AI agents crossing $2B market cap while legal systems remain silent on personhood is the primary signal—this drives COT-AGI positioning as autonomous economic actors outpace regulatory recognition. TSMC's 3nm Kumamoto deployment and Samsung's HBM4 mass production net out: memory becomes the binding constraint for agent scaling, not compute. Unitree's self-assembling robots demonstrate hardware autonomy racing past AI cognition, shifting the bottleneck from model weights to physical instantiation. Watch whether agent infrastructure pricing toward commodity settlement (on-chain vs. model licensing) sustains or collapses under security surface area growth tied to autonomous decision-making.