It has been a week. Busy. Probably a little aggravating. Lots going on. Hot outside.

Dog days of summer stuff.

I know it’s Sunday, and you want me to just opine on where SpaceX (SPCX) stock is going after another dismal week. Or what SpaceX’s commitment to using Nvidia (NVDA) chips means to the chip king’s valuation. Or hey, how SpaceX putting data centers in space could change the world.

But I’m not taking the bait. I am tired of getting asked about SpaceX by my friends who can’t name one business segment inside the company. (No offense, you guys, I know you read this newsletter.)

There are so many other things happening in the markets, economy, and life beyond SpaceX! Let’s move along.

How about this one to get you thinking: Remember those AI agents that began popping up in earnings calls 18 months ago? Their use has exploded within corporate America. When I visit CEOs, so many are managing their own team of agents. They’re requiring employees to learn how to build agents.

I truly believe this tech is helping to power a higher valuation for the S&P 500 (^GSPC). More agents, more productivity, more profits. Simple math.

“We think that there will eventually be billions of agents providing work and labor, and they’ll be able to be orchestrated and integrated within a firm and across firm boundaries,” Circle (CRCL) CEO Jeremy Allaire said on Yahoo Finance’s Opening Bid.

“And this is an incredible time for entrepreneurs, for startups, for builders who are going to be able to tap into these agent labor markets to get things done and accelerate their own development and growth,” he added.

Allaire is aggressively using AI agents alongside human workers to scale up Circle’s stablecoin business.

“AI and humans can interact directly through messaging environments like Slack, but also can interact between each other and communicate between each other directly,” Allaire explained. The company is asking employees to help build the agents so they can have their own fleets at their disposal.

“So this is an opportunity to multiply the capabilities of a firm and of humans themselves,” he added.

A new Accenture report reveals that more than two-thirds of C-suite executives say agentic AI has delivered greater-than-expected productivity gains for their employees. Roughly the same proportion of workers say they are more satisfied with their jobs as a result.

At the same time, 82% of C-suite leaders told Accenture they plan to increase their AI investments. And 78% of corporate leaders say they expect their employees’ jobs to change dramatically in the next year, in part because of AI agents.