The Robots Are Not Coming To Wall Street, They're Already Here — And Multiplying

HFA Padded
Mark Melin
Published on
Updated on

When considering the forthcoming computerized-automation revolution, one area where this societal change will be different from the previous industrial revolution is who it impacts. While much of the industrial revolution forced the working class to find new skills, the smart technology revolution is going to take on human intelligence – and this will impact the upper end of society, including high priced talent related jobs, in ways the industrial revolution didn’t. This is no more apparent than on “Wall Street,” leading Bridgewater Associates founder Ray Dalio to both tout the benefits and express concern. [dalio] The “middle-class” on Wall Street –…

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HFA Padded

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.