“AI Agents will replace human workers” Let’s talk about that. Here’s a philosophical question an economist might ask: Why do companies even employ people? Why do they spend tons of money on paychecks, benefits, offices, and a million other things to employ people? After all, if markets are efficient, shouldn’t it always be cheaper to outsource your operations to the best available external provider? Ronald Coase’s Theory of the Firm proposed a brutally practical answer: Because the cost…