Hannah Aaron Lang
👤 SpeakerAppearances Over Time
Podcast Appearances
So, for example, this agent could be programmed or instructed to buy those protective puts whenever oil spikes, or it could sweep cash into a higher yielding asset whenever you have an excess amount in there.
So for a while, kind of individual investors or retail traders, as we might call them, as you're thinking about managing your portfolio, there's a certain amount of time that you have to spend if you're actively managing your investments, kind of watching the market and timing your trades.
So let's take the example of the market that we're in right now.
Maybe if the price of oil spikes, you want to buy protective put options for your portfolio to hedge that risk.
You maybe want to watch other market moves just to be sure that you're hitting buy or sell at the right time.
And that kind of requires you to be at your desk watching what the markets are doing.
What's new about this AI agent that public is rolling out, it's supposed to eventually eliminate the need to enter markets.
manual orders so for example this ai agent could be programmed or instructed to buy those protective puts whenever oil spikes or it could sweep cash into a higher yielding asset whenever you have an excess amount in there or it could even slap a stop loss order on every single trade that you place so you know automatically you're limiting your losses for any particular security you buy
So I think that these are things that in the past, traders have had to enter manually.
And the idea is that you could have kind of a litany of different AI agents managing and keeping an eye on different parts of your portfolio.
Publicate is to a relatively sophisticated clientele when it comes to investing.
So these are folks who understand how the market works.
They probably have decent sized portfolios.
But public is also trying to maybe lure those clients from other platforms, maybe a Webull or a Robinhood or a Betterment, these kind of different digital investing platforms.
Brokerages are racing to roll out
these different AI tools.
This is something that Robinhood and brokerages like eToro already offer in some capacity to investors trading on their platform.