Will Artificial Intelligence Robots Do the Majority of Our Work in the Coming Decade?
Artificial intelligence robots are slowly replacing blue collar and white collar workers. Go to the trading floors to find out that there are no human brokers. Algorithmic trading software makes money for most investment funds. It takes 0.2 seconds for a price quote to come from the exchange to your software vendor's data center (DC), 0.3 seconds from the data center to reach your trading screen, 0.1 seconds for your trading software to process this received quote, 0.3 seconds for it to analyze and place a trade, 0.2 seconds for your trade order to reach your broker, 0.3 seconds for your broker to route your order to the exchange. Total time elapsed 0.2 0.3 0.1 0.3 0.2 0.3 1.4 seconds.
Jun-23-2021, 12:40:15 GMT
- Industry:
- Banking & Finance > Trading (1.00)
- Technology:
- Information Technology > Artificial Intelligence > Robots (0.76)