Algorithmic trading
So would it be fair to say that the current trend for algorithmic trading is likely to subvert this beneficial invisible hand by removing human quirks from the system? I wonder how HFT investments stack up in comparison? Could they ultimately be detrimental to the wider economic well-being by eliminating human nature from the market? Will they make markets that suit the aims of our future AI masters? (Sorry, had to get a paranoid ROTM reference in there, this is el reg after all)