Bitcoin Going to $140K Says Trio of AIs Managing $30M Investment Fund
Briefly

"Some of the AI's best calls have been shorts," Clinton told CoinDesk in an interview. "It was short on Boeing earlier this year, before that door blew off the 737 MAX. And AI was actually short on the stock for that reason - because it thought there would be quality issues with the plane."
While the firm has focused on traditional finance so far and mostly kept away from crypto, Clinton said he started experimenting with bitcoin (BTC) specifically in the last five months. The objective: for AI to set useful targets to trade the world's top cryptocurrency.
"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. 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.
Read at Coindesk
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