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I think this will happen but the article talks about robots replacing humans because of how great they are and then mentions unimpressive results. Maybe it's a

I think this will happen but the article talks about robots replacing humans because of how great they are and then mentions unimpressive results. Maybe it's a wash but the robots win because they don't take 20 pct of profits. So they replace jobs but aren't as amazing as they tout. Still seems that over any length of time, one should just go with index funds.

jldugger 9y ago
Which is itself a form of algorithmic investing.
__derek__ 9y ago
> the article talks about robots replacing humans because of how great they are and then mentions unimpressive results True, but Yahoo! was still dominant for a while after search engines came on the scenes. There's always some lag, but trading is a lot more like searching the web than like driving a car. > Still seems that over any length of time, one should just go with index funds. Right now, those index funds are managed by humans based on indices built by humans. I reckon that they also have the potential to be cheaper when completely automated.