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Market changes being predicted by AI vs by professionals

The development of artificial intelligence has been a tremendous achievement for humanity. Intelligence given to the robots proved to be effective in many fields of science. In contrast to human intelligence, they rarely ever make mistakes and provide high efficiency. If we, for example, bring an example of chess, AI is so sophisticated that even top grandmasters are without any chance to defeat it. Its intelligence is too strong.

AI has been implemented in various fields including, business, finances, trading. Automated trading is widely used nowadays, and in the world market, AI is useful for predicting market changes. However, the human factor is still crucial, and in this article, we will talk about market changes being predicted by AI and professionals.

Stock-forecast based algorithms

Algorithms of artificial intelligence are so efficient that they predict which stocks are likely to go up and which ones to go down. This is a specific algorithm designed to prognosticate the outcome. They proved to be a unique tool in some cases, but if we mention the recent events surrounding the coronavirus, AI has appeared to be very ineffective against this sudden change, and they crumbled at some point.

Crypto market predictions

AI predictions are also used to determine which cryptocurrency is inclined to change. Considering the volatility of cryptocurrencies and Bitcoin, especially it is very hard to predict changes, but AI-based systems such as Bitcoin Era and many others are very good at identifying opportunities. However, we can once again mention the coronavirus, which has been an obstacle for artificial intelligence.

We cannot solely blame artificial intelligence for its inability to predict the changes, because the coronavirus, in general, was not expected around the world. It has spread so rapidly that everyone, including artificial intelligence, was unprepared for the sudden change of situation.

Human intelligence

It goes without question that artificial intelligence exceeds human intelligence in various spheres of work. Because of this reason, some people consider AI as a threat to the world. They think that robots will achieve supremacy. But this is still a theory, and AI has a long way to become so sophisticated.

In contrast to AI-based market predictions, professionals have some problems in identifying the market movements correctly. We all have emotions, and it is difficult to predict everything precisely, while robots are deprived of all the emotions, which is useful for their operation.

But on the other hand, emotions can be good to act accurately in difficult situations which could be considered the recent outbreak of the coronavirus. Professionals and experts of the market proved to be more effective in this particular moment than artificial intelligence. So ultimately, it depends on the situation and the general environment in the market which one can predict events better.


In the end, artificial intelligence has a slight advantage in our opinion regarding the market changes, mostly because it is automated and is not ruled by emotions, but once again - emotions could be good at the same time if we are dealing with unexpected global occurrences like Covid-19.





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