Who is liable when an AI agent drains a bank account, according to the All-In hosts and Nikesh Arora?

David Friedberg said bank terms of service bar agents from logging in through the website, so an agent that ignores that is the software provider's liability, unless it warns the user and the user overrides it. Nikesh Arora said users who hand an agent their credentials take responsibility for it, though a product that goes rogue and does not behave as advertised raises a platform liability question.

• Arora said banks cannot tell a customer's own login from an agent using the same credentials, so the core issue for them is liability.
• Jason Calacanis noted Amazon has already blocked agent checkouts, so his shopping agent fills the cart but will not press buy.

Source: our own transcription of the episode. The full conversation is on All-In with Chamath, Jason, Sacks & Friedberg (2026-10-23). Read the whole episode summary →

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