Episode Details

Meta’s Chief Data Officer Alex Schultz reveals agentic commerce as the inevitable next evolution for businesses—where AI agents handle everything from birthday parties to financial deals via messaging apps like WhatsApp. With over a million businesses already using these agents weekly, Schultz envisions a future where stablecoins power payments, physical wallets vanish, and digital commerce dominates. Drawing from Asia’s success with WeChat and Line, he highlights how conversational commerce is already scaling massively, especially in Brazil and India where small businesses thrive on WhatsApp. Celebrating the 7th anniversary of Facebook’s Libra, Schultz admits past regulatory hurdles but now champions partnership over currency creation, positioning Meta as the interface while payments settle beneath the surface. He also sees decentralized identity as the key to solving verification—and if a scalable, reliable system emerges, Meta is ready to integrate it.

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