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The Internet taught us that the value of a network depends on \emph{how} its nodes connect: broadcast stars scale as $V\!\propto\!N$ (Sarnoff), fully-connected meshes as $N^2$ (Metcalfe), and group-forming networks as $2^{N}$ (Reed). We ask the analogous question for networks of AI agents. We model
The Internet taught us that the value of a network depends on \emph{how} its nodes connect: broadcast stars scale as $V\!\propto\!N$ (Sarnoff), fully-connected meshes as $N^2$ (Metcalfe), and group-forming networks as $2^{N}$ (Reed). We ask the analogous question for networks of AI agents. We model
The Internet taught us that the value of a network depends on \emph{how} its nodes connect: broadcast stars scale as $V\!\propto\!N$ (Sarnoff), fully-connected meshes as $N^2$ (Metcalfe), and group-forming networks as $2^{N}$ (Reed). We ask the analogous question for networks of AI agents. We model