todayonchain.com

‘AI agents will take jobs’ as crypto leads next wave of automated trading, exec says

CoinDesk
A Nasdaq executive believes AI agents will displace many jobs as crypto trading adopts automated decision-making.

Summary

Pranav Ramesh, Head of Options Research at Nasdaq and co-founder of Leadpoet, observes that crypto trading platforms are poised to aggressively adopt AI agents for both internal operations and retail tools, potentially leading the charge in retail trading automation. He notes that Nasdaq already uses AI agents in surveillance, compliance, and market microstructure analysis, citing the Dynamic M-ELO order type as an example of SEC-approved AI integration. Ramesh is candid that AI agents will replace significant human labor, particularly in lower-level software, customer service, and analyst roles, a trend already visible through layoffs at companies like Crypto.com and Block. However, he envisions a model where agents handle most workflows, but humans remain the final checkpoint for approval, rather than full autonomy. His startup, Leadpoet, focuses on AI-powered lead qualification, utilizing decentralized networks like Bittensor to improve models faster.

(Source:CoinDesk)