Will AI cause changes in price action fundamentals?

[themickey]

In my opinion AI is best used to alert a trader rather than actually pull the trigger.
AI can be scanning and finding opportunities which a human can't keep up with. (the number crunching abilities of AI.)

 

[They]

big boys will be battling each other more and we will see more faster slamming up and down

AI, ML, Quant Wars, BS, whatever, we are definitely getting more and more 7 to 10 points slams in the ES these days. It may take a billion or so to safely instigate it but it doesn't take much to parasite off of it.

 

[toc]

Somewhere I read that algos/AI etc. are written by humans hence the human emotions still are at work albeit in an indirect manner.

Also, more than 70% of trading in markets is NOW based on algos but we have not seen any failure of EW, Fibonacci principals etc. So these "natural laws" are not going anywhere.

 

[MarkBrown]

losers in the market will always find something to blame, ai, algo's, insiders, commissions, data feeds, computers, networking, you name it there will be a reason. no one looks in the mirror except successful traders.

 

[SimpleMeLike]

Somewhere I read that algos/AI etc. are written by humans hence the human emotions still are at work albeit in an indirect manner.

Also, more than 70% of trading in markets is NOW based on algos but we have not seen any failure of EW, Fibonacci principals etc. So these "natural laws" are not going anywhere.

I agree here with TOC.

It is common sense that an AI (or robot or machine learning, etec) does not program it self. This AI is built with a human brain and human eyes watching the same charts I am watching.

Whoever built the AI have statical background as well, just like me.

All in all, who gives a rat ass about the AI or machine learning, etc is doing. Take the trades and lets make some money. Us retail traders don't have the resources or time to worry on AI stuff. They are right there on the charts anyway taking trades like us.

 

[Option_Attack]

 

[tommcginnis]

...we are definitely getting more and more 7 to 10 points slams in the ES these days.

...which only means we are returning to a normal market.

"Wake me when the hysteria is over?"

Zzzz-zzzzz-zzzzz....

 

[carrer]

I am not sure what kind of A.I. is being discussed here. But a super intelligent A.I. can be infinitely smarter than all humans combined. So far, nobody is able to create this super intelligent A.I.

Some intro to super intelligent A.I.

 

[Bobbybax]

There was a study done years ago ( I think I read about it in Market Wizards ) where the best traders had an IQ of 130-160. So, in human terms, being super smart >160, was a detriment.

 

[ESfocus]

It already has.
Doesn't necessarily lead to price stability given that most algos employed are very near sighted.

Near-sighted now, wait till they tweak these algos to become more sophisticated.

AI is becoming smarter, not dumber.