Is AI a Threat to Crypto Traders?

Ojeniyi Ayobami Abimbola
2 min readJun 7, 2024

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AI still write buggy codes. I see people bashing ChatGPT-4.0

But wait.

Do you know that;

Google laid off 30,000 workers, many of whom are programmers.

Amazon and other tech giants laid off a total of 250,000 employees.

What is their excuse? Same answer, it is AI innovation. Please don’t take my word for it, do your research.

Wikipedia laid off more employees because they have trained AI that can handle repetitive jobs effectively and effortlessly.

India tested the first humanoid AI-powered robot that can teach in school. It understands human emotions, has access to more knowledge than any individual teacher, and speaks multiple languages ensuring that no kid is left behind as a result of a language barrier.

Photo by Yomex Owo on Unsplash

School teachers feel threatened now:)

Suppose people argue that AI cannot write good codes. My question is; how old is ChatGPT?

Let’s give it some time to learn. By the time it is 18 years old, we can revisit this topic😁.

We need to accept the reality that AI will render some jobs useless. Or replace 90% of those who are doing the job currently.

You have 3 options;

1. Think of how AI can improve your efficiency

2. Build an AI and sell it like OpenAI

3. Focus on jobs that would be difficult for AI to do in the next 10–20 years

If you snooze laidis, there is fire on the mountain. This is the fire that Ásà is talking about in her album😅. Mummy has seen the future.

Right now, AI can sing like Ásà but nobody will pay a gate fee to watch AI sing like her, at least for now. Do you get the drift?

Think of the real estate business. At least, AI never dey sell land for now.

Think of jobs like nursing and medicine. I cannot allow humanoid AI to work on my body sha.

Think of perennial crops like Cocoa, Palm, Rubber, and so on. AI cannot feed us for now, na we go still feed ourselves.

Think of the sports business, medical business, and so on.

Abimbola is into financial market trading, why is he talking like this??

Me: I always tell my guys, that crypto and forex trading is a means to an end, not an end.

You don’t want to spend your entire life pressing your phone and doing analysis on a PC.

Once you have some decent cash flow, pivot to an industry that gives ROI that can beat inflation.

If you must remain in the financial market, make sure you own Crypto exchange or forex brokerage. Build a crypto product that millions are willing to use.

You can build a business or invest in a business.

End of my Crypto Tedtalk.

Stay awesome. I love you❤️

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Ojeniyi Ayobami Abimbola
Ojeniyi Ayobami Abimbola

Written by Ojeniyi Ayobami Abimbola

Blockchain content creator, full-time cryptocurrency trader and author of ‘Remote Crypto Job Is Waiting for You.’ Social Media Director at Althash University.

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