Wednesday, December 18, 2024
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10 Ways Crypto and AI Can Make Each Other Better (or Maybe Worse)

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.”

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