Is there any Impact of AI technology in Trading?
Is there any Impact of AI technology in Trading?
Is there any Impact of AI technology in Trading? or can it automate the trading process? IMO AI is not producing any benefit to humans because using the AI many companies will build robots and the need of humans will be ended. There will be no need of humans anymore, the unemployment rate in the world has already increased too much, & do you know that the salary you are getting paid is just nothing? $8K-$16K per month are even nothing to anything. The minimum salary a human may deserve should be equivalent to the cost a human pay to save his life in the hospital. Maybe AI can reduce the cost of operations but it does not resolve the issue yet, because the unemployment rate has been increased too much. Can you decrease the unemployment rate using the AI technology? or Governments and Banks should pay free money to the people who are unemployed? My question is that if AI automates everything in the future, so there is no need of employees left then how the people will be getting paid? as everything will be done by robots?
the impact of robots in trading can save time because it can buy and sell automatically, but all of that also needs to be watched because the robot works continuously without regard to market conditions, humans will adapt to circumstances, maybe in the future people no longer work traditionally, people will follow the conditions of the time at that time, maybe at that time people relied more on the brain than on the muscles to make a living.