Study finds most AI crypto trading agents aren't really trading

AI crypto trading is a facade. Despite the hype, most "agents" don't even trade autonomously, and developers admit LLMs can’t trade effectively alone. The result? Users lost $191.7 million while the top 1% of wallets siphoned off 81% of all gains. We’re being sold a revolution that’s actually just a high-tech wealth transfer to the elite. Is AI trading a legitimate financial tool, or is it just a sophisticated trap for retail? Do you think these platforms are actually useful?
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