Is AI going to arb away all market inefficiencies? Hacker News by quarkhole 2 votes 1 karma 24m ago Read More ↗ Source
comments (1)
Buy and sell orders move the market.
Each transaction swaps risk for reward between 2 parties.
Are humans going to stop transacting with each other ? No.
Haven't we been using computers to conduct the transactions for decades now ? Yes.
So, what fundamental property of the markets has AI changed ?
I see more market participants.
I see the same groups of winners and losers.
The dedicated professionals versus the tourists, and this is true for any industry.
The weapons have changed, the people haven't.
Kevin_Flynn