4min chapter

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Agustin Lebron - Trading, Crypto, and Adverse Selection

Dwarkesh Podcast

CHAPTER

Are There Going to Be Inefficiencies in the Market?

Finance or market making trading in general is a, it's very labor intensive. At what point can that even get automated away, not just like the rote calculations? Yes, it's already getting and gottenlike, more efficient. This is all stuff that you can do now that maybe you couldn't do 20 years ago. That will definiely happen. But if we think of a i more broadly as a slowly but surely increasing the range of things that things that machines can do that humans can do, then  the human part is going to slowly start to get disappeared away.

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