Binance founder CZ said AI agents will likely outperform most human financial advisors — and that Binance has already deployed AI trading bots that operate within user-controlled risk parameters.
Speaking at Binance Online on May 13, CZ acknowledged the current risk profile of fully autonomous AI investing. "For agents to handle large amounts of money for you is right now a little bit risky because AI is so new. They don't have a lot of guardrails around them."
He pointed to a feature Binance has already shipped. "Binance already released some AI trading bots or agents, and they can work on a segregated wallet. So you can limit the amount of funds that the AI agents have access to. What I read online is the feedback is actually quite positive. People are able to use different agents to do different strategies."
CZ said the user experience shift is the most significant change. "This type of strategies, you don't have to code yourself anymore. You can just have a conversation as a prompt. So I advise people to try it."
He was direct on where AI will replace traditional finance professionals. "AI will be very good financial advisors. Many of us have financial advisors who are humans. But to be very frank, there are some really good ones, but the average financial advisor is not that great."
He explained the structural weakness of the existing advisor model. "They're just people who give you random advice — sort of random advice to get you to buy stuff. The advice is generic. It's not individually tailored. They don't understand your background. They don't understand a lot about you. So I think agents will be much better on those fronts."