Are they still having humans input the commands after review though? I'm waiting for full on AI automation of stock portfolios and how badly they could react to some type of systemic factor in the market no one planned for (i.e. another crisis of capital).
I'm pretty sure that has already happened. IIRC there was at least one time when trading was halted due to the HFT algorithms going berzerk and costing billions in losses in some sort of spiraling war.
Have you heard of Renaissance Technologies? they bought Trump and Clinton in 2016.
Are they still having humans input the commands after review though? I'm waiting for full on AI automation of stock portfolios and how badly they could react to some type of systemic factor in the market no one planned for (i.e. another crisis of capital).
I'm pretty sure that has already happened. IIRC there was at least one time when trading was halted due to the HFT algorithms going berzerk and costing billions in losses in some sort of spiraling war.