Replit’s CEO says an idea from 1937 could make the org chart obsolete

Replit CEO Amjad Masad contends that AI agents will fundamentally transform how companies operate by automating routine execution and reducing coordination overhead. Drawing on economist Ronald Coase's 1937 theory of why firms exist, Masad argues that AI agents will collapse the internal management, meetings, and reporting costs that have defined organizational structure for decades. Replit is advancing this vision through its new "Agent Habitat" platform, which gives AI agents controlled access to company systems while maintaining permissions and approvals, enabling autonomous work alongside employees.

Summary and key points written by AI from the headline and a short excerpt, so they can be incomplete or wrong. The New Stack did the reporting; read the original for the full story.