Could AI 'trading bots' transform the world of investing? | BBC News

[@walterppk1989]

Algorithmic trading is one of the oldest large scale applications of machine learning. This report would have been timely around 2005

[@nickfenn]

I don’t get why they’re making it sound new 😅😅😅

[@joshyman221]

Yeah haha

[@Plebs_]

I guess they go on the assumption that the viewer knows nothing

[@cooltrades7469]

That;s different than AI . And algorithmic trading works only if fine tunned so it;s still depending on the human factor, as market conditions change constantly.. This does not yet mean that A.I , will work by itslef but could become a tool in any trader;s toolbox.

[@cooltrades7469]

@@Plebs_ Because you don't ...actually :)))

[@ngrader]

7:35 Let's get one thing straight here. It's not AI that's going to cause the next financial crash, it's going to be the same thing it always is. Human greed. Cars don't kill people, people kill people.

[@metalicminer6231]

Penny chew controlled financial system, only the plebs will lose out.

[@califomia]

Let's get another thing straight. Dropping a rock off the bridge isn't what killed the driver, it's gravity, just like it always has been.

[@OscarBarnaby3k]

I am at the beginning of my "investment journey", planning to put 85K into dividend stocks so that I will be making up to 30% per year in dividend returns. Any advice?

[@MatthewAidan4ns]

Investing without proper guidance can lead to mistakes and losses. I've learned this from my own experience.If you're new to investing or don't have much time, it's best to get advice from an expert.

[@NikolasMartine01]

The issue is people have the "I want to do it myself mentality" but not equipped enough for a crash, hence get burnt. Ideally, advisors are reps for investing jobs, and at first-hand encounter, my portfolio has yielded over 300% since 2020 just after the pandemic to date.

[@AgnesHarperq3x]

Glad to have stumbled on this comment, Please who is the consultant that assist you and if you don't mind, how do I get in touch with them?

[@NikolasMartine01]

My CFA NICOLE ANASTASIA PLUMLEE a renowned figure in her line of work. I recommend researching her credentials further... She has many years of experience and is a valuable resource for anyone looking to navigate the financial market..

[@AgnesHarperq3x]

I just googled her and I'm really impressed with her credentials; I reached out to her since I need all the assistance I can get. I just scheduled a caII.

[@EliteClass-o8q]

She, said..."the united States doesn't like to sign anything that has human rights in the title". That's so true.

[@ragoflex]

My brother in Christ…AI / algorithms / quants have been running trading on financial markets for decades lol. This would be like a segment in 2024 worrying about whether autopilot should fly planes.

[@jacksonlucas5933]

The fin-Market;s have underperformed the U.S. economy as fear of inflation hammers the prices of stock;s and bonds. My portfoliio of $750k is down to $592k any recommendation;s to scale up my return;s during this crash will be highly appreciated.

[@Emily24338]

You have to get a financial-advisor/broker to aid you diversify your portfolios to include commodities, inflation-indexed bonds and stocks of companies with solid cash flows, as opposed to growth stocks where valuations were valuations were based on future potentials earnings.

[@Henrydonald1]

I agree, I've been in constant touch with a Financial Analyst for approximately 8 months. You know, these days it's really easy to buy into trending stocks, but the task is determining when to sell or hold. That's where my manager comes in, to help me with entry and exit points , I've accrued over $550k from an initially stagnant reserve of $150K all within 14months.

[@Maryconnell256]

Please can you leave the info of your investment advisor here? I’m in dire need for one

[@Henrydonald1]

Sure, the investment-advisor that guides me is..

[@Henrydonald1]

Mrs Lee Wallace Stacey.

[@coastcity7029]

My guess is, within the next 20 years, an AI system will become so advanced and powerful that some people will begin to worship it

[@DhruvaDevOnline]

Cult Mechanicus, Im already ready, it will be much better than the medival folklore we've been clinging onto for so long.

[@radomu1]

Stephanie Hare is a real hoot!

[@BarefootTravelsandWine]

Solid reporting. Well researched and discussed.

[@tacorevenge87]

Simp

[@ryanellison4884]

“Banks or financial firms shouldn’t be touching this stuff” LOL

[@uvojokazi1233]

Exactly

[@1969kodiakbear]

Good. I have difficulty communicating because I had a stroke in Broca’s area, the part of the brain that controls speech. 2/8/2021 but I lived again. (My wife helped me compose this.)

[@herbertgunibert6653]

So, she is Okay for AI to used in medical research but not financial (Investing) purpose.

[@marcc16]

Nice to see BBC bringing on someone so knowledgeable and objective to present an unbiased opinion on the matter.

[@manishk9746]

conversations like this will not affect AI and its progress. These people don’t understand AI is not software that u can stop or change as per sensibility. It’s coming embrace it or get fucked

[@Curt-0001]

Boooo. Heavily biased against AI. Stephanie this isn't pseudo science it's a new field and you're too daft to see it.

[@Nasiruify]

Sounds like a bad idea if not carefully moderated

[@cusodha1]

At the end AI will konow that holding stocks for long term makes most profit.

[@zomgoose]

It's like stock traders don't actually do anything of value...

[@TeeShongwe]

The stock market is essential in raising capital for the most important and useful companies in the world. There'd be no stock market without stock traders/quants etc.

[@TechSiyaad]

So, only Europe and the US are the international community creating AI rules! Everyone else should follow these rules otherwise they will get sanctioned.. Tech is now everywhere so if rules need to be applied to everyone, every country in the world should be consulted.

[@xaxaxfd]

yes they can

[@samsand1295]

when somebody has more confidence than knowledge

[@s.k.rmuskan9085]

What a amazing speaking skill and body language , I become fan of her .😮

[@carrotblog1746]

=)) they have done it since 1980s

[@metalicminer6231]

I thought the stock exchange was already rigged?

[@sushenbiswasD]

❤ I have algorithm and ML model to trade. ❤ If you have money I can help you making big money.❤ connect. ❤

[@jakel8627]

Warren Buffet: Who are you? Warren Buffet trading bot: I'm you, but stronger, smarter, richer, and eternal Warren Buffet: Well f***

[@srs.shashank]

It is about understanding the difference between algorithm trading and the buzz around gen. AI based chatbot for trading. Here the former has been used for few decades and is more interpretable than the latter as of now which will improve. Basically its an evolution than a revolution.

[@califomia]

AI is coming for everything and no one can stop it. You really don't want to be on the wrong side of change.

[@os2171]

Stephanie was great!

[@JeffHenry-cq3is]

Already have computers buying and selling

[@PepeCoinMania]

For decades

[@rodfer5406]

Yes

[@AlOfNorway]

She said AI can be wrong and make up things. Hmm, how is this any different from people? 😂

[@akshaypatil3462]

Investors are worried that AI could fabricate information is the sickest joke of humanity hahahah

[@Jefff72]

I think if AI was able to crack any code or decrypt pretty much anything, then this would set us back to using mechanical devices. I mean everything sensitive has to be under told fashioned lock and key. This is where I don't like the idea of a complete smart home.

[@teebone2157]

Wallstreet has been attempting to use AI for years without much sucess

[@James_Doyle83]

Knight rider and kraftwerk were ahead of their time with bots

[@sushenbiswasD]

❤ I have algorithm and ML model to trade. ❤ If you have money I can help you making big money.❤ connect. ❤

[@jayw6034]

Before chatgpt4 came out I never thought I would hear the phrase "the rogue AI couldn't be stopped" in my lifetime. I had to double check i wasn't on a parody channel, times are getting weird lol. Also, why the fuck did the BBC use the phrase the rogue AI couldn't be stopped? Lol that should be reserved for the sky net scenario.

[@behzadclan1790]

Imagine create an app in VP and connect that app with your AI hand to function. That would be a very good mix-up

[@volnaro]

I’m almost convinced that either a hedge fund or govt AI controls the market to the point where it shorts retail investors every time they purchase a stock.

[@James-y7i6d]

Algo trading has been there for a while

[@MangoLassiYT]

quants are punching air rn

[@facedust07]

people dont realize that this current era we live in will be the most significant , iconic and monumental time man has ever live through. This comment will be ancient and people in the future will read this because they will be searching the internet about the history of their modern futuristic technology and environment and how it all unfolded.

[@henasgd1566]

Those problem with AI is this kind of inteligence is ARTIFICIAL. It gathers information from internet very fast and pretend to be "INTELIGENT'

[@PepeCoinMania]

These people can’t mumble about that

[@jdtrading4465]

lol @@PepeCoinMania

[@tentimetex]

If everyone has access to the same AI, then you have no advantage over anyone else, which will already be reflected in the share price.

[@tiansu7607]

Wow this person is so comfortable talking about something they have no understanding of… I am always amazed by their arrogance…

[@sophiebuddle3106]

Love her accent

[@geezygee]

You know... this whole "rent a child to do an activity" thing is so cumbersome. At least Legoland has an adult day .. no child rentals needed.

[@caseynw]

Wait, is this the ONION????

[@alexandermoody1946]

The realisation that the big brother direction has no potential for the progression of intelligence, the quality of creativity always falls when coupled with fear. The internet has already been consumed by intelligence therefore new data could be created if we change our perspective.

[@Healthwise.]

wow i really like this women shes a realist

[@MrCoolbanna]

She intelligent and hot. She a baddy

[@MystifulHD]

ai is gonna end capitalism

[@NathanHarrison7]

I’d like to see more of her. She’s easy to listen to, fun, informative, has great illustrations which make her points easy to understand. Although she may seem bit arrogant. If anything stalls her career, it’s going to be people perceiving arrogance.

[@sarahs8634]

How many men in the public spotlight are indeed arrogant and it’s not viewed as a flaw but rather admired. People view them as powerful and in control, if she was a man would you still have judged and commented this way?

[@samsand1295]

generative ai's result is not coded output

[@darkspace5762]

Answer, no. Because trading is a zero-sum game and there's so much market manipulation. It doesn't matter what kind of trading bot it is, eventually you will lose everything.

[@olafvonbraun7300]

Stephanie was awesome🫶🏻. Funny, straight to the point without overdramatizing, yet urgently reminding. Please invite her again.

[@JiasenLiu]

This woman is the last person we need to educate us about technology.

[@RemainedAnonymous]

Interesting.

[@jerrodtham]

Banks and Financial Institutions used algorithms without Deep Learning technology. But with Deep Learning will make trading invisible. Very scary for retail traders who has no financial power to purchase or build this Deep Learning technology.

[@MrSimonw58]

There's a random series of wins and losses to any strategy

[@cooltrades7469]

;))))))

[@jaysonp9426]

Regulate it... you'll fall behind

[@public.public]

Giving AI control of the global markets... What could possibly go wrong?

[@chriscanadahello]

i don't mind Ai but as been working in client service for over 20 years i can tell you one thing and it's pretty simple, i can answer your issue way faster than Ai any day reason= i'm human and it's easier to listen to someone's issue and figure it out faster than any computer can, compluters aren't human and will never be, if you know what i mean than it simple, i can hear your voice and understand, anyway good luck with Ai and AGI and whatever is next, i'm still human, i will pee on the wifi network and it will be done, if i pee on your leg will you be done

[@retroworldnews]

:) in before those " guru selling their trading bots ".

[@harmanbawa19]

It will collapse financial institutions

[@justinleemiller]

Already happening

[@blj9793]

what happens if everyone starts using AI? Especially if AI is supervised, would the market no longer act "as expected"?

[@kennichi89]

One algo will beat another. Depends who has the better program.

[@mrc3432]

so yeah most of these are scams

[@pandabeijing2387]

Oh no crypto isn’t owned by the big banks, we desperately need more regulation 😂

[@Pixel.Riderr]

This lady’s on fire

[@tonywilson4713]

*ITS NOT IF BUT WHEN*

[@pi5549]

Why choose someone that is arrogant, opinionated and ignorant for your broadcast? I'd rather spend my time listening to GPT4. smh.

[@grahamfrans]

Drones are coming buzz buzz

[@DirtiestDeeds]

Maybe we shouldn't develop superhuman AI that will inevitably treat humans like plants?

[@MrBoliao98]

Trading never worked, and these bots sent to outsmart the system doesnt work.

[@joebloggsgogglebox]

Humans make mistakes in financial decisions & trading, we just need to ensure that the AI makes fewer mistakes than humans on average. We should not expect perfection from our AI's, and if more decisions are made by AI's we would expect to see more mistakes from them (but less than we would have got if all decisions were made by humans).

[@maloukemallouke9735]

High frequency Trading it's already a Bot ai of trading (James simons Aladin ) work on it

[@teebone2157]

It's pattern recognition

[@billnorblat4047]

What an absolute hellscape we've created for ourselves. This is not beneficial to humanity when utilized in this fashion.

[@stequality]

Not designed to benefit humanity

[@kalpanar6846]

Let AI invest and let it to be surviving in this word. Oh" human please move aside... the world got its new species.

[@leovlogslife]

Computer says 'No'

[@boeingpameesha9550]

My sincere thanks for sharing it.

[@CindySorenson-r4m]

Oh sure, what could possibly go wrong this time?

[@dymarnofficial7592]

That host reporter looks familiar. I reckon I saw him in one video in a website I visited last night 😏

[@nishantb80]

The goal of financial markets was to create wealth and prosperity, so companies could use money to create products. This inturn should have lead to better quality of life for humans. AI needs to be seriously regulated. It can really cause devastating situations, especially in financial markets. However, nothing much will happen until people just start withdrawing from the markets, and push wealth to tangible assets.Why wait for a market breakdown? History proves that humans are greedy !! AI companies should be taxed much higher in order to curb disparity, other than the ones that are involved in healthcare and food production !!

[@DUDIDUAN]

Is that how AI related stocks all went to moon?😂

[@wm69]

can't wait to see the time where expert advisor or algorithmic trading is applying AI instead of stick to a set of 'solid rule' for trade.

[@The-Best-Version-Of-You]

Jim Simmons company Renaissance has been doing this for years. This isn’t new

[@carenjabel988]

you cannot kill a goose that lays golden egg new learned

[@NewYork7914]

Humans can make mistakenly give wrong information and advice mistakenly. Having said that, AI can trade at least the same level as human traders.

[@cattradingbot]

Yes great.❤

[@evanstential]

so ALL the problems the corporations created are to be solved by AI created by corporations, huh?

[@sushenbiswasD]

❤ I have algorithm and ML model to trade. ❤ If you have money I can help you making big money.❤ connect. ❤

[@quotia5457]

Chic is uber attractive!!!

[@ericsynchrona5495]

he means to say "Ai Capitalism" and how trading bots transform the world of capitalism.

[@chome4]

So, Stephanie has rebranded herself to take advantage of AI!

[@MultiMojo]

AI is going to be the biggest job creator for talking heads on TV for the next decade. Not a day will go by where we won't hear about the perils of AI and the need for government to save us all.

[@mkkiani-tech]

Another post office scandal in the making, this time across the world, methinks!

[@johnniep1]

great sigment of negitive A.i. attitude "we're all doooomed Mr Mannering"

[@wazgood100]

This is why no great tech companies come out of Europe… Because they “Lead” in over regulation! I say let them continue “Leading” and we here in America will keep leading breakthrough Technology!

[@Djehoo]

Lol, news from 2003

[@ascgazz]

Another tool to help the rich get even richer, even faster, and pay less taxes… .. No doubt. What a time to be alive.

[@techcafe0]

"the United States doesn't like to sign things that have the words 'human rights' in the title …" so much for 'American values'

[@tnnsboy18]

We try :)

[@swedesam]

Generative 'AI Hallucinations' should make for an interesting and volatile stock market.

[@ponyrizz]

I like AI. I hope they help rather than invade us humans.

[@behzadclan1790]

Very interesting points mentioned during the interview. I suppose that when you want to descover something, especially in technology and science, it is better to make mistakes at the begining and create laws putting the mistakes as core. I think it is better to be more careful when it comes to AI, because it may cause some issues in societies, because some people and specialists which spent their lives studing a specific subject might loose their jobs to AI. This issues might create unstable balance in job market.