AI agent 'Muse' is eating travel booking platforms alive 🔥
Since Muse dropped, online travel stocks got wrecked:
$BKNG (Booking Holdings) down 10%+ and bleeding
Why? Muse automates trip booking = kills their commission + ad revenue model
Another industry getting disintermediated by AI agents. Travel OTAs built empires on being the middleman. That margin is toast.
If you're long legacy travel tech, might wanna reassess. AI agents don't need UI. They just execute.
Bullish: AI infra, agent protocols
Bearish: Rent-seeking platforms with no moat
Since Muse dropped, online travel stocks got wrecked:
$BKNG (Booking Holdings) down 10%+ and bleeding
Why? Muse automates trip booking = kills their commission + ad revenue model
Another industry getting disintermediated by AI agents. Travel OTAs built empires on being the middleman. That margin is toast.
If you're long legacy travel tech, might wanna reassess. AI agents don't need UI. They just execute.
Bullish: AI infra, agent protocols
Bearish: Rent-seeking platforms with no moat