Application of AI will change trading in many ways and this is already happening. Investors may find out soon that medium-term returns will be much below expectations after the current trend caused by QE expires. If this scenario materializes, then investors will have to return to the old way of finding a good financial adviser that can suggest a portfolio mix and pick securities that will appreciate in value. In some cases, the adviser will be an AI program and this process will be executed online.
https://towardsdatascience.com/impact-of-artificial-intelligence-and-machine-learning-on-trading-and-investing-7175ef2ad64eAI is already being used all over trading activities, imagine the FOREX market alone which does not sleep or take a rest all over the globe and its gradually being introduced into crypto currency. Today we have series of bots that can be used on several exchange platforms to trade, bots are being used to reply mails, respond to questions and the likes irrespective on how we want to look at it, there is an element of Artificial Intelligence involved which in the future, will change the way things are done.
While the advantages of this cannot be overemphasized, we should not also not be unmindful of the human element and the empathy that would be involved. Ordinarily, as an individual, there will be some risks that I wont take but a bot just need a command to either buy or sell and irrespective of the current situation that might necessitate contrary decision, they will need to be commanded all over again.
