In the last five years, automation has had a positive impact on the bottom line in Wall Street as firms migrated to bot-driven, algorithmic trading.
While good for The Street, the news reports a paradigm shift where many traders are at a disadvantage, trading against a market that is majority bot-driven and subject to more dramatic swings.
We’ve compiled some of those reports below to serve as an educational resource:
“The U.S. Stock Market Belongs to Bots”
Bloomberg | June. 2017
Computerized algorithmic trading “definitely had an impact” on Monday’s violent market swing
US Treasury Secretary Steven Mnuchin, CNBC | Feb. 2018
“The stockmarket is now run by computers, algorithms and passive managers”
The Economist | Dec. 2019
The Expert Warnings
CNN Money :: Machines are driving Wall Street's wild ride, not humans
CNBC :: Just 10% of trading is regular stock picking, JPMorgan estimates
CNBC :: Cramer on computer traders: ‘Why don’t they go work for NASA’...
Seeking Alpha :: The Panic Playbook - A Blueprint For Market Crises
Investing Daily :: Rise of The Machines: Beware of “Robo-Trading”
Yahoo Finance :: Why stock market traders should be terrified of robots in the next decade
Nasdaq :: Rise of the Machines, Part 1: How Increased Automation in Financial Services Impacts...
Business Insider :: 'Big Short' investor Michael Burry is calling passive investment...
Forbes :: Artificial Intelligence Is Superseding Well-Paying Wall Street Jobs
WSJ :: Why Are Markets So Volatile? It’s Not Just the Coronavirus.
Guy De Blonay, fund manager at Jupiter Asset Management, CNBC | Dec. 2018
The Data – Bots Dominate
Reuters :: Data overload - commodity hedge funds close as computers dominate
Financial Times :: Volatility: how ‘algos’ changed the rhythm of the market
CNBC :: Sell-offs could be down to machines that control 80% of the US stock market...
The Economist :: The rise of the financial machines
WSJ :: Behind the Market Swoon - The Herdlike Behavior of Computerized Trading
Yahoo Finance :: What You Should Know About High Frequency Traders
WSJ :: Tiny ‘Odd Lot’ Trades Reach Record Share of U.S. Stock Market
Business Insider :: Tiny trades are making up a record share of market...
CNBC :: Mnuchin - Computerized trading ‘definitely’ helped drive this week’s big market swings
The Economist :: The stockmarket is now run by computers, algorithms...
Seeking Alpha :: How Systematic, Algorithmic Trading Impacts Stocks...
Bloomberg :: The U.S. Stock Market Belongs to Bots
Monterey Herald :: Attack of the stock market zombies
ZDNet :: Market volatility: Fake news spooks trading algorithms
Now Robo-Advising Is Rising

Vanguard Bets on Robo-Only Adviser
In 2023, Robots Will Invest $1.26 Trillion of Our Money
JP Morgan is rolling out a robo-adviser with free ETFs to lure new investors
Goldman’s robo advisor is ready to run
SoFi comes under scrutiny after its robo forces clients into free ETFs
Citigroup unveils free robo-advisor for customers with at least $50,000 at the bank
Robo-Advisors to Manage $1.4T in 2020, $2.5T by 2023