Could 'trading bots' powered by AI change the investing landscape?
You will be inundated with promises to let artificial intelligence manage your money if you search for "AI investing" online. Many make the clear claim that they can provide profitable returns. Your capital, however, may be at risk, as every respectable financial institution cautions. Despite the hazards, some investors are eager to delegate decision-making to AI. According to Stuart Duff, a business psychologist at Pearn Kandola, some people have a higher level of trust in computers than others.