Artificial Intelligence (AI) chess gamers and poker players have already proven they could beat human masters. What’s to stop AI from doing the same with financial markets? What happens when AI becomes a portfolio player?

To some extent, it already has, even though investment success relies strongly on human interactions. In fact, very few industries depend on employees’ decisions as much as the financial markets. With AI, are these human decisions being overwritten by machine learning?

The reality is that “algorithm trading” has already impinged the market, exacerbating the exclusive Down Jones plummet of 700 points in 20 minutes back in February 2018. Traders and analysts agreed that the growing speed of algorithm trading models and automated sell orders impacted the collapse that day.

There are many positive roles that AI can play in the financial industry. AI algorithms can reduce risk, detect and manage fraud, improve operational efficiencies, and deliver improved customer services

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Will Artificial Intelligence Replace Portfolio Managers in The Financial Industry?
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