3min chapter

Lex Fridman Podcast cover image

Michael Kearns: Algorithmic Fairness, Bias, Privacy, and Ethics in Machine Learning

Lex Fridman Podcast

CHAPTER

Algorithmic Trading

The things that kind of get taken over by the algos first are sort of the things that computers are obviously better at than people, right? And so, you know, I think the places where algorithmic trading have had the greatest inroads and had the first inroads were in kind of execution problems. So, what I mean by that is at a large brokerage firm, for example, one of the lines of business might be on behalf of large institutional clients taking difficult trades.

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