Computer scientists are seeking to strip human emotions like fear and greed out of investing. Already a third of all U.S. stock trades in 2006 were driven by automatic programs, or algorithms. By 2010, estimates project that figure at 50 percent.
"We want to be able to ask a computer, 'Tell me about the merger of corporation A and corporation B,' or 'Tell me about the impact on the markets of sending more troops to
Iraq.'" Today, AI programs can solve specific problems within such a set of parameters.
Outsmarting Wall Street Traders
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