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Could AI 'trading bots' transform the world of investing? | BBC News
Posted
February 2, 2024
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February 2, 2024
264,187
2,794
269
1.16%
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15:46Now PlayingSearch for "AI investing" online, and you'll be flooded with endless offers to let artificial intelligence manage your money.
Many prominently suggest that they can offer lucrative returns.
Yet as every reputable financial firm warns – your capital may be at risk.
Despite risks, a sizeable number of investors are seemingly keen to let AI make decisions for them.
Business psychologist Stuart Duff, of consultancy firm Pearn Kandola, says some people simply trust computers more than other humans.
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