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Hedge fund founder Brian Kelly reduced operating costs from $5 million to $30,000-$40,000, a drop of over 99%, by utilizing AI agents.
Kelly's hedge fund, Bracket22, utilizes AI agents to replace traditional employees, covering cryptocurrency, stock, and commodity trading. He estimates that the annual expenditure for AI agents and computing power is only $30,000 to $40,000, whereas his previous crypto hedge fund incurred annual costs of approximately $5 million. Kelly stated that AI agents have enhanced productivity and enable 24/7 strategy testing. However, the fund has not yet disclosed its investment returns, making it impossible to confirm the AI agents' performance in generating alpha.
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Disclaimer: This content reflects the author's personal views only and does not constitute investment advice.
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