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> This kind of activity doesn't create value or even, to my knowledge, liquidity. It does both, the latter by more efficiently communicating price information
by wyager 10y ago
> This kind of activity doesn't create value or even, to my knowledge, liquidity.
It does both, the latter by more efficiently communicating price information and incorporating future events into asset prices. More accurate AI traders absorb risk, which is good for the production economy.