Hello, Reader.
Tom Yeung here with today’s Smart Money.
Two weeks ago, Canadian hydrologist Darri Eythorsson reported that he had built an AI trading platform in just six days.
“I am telling you this because it terrifies me,” he wrote in a widely viewed opinion piece on Bloomberg. “I have a Ph.D. in Arctic environmental science. I have never traded anything in my life.”
By using Anthropic’s Claude Code, Eythorsson had vibe-coded a system that “five years ago, would have been the core intellectual property of a funded fintech startup with a team of eight.” The platform takes news from RSS feeds, web searches, Reddit, and Twitter, and then trades that information on three financial exchanges.
