Google, Meta, and app platforms face revenue risk if AI agents take over tasks users now perform manually, says AGI Inc. founder Div Garg.

What happened: Div Garg, founder and CEO of AGI Inc., argues that companies relying on human user engagement—including Alphabet Inc., Meta Platforms Inc., Uber Technologies Inc., and Airbnb Inc.—are most vulnerable in an AI-agent future, where agents (self-directed AI systems) handle tasks like research, booking, and purchasing without human intervention.

Why it matters: Google's search advertising depends on users clicking links and comparing options; if AI agents perform that research instead, Google loses that revenue stream. Meta generates the majority of its revenue from ads targeted at human attention; AI intermediaries could undermine that model. Similar pressure could hit Uber and Airbnb as agents book trips and transportation. By contrast, Garg identifies Taiwan Semiconductor Manufacturing Co., Nvidia Corp., and Qualcomm Inc. as safer bets, since any winning AI platform still requires computing power.

What to watch: The core question investors should ask, according to Garg, is not which chatbot or model wins, but which business models survive when AI agents start doing the clicking, searching, and booking on behalf of users.