BBC Business reporter Jonty Bloom discusses the hype around artificial intelligence (AI) trading bots and their potential to manage investments autonomously. Bloom explores the extent to which investors are willing to rely on AI-powered bots to make investment decisions. He raises concerns over the risks that AI trading may pose, including the fact that it is not a crystal ball and can be prone to inaccuracies, biases, and mistakes. Despite these issues, AI-powered trading has already attracted the attention and confidence of some investors, highlighting a potential shift from human to computerised investment management.
Through expert opinions – such as from Pearn Kandola Partner and Head of Development, Stuart Duff – warnings, and insights, Bloom provides a nuanced examination of the potential of AI to transform the world of investing, while highlighting the critical role that human investment professionals still have to play.
