Could AI agents become better traders than humans—and what happens when “decision-making” gets outsourced to software that can act at machine speed?

In this conversation, we go deep with Saad Naja, founder of PIP World, on the rise of AI agent auto-traders: multi-agent “swarms” that resemble a miniature trading desk—specialist analysts feeding into an AI “portfolio manager” that can decide whether to buy, sell, or hold. Even if you’ve never day traded, finance may be one of the clearest real-world testbeds for autonomous agents—because markets keep score in real time.

Key moments

• [00:02:00] How AI has quietly shaped trading for decades—long before ChatGPT
• [00:05:00] Why retail traders lose so consistently: data disadvantage + execution problems
• [00:10:00] What’s changed with generative AI: analysis that used to take teams can now happen fast
• [00:12:00] Why “AI swarms” differ from old-school trading bots (context, coordination, and specialization)
• [00:17:00] The “trading desk in software” model: specialist agents + a chief decision-maker
• [00:21:00] How PIP World trained and tested models—and why win-rate isn’t the whole story
• [00:26:00] Why they launched in simulation first—and what it reveals about performance
• [00:30:00] How agents trade differently than humans (patience, confirmation, discipline)
• [00:37:00] Hallucinations, guardrails, and why specialization reduces “AI going rogue” risk
• [00:40:00] The endgame: “agent vs. agent” markets, shrinking edges, and the data arms race
• [00:45:00] A 5-year prediction: how much trading could become fully agentic
• [00:47:00] Why crypto/DeFi is a natural early proving ground—and how TradFi could follow

What you’ll hear us explore

• The difference between traditional algo trading (single-strategy rule sets) and agentic systems (multiple specialized “analysts” + a coordinating decision layer)
• Why most retail traders aren’t necessarily wrong on ideas—but lose on execution and risk management
• How “edge” shifts when everyone has access to powerful models: data quality, workflows, and strategy selection
• What finance teaches us about the broader economy as agents move from “assistants” to “actors”

If you’re curious about autonomous agents—whether you trade or not—this is a concrete, high-stakes preview of what “agentic work” could look like when the scoreboard is real.

Guest: Saad Naja, Founder, PIP World

Topics: AI agents, multi-agent swarms, algorithmic trading, market data, risk management, DeFi, agentic automation