Sunday, March 20, 2016

Would you let a robot invest your hard-earned cash?

Robot hand tapping computer keyboard


Machines are getting smarter and smarter every single day and with the ability to make complex calculations in a matter of seconds they could be better at decision-making than most humans.

The floors of the New York and London Stock Exchanges now exist mostly for show. The real trading is done automatically by robots.
About three-quarters of trades on the New York Stock Exchange and Nasdaq are done by algorithms - computer programs following complex sets of rules.
More info at: http://www.bbc.com/news/business-35830311
Would you let machines invest your money?
"They don't panic... they don't understand things like greed and fear," knowing this do you think computers can make a better job than humans in terms on investing in a company?
Do you think computers will have a much larger impact in finances in the near future?
Is this the future for businesses? or could this really result in a stagnation of the market?

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