Gambling on Wall Street with AI Robots
Exclusive scoop, developing press report. Most trading is now AI directed, the bottom line of the Western World's economy, is now being directed by AI bots.
Algos and computers to send alerts to traders go back to the 1970s.
By 2001, most stock, bond and derivative orders on wall street, totalling more than $100 trillion per year (more than 5x the size of the US economy per year), was triggered by computer alerts from algo’s, computer programs.
Now, 2022, most trading on wall street is being done by programs…
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