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

Artificial intelligence is increasing being used to guide investments but risks remain.

1 day agoShareclose panelShare pageCopy linkAbout sharingImage source, Getty ImagesImage caption, It is hard for both humans and computers to predict stock market movementsBy Jonty BloomBusiness reporterSearch for "AI investing" online, and you'll be flooded with endless offers to let artificial intelligence manage your money.

I recently spent half an hour finding out what so-called AI "trading bots" could apparently do with my investments.

Many prominently suggest that they can give me lucrative returns. Yet as every reputable financial firm warns - your capital may be at risk.

Or putting it more simply - you could lose your money - whether it is a human or a computer that is making stock market decisions on your behalf.

Yet such has been the hype about the ability of AI over the past few years, that almost one in three investors would be happy to let a trading bot make all the decisions for them, according to one 2023 survey in the US.

https://www.bbc.co.uk/news/business-68092814?at_medium=RSS&at_campaign=KARANGA

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