Before Artificial Intelligence develops free will and would even be in a sufficiently advanced position to decide if humans are necessary on this planet, we seem to be doing a pretty good job of destroying ourselves anyway by giving a dangerous amount of power over to semi-intelligent algorithms. Enter the artificially intelligent hedge fund.
But what’s this talk about “destroying ourselves”? Can these things actually kill? Well, let’s look at this way: these algorithms are designed to make profits for their owners by moving investments from one company to the other. In other words, stock market algorithms are playing with the fate of companies in order to make profits for investors. But unlike a human, an algorithm is not programmed for empathy, mercy or intuition. Such algorithms could potentially annihilate a promising company simply because it made some errors in reporting or short-term financial planning.