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I think what will happen is that ordinary people will invest in a mutual fund managed by AI and/or the funds people already invest in will start adopting AI-too
by im3w1l 1y ago
I think what will happen is that ordinary people will invest in a mutual fund managed by AI and/or the funds people already invest in will start adopting AI-tooling.
I think this scenario is plausible because the path to this scenario is so smooth so it will be the default outcome unless something strange happens to prevent it.
- SketchySeaBeast 1y agoI'm wondering what a market looks like where everyone is running an AI that makes the optimal purchases. The market needs bag holders. I also don't know that it would change my behaviour. If my goal is long term investment success what's the downside of my continuing to invest in broad market funds? I don't need an AI making split second decisions if my investment horizon is still 30 years.
- im3w1l 1y agoWild guess, but I think trading activity goes down. AI focuses instead on which equity issuances to participate in.