Crypto trading is 24/7, without borders, and it happens across a dizzying range of assets and markets. Even in the pre-AI status quo, humans struggle to keep pace with the always-on casino. That will get harder. Quant and algorithm-fueled trading “bots” have existed for years, of course, but they’ll get exponentially better. This could be lucrative for those who use them, death for those who don’t. The millions of “retail traders” could get squeezed. “AI is going to be the enemy of the stubborn-minded,” says Ahmed. “If a trader does not want to use [AI] and wants to do everything manually, they’re going to get left behind.”
Related posts
-
crypto will get positive regulation ‘no matter who wins’ election
Galaxy Digital founder and CEO Mike Novogratz told CNBC’s ‘Squawk Box’ on Tuesday that the US... -
Sony Group Planning Launch of Crypto Exchange With Acquisition of Amber Japan: Report
Japanese conglomerate and consumer electronics giant Sony Group is reportedly preparing to unveil a crypto exchange... -
Latam Insights Encore: The Bolivian Opportunity for Crypto After Its Unbanning
Welcome To Latam Insights Encore, a deep view of...