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  1. · The Twenty Minute VC (20VC): Venture Capital | Startup Funding | The Pitch · 5 min read

    Agentic Search Infrastructure and the Death of Ads

    Parag Agrawal of Parallel argues that AI agents will drive web search volume up 1,000x, necessitating a shift from human-centric UIs to API-first infrastructure. The traditional advertising model is obsolete for agents, requiring new data monetization frameworks. Parallel positions itself as the essential layer between inference and the open web, capturing 5-20% of inference spend.