Goldman warns the rise of machines leaves markets exposed

Bloomberg/Luke Kawa/5-23-2018

“Computers are prized for their ability to process massive amounts of data better than humans. But it’s their relative inability to process a complex world that might lead machines to worry that humans know something they don’t when markets go haywire — and exit a situation in which they don’t have the upper hand, wrote strategists led by co-Chief Markets Economist Charles Himmelberg in a note.”

USAGOLD note:  Goldman joins us in their concern about the “rise of the machines” or as we have put it in the past “the madness of machines.”  This article does a very good job of outlining those very real dangers.

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