Bye buy brokers...
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Thread: Bye buy brokers...

  1. #1
    Senior Member
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    Mar 2012
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    Bye buy brokers...

    Before the death of cars, these guys are claiming AI will revolutionize the banking industry. Considering how hard it is to get a loan when you actually need one, how hard can it be for a programmer to have computers say "No"?

    On the trading front, this will take high speed trading to a whole new level. Break the algorithm and win millions of dollars as the AI goes into meltdown.

    https://qz.com/984709/kai-fu-lee-a-f...-intelligence/

    I'm not JustAGuy (without spaces), or Donald, or <insert name here>.

  2. #2
    Senior Member sags's Avatar
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    May 2010
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    Investing relies on two sides to a trade. What happens when AI puts everyone always on the same side ?
    Someone planted a tree a long time ago so I can sit in the shade.

  3. #3
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    Assets are priced more efficiently and capital is better allocated to productive uses. Win/win!

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  5. #4
    Senior Member tygrus's Avatar
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    IMO the market needs a dose of sanity and calmness. Maybe AI can overrule the emotion and settle that place down.


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