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Patrick McKenzie

Patrick McKenzie

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Advisor to Stripe; payments and banking technology

Future Careers Favor LLM‑Driven Specialists Over Traditional Paths
Social•Mar 9, 2026

Future Careers Favor LLM‑Driven Specialists Over Traditional Paths

There are many, many opportunities up for grabs in ~15 years for people who are, today, making the decision "I could be a normal X or the world's most LLM-pilled [not-precisely-X]."

By Patrick McKenzie
Early Draft Review Uncovers Fresh Views
Social•Mar 5, 2026

Early Draft Review Uncovers Fresh Views

Complex Systems this week is a tiny experiment: I did a read of a work-in-progress essay rather than the finished version with author's commentary. It's about secondary authentication/authorization, particularly for payments.

By Patrick McKenzie
Anti-Fraud Measures Often Backfire, Despite Regulator Assurances
Social•Feb 27, 2026

Anti-Fraud Measures Often Backfire, Despite Regulator Assurances

This genre of unintended consequence is fairly frequent in anti-fraud implementations, and when you tell regulators/legislators that, they say obviously it won’t happen because businesses would lose money. (I have no knowledge of this specific purchasing pathway.)

By Patrick McKenzie
Internet Economy Outpaces Overall Growth, Becomes Primary Engine
Social•Feb 24, 2026

Internet Economy Outpaces Overall Growth, Becomes Primary Engine

Stripe’s annual letter is out: https://t.co/N0TpoPbs6T The biggest highlight is relatively consistent every year: the Internet economy is growing faster than the rest of the economy. This has compounded for enough years that it is essentially _the_ growth engine in places.

By Patrick McKenzie
Agents Likely Use Any API, Not Specific Rails
Social•Feb 23, 2026

Agents Likely Use Any API, Not Specific Rails

I sometimes get asked whether I expect agents paying each other to use stablecoins. I certainly expect them to call a remote API backed by a database, but wonder why they would have strong preferences on which payment rail to use.

By Patrick McKenzie

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