Quote from: jokers10 on Today at 03:58:04 AM

AI uses the same patterns it can find in a past. If lots of traders will start using AI it will be a great idea for manipulators to investigate the same patterns with AI as others but do just the opposite to ruin the strategy of naive traders trusted AI too much. Market is a place where win-win strategy is hardly achieved so mostly any time there will be as winners as losers. Trusting some known tool entirely usually will lead to defeat. Of course, we'll see, but I don't have expectations that AI will replace traders, it will be just another tool for them IMO.

AI might be useful for some of things, but I'm not at all sure AI can predict the future even though the data it has is a reference for traders. I tend to think that people are starting to feel their brains and abilities are no longer better than AI so they can no longer rely on their brains for all activities, including trading. I really didn't expect AI to replace humans, and self-reliance is usually much better.

Humans were created to think and decide things wisely, while AI only works based on data provided by its developers. When the data is wrong, of course the trader will bear the consequences.