r/wallstreetbets 25d ago

News RIP sleep

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u/Gold_Accident1277 25d ago

Yeah pretty much created 3 jobs for every 1 person working in the stock market

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u/Gold_Accident1277 25d ago

That’s if they all work 3/8. What a mess….

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u/snek-jazz 25d ago

for the year or two before AI replaces them

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u/FemtoKitten 25d ago

What jobs could easily be replaced by machine learning in finance was swiftly done in the 80s, it was one of the first fields where people of course applied it and other algorithmic trading options in the idea of making money. The consistent stream of information and feedback even from earlier times, with solid documentation, gave it a solid base to start with too. In the end you get some flash crashes occasionnelly and leveraged tools, but the major shifts on that front already happened.