There are two factors driving computer automation fears: complete elimination of jobs and that a “human logic” will be taken away in decision making. To the extreme, there are fears that robots will engage in a dastardly plot to dominate human free will. And then there is a reality, which might possibly be seen through the lens of increasing Bloomberg terminal subscriptions. Bloomberg terminal sales increase is a sign humans are not extinct on Wall Street… yet No, computers might not be plotting to take over all human trading jobs. At least, not yet. If rising Bloomberg terminal subscription figures…
Increased Bloomberg Terminal Sales Are A Signal Humans Are Not Getting Wiped Out By Automation
Mark Melin
Mark Melin is an alternative investment practitioner whose specialty is recognizing the impact of beta market environment on a technical trading strategy. A portfolio and industry consultant, wrote or edited three books including High Performance Managed Futures (Wiley 2010) and The Chicago Board of Trade’s Handbook of Futures and Options (McGraw-Hill 2008) and taught a course at Northwestern University's executive education program.
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