Is stock trading doomed?

Brace yourself: We may be headed towards a world dominated by a handful of tech corporations vying with each other to develop the best AI prediction algorithm.

That's from "Microsoft Bing Predicts and the future of gambling" at ExtremeTech. That article discusses how Microsoft Bing correctly picked winners for week one of the NFL season. That's groundbreaking, but the stuff about computer trading has been going on for some time now. People are still arguing as to whether it has caused market crashes, but there's no doubt that the best software with the quickest Internet connections has great advantages over anyone else.

A lone wolf day trader probably isn't going to do well against that. Without access to a firehose of data and the software to analyze it, he or she won't be able to compete at the same level.

I'm not sure what that means for the rest of us.

Microsoft Bing Predicts and the future of gambling

Algorithmic trading

Bing Predicts

Got something to add? Send me email.

(OLDER) <- More Stuff -> (NEWER)    (NEWEST)   

Printer Friendly Version

-> -> Is stock trading doomed?

Increase ad revenue 50-250% with Ezoic

More Articles by

Find me on Google+

© Anthony Lawrence

Kerio Samepage

Have you tried Searching this site?

Unix/Linux/Mac OS X support by phone, email or on-site: Support Rates

This is a Unix/Linux resource website. It contains technical articles about Unix, Linux and general computing related subjects, opinion, news, help files, how-to's, tutorials and more.

Contact us

It is not only that there is no hiding place for the gods from the searching telescope and microscope; there is no such society any more as the gods once supported. (Joseph Campbell)

This post tagged: