Sergey Savastiouk's Avatar
Sergey Savastiouk
published in Blogs
Feb 22, 2021
Will A.I. Kill Capitalism?

Will A.I. Kill Capitalism?

Artificial Intelligence (AI) is here to stay. Once strictly the territory of our imaginations, rapid improvements in the technology mean automation is entering all aspects of our lives. Enthusiasm ranges from a belief that this is the beginning of a magical era for humanity as machines take over repetitive tasks, to fear that AI will literally automate people out of jobs, leading to civil unrest and, eventually, the destruction of the human race by the robots.

Most experts admit that future changes are impossible to predict. This is nascent days for effective AI – no one is entirely sure about anything. If history is any indicator, disruptive changes will happen in the short term, only to even out as society adjusts. But some AI advocates believe this time will be different. For the first time in history, mental skills, not mechanical skills, are being mechanized.

Calum Chace, the author of the book Artificial Intelligence and the Two Singularities, disputes the notion that humans will have ample time for leisure if machines take care of menial tasks for them. He argues that this vision would necessitate a utopian “abundance economy”, where basic human needs like shelter and food are so abundant they are free. Without that ideal scenario, humans would have to compete with each other for jobs that have not been automated, potentially exacerbating existing problems with resource-related inequalities.

Avoiding these issues means facilitating a gradual transition to an AI-driven economy. Governments and regulatory bodies would need to oversee which roles were being automated and assign resources to assist those who are being replaced entirely, rather than simply assisted by artificial intelligence. And these parties plus industry (especially Silicon Valley) would need to prioritize people over profits – no given, as tech’s giants are still primarily profit-driven entities despite that sector’s love of benevolent origin stories.

In the short term, managing fear and expectations is important to smooth the transition to an AI-driven world. Chace cites self-driving cars as an example: “[People] will see these robots driving around taking people’s jobs and think ‘It won’t be long until they come for mine’ – and then there will be a panic. And panics lead to very nasty populist politicians, of the left or the right, being elected.”

A utopian, AI-centric society may be a bit of a pipe dream, but Chace still believes it is possible to shape a reality where AI exists without the extreme stratification of haves and have-nots. “If we do grasp the challenge we can have an amazing world for ourselves, our kids and our grandkids…a world where machines do the boring stuff and humans do the worthwhile, interesting stuff,” says Chace. Creating that world is a possibility – if society makes politicians and business leaders aware of the challenges and holds them accountable for making positive changes.

The Investment and Financial Industry Faces the Same A.I.-Driven Evolution

Hedge funds and large institutional investors have been using Artificial Intelligence to analyze large data sets for investment opportunities, and they have also unleashed A.I. on charts to discover patterns and trends. Not only can the A.I. scan thousands of individual securities and cryptocurrencies for patterns and trends, and it generates trade ideas based on what it finds. Hedge funds have had a leg-up on the retail investor for some time now.

Not anymore. Tickeron has launched a new investment platform, and it is designed to give retail investors access to sophisticated AI for a multitude of functions:

  • Finding stock patterns in the market
  • Finding trends in the stock market
  • Testing portfolios to see if they are well-diversified
  • Back-testing statistics to see how different stock patterns generated trading results
  • Making Predictions for price movements in the future, with “A.I. Rank” and level of confidence in the trade.

And much more. No longer is AI just confined to the biggest hedge funds in the world. It can now be accessed by everyday investors. Learn how on Tickeron.com.

 

Sergey Savastiouk's Avatar
Sergey Savastiouk
published in Blogs
Mar 07, 2021
4 Tricks Hedge Funds Use to Get Ahead

4 Tricks Hedge Funds Use to Get Ahead

If the stock market were Major League Baseball, hedge funds and institutional investors would be the pros on championship teams while everyday self-directed investors (SDIs) are the benchwarmers in the minors.It’s how they get ahead, and it’s why 90% of SDIs lose money trying to play (invest and trade) in the major leagues. The 4 tricks we discuss below are rooted in one common theme: they all use Artificial Intelligence and algorithms to generate data and ideas.
John Jacques's Avatar
John Jacques
published in Blogs
Mar 22, 2018
A.I. Stock Market Predictions: Head & Shoulders

A.I. Stock Market Predictions: Head & Shoulders

Statistics for the Head-and-Shoulders Bottom Pattern The days where only hedge funds used algorithms to trade stocks are officially over. Now retail investors can use Artificial Intelligence (A.I.  Here’s an example of the algorithm in action: Late last year, Tickeron’s A.I.
Sergey Savastiouk's Avatar
Sergey Savastiouk
published in Blogs
Jul 10, 2020
3 Stocks to Buy if Coronavirus Second Wave Hits

3 Stocks to Buy if Coronavirus Second Wave Hits

By analyzing market trends from the first wave, you can predict behavior for the second. Technology stocks have performed at historic levels this year, but the market is severely overbought.To compensate for that, look at performance during Q1 and Q2, the height of global Covid shutdowns.
Edward Flores's Avatar
Edward Flores
published in Blogs
Feb 06, 2021
How to Become the Millionaire Next Door

How to Become the Millionaire Next Door

The Golden Gate Bridge is always a fixture of these walks too, one of man's most beautiful creations.  As we were walking, at one point she turned to me and said, "Man, I'll never have a million dollars."" My girlfriend is 27 years old and works as a graphic designer, making about $75,000 a year.
Alla Petriaieva's Avatar
Alla Petriaieva
published in Blogs
Feb 23, 2021
Is Ethereum’s Bomb about to Explode?

Is Ethereum’s Bomb about to Explode?

Ethereum’s software is set for an update in October.Until it is finished, participants in the Ethereum blockchain must determine how to delay the difficulty bomb – code that necessitates a steadily increasing amount of computer power to mine blocks and unlock rewards – that is already in place.
Sergey Savastiouk's Avatar
Sergey Savastiouk
published in Blogs
Aug 07, 2018
When Is the Next Recession Coming?

When Is the Next Recession Coming?

However, we also know that economists predicted 22 recessions out of 11 that took place since 1945. Are there real recession signs we should watch for?Indeed, the answer is yes, and here are a few very important ones: The first one is almost obvious and known to everyone – it is the Fed.
Abhoy Sarkar's Avatar
Abhoy Sarkar
published in Blogs
May 22, 2020
Central banks have been buying $2.4 billion in assets every hour for the past two months

Central banks have been buying $2.4 billion in assets every hour for the past two months

Some $17.8 billion has been poured into  bond markets over the past week, the biggest move in more than three months.Around $3.5 billion has been invested into gold, the second largest on record. 
Rick Pendergraft's Avatar
Rick Pendergraft
published in Blogs
Feb 07, 2021
Mid-January Short Interest Report Shows 8 Stocks with Good Fundamentals and High Short Interest
Sergey Savastiouk's Avatar
Sergey Savastiouk
published in Blogs
Mar 10, 2021
How to Start Trading Penny Stocks

How to Start Trading Penny Stocks

Penny stocks have long been marginalized within the professional investment community, oftentimes being painted with a broad brush of simply being “too risky.” Leonardo DiCaprio’s depiction of the penny stock peddling conman, Jordan Belfort, in the Wolf of Wall Street certainly didn’t help.Here are four reasons to start trading them now. Reason #1: Let’s State the Obvious -- Penny Stocks are Cheap A single share of Apple Inc. costs over $350.
Abhoy Sarkar's Avatar
Abhoy Sarkar
published in Blogs
May 08, 2020
US unemployment rate jumps to 14.7%, the highest in series history

US unemployment rate jumps to 14.7%, the highest in series history

The U.S. economy’s employment fell by -20.5 million in April. The coronavirus crisis led to unemployment rate soaring to 14.7% in the U.S, the highest rate in the Bureau of Labor Statistics-tracked series history that goes back to 1948. However, the figures were better compared to several economists'/analysts' forecasts of 22 million job losses and 16% unemployment rate.  Another unemployment measure that includes those who have stopped looking for work as well as those holding part-time jobs for economic reasons also touched an all-time high of 22.8%.
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