My question is: how efficient are these AIs really?
The use of AI in trading can be efficient if used intelligently or in other words not always relying on AI completely but using it as a complementary tool for manual analysis because we also certainly understand that behind the advantages shown by AI there must also be disadvantages, if you want to try using it better with a small capital first to reduce unwanted things.
No doubt AI makes tasks easier for us and AI in trading can do the same thing but traders should not totally rely on it to trade, they can be an aid to making trading decisions. Although I don't know how equiped AI is to be totally relied upon to place trades but I am assuming that it's function will be more on technical analysis because their functions are programed. But if it can also analyze fundamentals like breaking news that the market reacts to that will be an added advantage for it's usage. I hope that we can get more feedbacks from traders that are using AI to trade so we can know how efficient it is and how profitable the traders are. If AI assistant in trading is proven to be profitable I'm sure that the number of traders will increase because they don't need to be experienced to enter trading.