A prediction circulating in the crypto sector describes a future in which large hedge funds operate almost entirely through AI agents onchain, without traditional offices or high-profile portfolio managers. The model envisions capital allocated across strategy-specific agents handling functions such as relative-value bond trading, equity arbitrage, and long-short investing through DeFi liquidity venues. The thesis argues that replacing human-managed trading pods with autonomous agents could cut capital allocation costs by roughly 90%. It also claims AI could absorb core fund functions including risk management, compliance, and capital raising, extending the model beyond hedge funds to the broader asset management industry.