Crypto news from CoinWorld reports that Evin McMullen, co-founder and CEO of Billions Network, shared at the Proof of Talk conference in Paris that big tech companies and global telecom firms are actively confronting the looming crisis of their primary revenue source—display advertising—about to crash. She pointed out that traditional user traffic monetization systems will completely collapse as autonomous AI agents replace human-driven semantic search. McMullen candidly described the media and telecom giants' fear of this shift, stating, "They're feeling scared—facing a threat to their survival." She added that AI agents are unaffected by visual embellishments, focusing more on the discovery process itself. Charles Hoskinson, founder of Cardano, echoed similar sentiments at the 2026 Consensus conference, noting that Amazon, Google, and Facebook are terrified of the agent revolution and are making massive investments to adapt to the disruption of their business models.