Marc Andreessen’s crypto-trading AI breakthrough is human-operated
A new platform modeled after the degenerate Solana meme coin platform Pump.fun has the crypto community buzzing about the dawn of AI-managed hedge funds. In reality, humans are behind everything, including its first proof-of-concept: the purposefully misspelled ai16z fund endorsed by a real co-founder of a16z. Analogous to greenwashing adding a veneer of ecological responsibility to an organization’s public image, AI-washing is spraying crypto projects with superficial sophistication. Although AI-branded altcoins have proliferated for months, this month’s debut of AI crypto trading funds suggests the trend is far from over. Truth_Terminal kicked off this latest iteration of AI-washed marketing. Its owner kept his human decision-making quiet as he and venture capitalist Marc Andreessen encouraged public celebration of his non-existent AI-managed trades. Spotting success in misleading the public about the supposed advent of market-beating AI traders, Andreessen has now...