Will AI takeover our financial industry or create a continues perfect efficient market?
My interest in this 21 st century era is technology on how it influences the financial and banking industry in such a way. One of which is Artificial Intelligence or AI for short, it is beyond my intellectual capabilities to understand how AI is created and works, but basically is based on trial and error, where the AI continuously learn from each perspective movements and mistakes to do better in the next phase and a complete advance AI is basically an android/ program with high knowledge and technological capability followed by having human emotions and understanding of life and death. Since I am also interested in finance and securities trading, I will interrelate the aspect of AI with the efficient market hypothesis which define that all information provided internally or externally from the business impact asset prices to go up if there’s good news and go down if there’s bad news. Nowadays we use computers, software’s and algorithms to formulate the forecast of ...