Turns out Dead Internet Theory was right: AI agents are eating the Web, growing by nearly 8,000% and rewiring the Internet’s business model

Bots now appear to outnumber humans online—security firms like Cloudflare and Thales report bot traffic above 50%, though exact timing and measurement vary.
A surge in agentic AI (bots that click, fill forms, use APIs) is pushing companies to build agent-first APIs and CLIs, and developers increasingly worry about unauthorized agent access.
The shift is already skewing analytics and ad models (bot detection is imperfect), and while agent-driven economic activity is growing, payments and liability issues still limit its full impact.