Ex-Twitter CEO on Why AI Needs a New Internet | Parag Agrawal

AI agents are poised to utilize the web at a scale 1000x greater than humans, necessitating a fundamental shift in infrastructure and business models. Parag Agrawal, former Twitter CEO and founder of Parallel, argues that the future of the open web depends on creating new incentive structures that reward high-quality, unique content for agent consumption. Operational success in this era requires a "model-first" mindset, where engineers prioritize high-impact, end-to-end automation over manual coding. By adopting a "top three" daily priority framework and embracing "token maxing"—the aggressive use of AI compute to expand operational capacity—companies can achieve unprecedented growth. This approach allows organizations to move beyond traditional resource constraints, enabling agents to handle complex tasks like deep web navigation and data synthesis, ultimately keeping the web open, accessible, and increasingly productive for the next generation of AI-native applications.