AI Agents Could Wipe Out $1.4 Trillion in Wall Street Fees, Sharplink CEO Says
SharpLink CEO Joseph Chalom projected on Wednesday that AI agents could reshape fee competition across global finance. His forecast put annual investor savings at $1.4 trillion by 2035 and said more than $1 trillion in financial-services revenue could become contestable by 2030, rising to $4 trillion by 2035.
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Investors and firms across global finance would notice this as a forecast that fee pressure could intensify over the next decade. The detail that the model spans 10 financial verticals suggests the projection is not limited to one corner of the industry, and it is tied to a Wednesday post from Joseph Chalom.
In practice, the figures imply a shift in what revenue pools could be up for competition by 2030 and 2035, while the model still leaves the current fee structure in place today. The revenue estimates are framed as contestable amounts, not as a statement that those sums have already moved.
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