Tom Carreras is a markets reporter for CoinDesk. He holds BTC, ETH and SOL above CoinDesk's disclosure threshold of $1,000.
The firm relies on a trio of AIs — ChatGPT, Claude and Gemini — and implements their decisions, even if they sound counter-intuitive.There’s a $30 million fund that, for all intents and purposes, leaves all investment decisions to be made by artificial intelligence .
“In the bull case — which was a Trump win and a more favorable regulatory environment — AI saw that bitcoin could maybe go to $140,000,” Clinton said. “Maybe that's the scenario we're working toward right now.”A lot of firms now use AI to enhance human processes, to help analysts process data and think in different ways. But Clinton’s method is to give responsibility to the AI trio, and stay out of its way as much as possible when it comes to investment decisions.
The triumvirate then produces a portfolio, which a human must double-check to make sure there aren’t any “hallucinations,” in Clinton’s words. For example, the AI may accidentally include a stock that was recently acquired, or the stock of a company with a small market cap. It often happens for the AIs to disagree. And their way of thinking changes as updates get rolled out. “It used to be the case that Claude was the most contrarian model in terms of the outputs, when we first started testing,” Clinton said. “Now I would say it’s ChatGPT.” And while Clinton has tested other AIs such as Grok or Lama AI, keeping the investment committee down to three AIs has proved to be the most efficient set-up.
“AI has been, at least so far, really good at seeing forward,” Clinton said. “Right before we launched, it made a big bet on Asian stocks, specifically Chinese stocks, and that was right before in September and said that China was his biggest bet, that they were bringing out the bazooka for stimulus. And you know, Chinese stocks went crazy.”
United States Latest News, United States Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
"Bitcoin Is Going Ballistic", Michael Saylor Says As BTC Holds Above $90,000Bitcoin patriarch Saylor issues a bullish message as Bitcoin maintains recently conquered positions
Read more »
Bitcoin Fork Bitcoin Cash (BCH) Activates Major Upgrade: DetailsBitcoin fork Bitcoin Cash enhances capabilities with major upgrade activated
Read more »
Crucial Bitcoin (BTC) Buy Warning Issued by Samson MowMajor Bitcoin supporter Samson Mow names Bitcoin price level after which things will go much faster
Read more »
Samson Mow on Rapid Bitcoin Surge: "This Time It's Different"Bitcoin maximalist Samson Mow made an ultra-bullish comment on Bitcoin’s recent rapid surge
Read more »
$1 Billion in 24 Hours: BlackRock's Bitcoin ETF Breaks RecordsBitcoin ETF by BlackRock smashes epic $1 billion milestone amid Bitcoin price all-time high hype
Read more »
'Rich Dad Poor Dad' Author Reveals His Bitcoin Holdings and Plans to Buy More BTCMajor Bitcoin investor Kiyosaki commits to buying more Bitcoin regardless of price
Read more »