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A comment on Humans Who Dream Of Companies That Won't Need Us. Parent comment

Re:Humans Who Dream Of Companies That Won't Need Us by mike_hearn on Saturday June 20, 2015 @02:15PM (#9750611)
Banks don't normally give bank accounts to robots.
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Re:Humans Who Dream Of Companies That Won't Need Us by donaldmcintyre on Saturday June 20, 2015 @10:19PM (#9751871)
They do and very frequently. A big chunk of intraday trading of currencies and bonds is done by bots that connect through APIs to brokers like interactive brokers.

There a some mutual fund companies that have "black box" investment managers, which are computer programs that manage whole portfolios and trade their institutional accounts at investment banks.

Program trading on the NYSE has been active since the 1980s.

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Re:Humans Who Dream Of Companies That Won't Need Us by mike_hearn on Thursday June 25, 2015 @02:28PM (#9779939)
They gave the account to a company and the company delegated access to a robot. However the account is not in the name of the robot.
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Re:Humans Who Dream Of Companies That Won't Need Us by rorykoehler on Saturday June 20, 2015 @02:42PM (#9750685)
They do to companies though.
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