Heretoinvest…………… very, very well put. It exactly the potential scenario I see facing the Australian Markets. Eventually it will be only Bot against Bot in a battle of the Algorithms!
Normal market trading conditions for most people has all but disappeared because of Bots and Shorting stocks.
The pool of funds available from RETAIL is shrinking quickly. People are wising up and seeing its impossible to challenge the Bots or trade normally and will get sick of losing money and depart to invest in Property etc.
2018 I have personally predicted a 3-5 yr period of possible trading left in the ASX for most investors. And a collapse of the markets in 10-15 yrs max.
Once AI [artificial intelligence] gets involved it is all over.
This will kill the start up companies and only company that go private will survive! . Look at some big Aussie companies and you will find their top 20 stakeholders own 80% of stock. ready to go private! [ie: Virgin Australia]
Can ANYONE show how ANY market will survive AI [artificial intelligence] ????? This is why the ASX and Big Boys are using HFT BOTS to fleece the Aussie markets.
The last great money grab. [many have warned regarding AI]
Yak52.
