Context of Pride
Artificial intelligence replacing human beings has been the subject of science-fiction books for decades. The distinctly human part that the AI usually can’t replace is often the “emotional” one, i.e., the soul.
That’s bad news for fund managers who often pride themselves on unemotionally pursuing profit and analyzing financial data objectively, without any all-too-human cognitive biases. They seem prime targets to be replaced by soulless AIs that not only objectively analyze millions of data points per second but also execute an effective investment strategy based on them.
–Barron’s