Can artificial intelligence help me make money? I plan to find out.
AI can guide weapons, make medical diagnoses, write term papers, and script TikTok videos. Some visionaries think it may some day perform the majority of the work in America.
So making me wealthy shouldn’t be that hard. There’s an almost unlimited amount of money in the world, and all I’m after is a little more than my fair share. An edge, as the hedge funders say. Isn’t that what AI is for? To give users an edge?
There are already plenty of AI apps for investors that are supposed to help you pick stocks, automate trading and conduct detailed research. I’m skeptical. Fees dominate the investing world and the more transactions you make, the more fees you pay. Plus, hedge funds and other institutional investors have the best trading technology money can buy, and no $49 app is going to outsmart them.