This content originally appeared on DEV Community and was authored by Mallaya
Along with programming, I have developed an interest in the stock market over the past few years. Over the last few days, all the stock markets all over the world including India, the US, the UK, Germany, Japan, and almost every other country are volatile.
Many experts believe this volatility is because of these reasons:
- Rise in inflation rate
- Interest rate hike from Banks
- Increasing fear of Omicron variant
- Might be a few regional reasons
But, according to me, this might be a reason:
Many stockbrokers and operators have started using Artificial Intelligence that reads all charts and once a stock hits a certain number, the AI model buys or sells stokes. I feel an Artificial Intelligence robot does not have emotions or human intelligence and when trades, it becomes harsh for the market.
Do share your thoughts, I would like to read what you think ? Does this make a difference?
This content originally appeared on DEV Community and was authored by Mallaya
Mallaya | Sciencx (2021-12-21T12:35:09+00:00) Is AI responsible for the stock market volatility?. Retrieved from https://www.scien.cx/2021/12/21/is-ai-responsible-for-the-stock-market-volatility/
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