracts. Maybe in a 100 years.