Markets Daily Crypto Roundup

Crypto Update | How Will AI Agents Impact Crypto Trading?

Dec 3, 2024
Humayun Sheikh, Founder and CEO of Fetch.ai and chairman of the ASI Alliance, dives into the transformative role of AI in crypto trading. He discusses how AI agents are autonomously managing assets in decentralized finance, unlocking both opportunities and challenges. The conversation highlights the importance of user oversight to mitigate risks. Sheikh also introduces ASI Train, a new initiative for specialized AI models. Ethical considerations in AI development are emphasized, advocating for a collaboration between technology and human intuition.
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INSIGHT

AI and Crypto Synergy

  • AI is well-suited for crypto due to decentralization and data ownership.
  • Digital currency facilitates AI-to-AI microtransactions.
ADVICE

AI Agents for Trading

  • Employ AI agents for peer-to-peer trading, enhancing control and mitigating rug pulls and market manipulation.
  • Consider agent-based infrastructure like Fetch.ai for this purpose.
INSIGHT

DeSci and Funding Models

  • Decentralized Science (DeSci) will revolutionize research funding and accelerate discoveries using AI.
  • Crypto users can own parts of these AI models, creating a new funding model.
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