I'm Nicole Lapin, the only financial expert you don't need a dictionary to understand.

It's time for some money rehab.

Would you let a robot make financial decisions for you?

And this isn't hypothetical.

Most if not all of the big brokerages offer users programs where they can have their money

invested by what they call RoboAdvisors.

But first that concept might make you feel a little uncomfortable, right?

I mean, it's your hard-earned money.

And if you are going to get help making investment decisions, you might think that you would

want help from an actual human who understands the emotional significance of money.

But actually, you don't.

While stock trading by artificial intelligence or AI sound sophisticated and complicated,

just think of it as investments executed by computers.

And it's really common.

It's estimated that between 60 and 73% of all US equities trading is conducted using

AI algorithms.

I'll say that again for the folks in the back.

It's estimated that between 60 and 73% of all US equities trading is conducted by AI

algorithms.

I've found that a lot of people are surprised by that figure and assume that there are

just more humans in the market.

But no, it's robots.

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