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The Future of Stock Picking
AI-powered ETFs may have the potential to outperform human stock pickers. Just like the computer that revolutionized the strategy of the game go, if AI can uncover new ways to win in stock picking, it could be interesting. However, the information advantage would disappear if all other AIs knew it. The assumption is that there is an efficient market, but some ETFs like Amom are already significantly outperforming the average actively managed fund.