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Saturday, January 27, 2018

Will Artificial Intelligence Pricing Software Companies Market Markers?

By Stephanie Rogers


Some other exclusive feature believed by the owners of Mega droid is that it is the very first trading program to be released with broker protection or anti-broker mechanism. Their website trumpets that not any broker will probably recognize that you are dealing using Mega droid. The following article will discuss how powerful is forex mega droid with its new artificial intelligence pricing software companies.

To fill these gap financial firms have developed RoboAdvisors which uses false intelligence to help people determine how best to invest their money and develop their financial retirement portfolio based on their income, risk aversion, lifestyle, and time until retirement. On the surface, this sounds like a sound solution, but it's not without its own set of challenges - one of which I'd like to discuss here today.

You see, even if these false intelligent RoboAdvisors only deal with low net worth people, the sheer volume will add up to trillions of dollars of investment and annual growth. These RoboAdvisors AI machines will inadvertently become market makers as they invest in various companies. This new investment in bonds will lift some bonds that don't deserve to elevated, driving prices up into bubble territory.

Of course, these RoboAdvisors can then show how well they've done in hindsight by the increased market value of stocks and bonds that they've recommended. See the problem yet? Worse, less sophisticated low net worth investors have no idea what's happening and assume everything is peachy, even if these systems are developing bubbles in the market and distorting free-market balances needed for the markets to be successful.

A veritable gold mine of such gems lies hidden and largely unexplored in the "exploding" mountains of data that have accumulated in businesses since the price of storage came tumbling down. It seems that IT organizations have been hanging onto data, keeping it in cold-storage, knowing that there will come a time when it will be of benefit.

Ironically, despite the fact they are all supposedly in keen competition with each other, and all trust that their system is the final word in Forex robot software, all the various websites I visited seem to be as if they experienced the identical designer(s). Furthermore, they all to one qualification or another bear a striking similarity to those online websites that offer to show you just how to get large amounts of cash for executing a couple of hours of "easy" job. Mega droid's web-site is no exception.

Amongst its (many) bold promises is that "... You do not require to find out anything related to the foreign exchange market or just how to trade it..." for the Megadroid robot to give back a handsome profit in a really short amount of time. It's cluttered up with some charts and testimonials that may pretty well be legitimate. Nevertheless, it seems to me that, unless of course, you are already someone with a good degree of know-how vis-a-vis foreign exchange trading, it is almost all but extremely hard to split the wheat from the chaff.

Yes, the big banks want a piece of the financial advisor sector, and they have lots of low net worth customers who they rake over the coal with fees, but killing the human kind of advisor for a RoboAdvisor isn't helping anyone, it's just killing more jobs and giving consumers fewer choices, all the while distorting markets - dumb. Meanwhile, as I pinned this article, I received an email news alert from our local county Economic Development Council - we lost 100 jobs in the category of financial advisors in the last quarter, and mind you that's only our little county with less than 1-million in population.




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