Is It Necessary Or A Friction To Market Freedom?

Source: https://www.podbean.com/eau/pb-hw5cw-15da06a

Welcome to the latest episode of Brian from quantlabs.net's podcast. This discussion dives into the current debate concerning the regulation of artificial intelligence (AI) in the trading industry. Brian examines an article from risk.net which covers the concerns raised by market participants about the Monetary Futures Trading Commission's approach towards managing AI in trading. Jennifer Hahn, Chief Counsel and Head of Regulatory Affairs at Managed Funds Association, argues for leveraging the existing regulatory framework instead of developing redundant regulations. In the backdrop of the rise of web3 projects and state control over software development, Brian asks pertinent questions about the balance between upholding a free society and ensuring scams are mitigated against. Reflecting on the revolution AI has brought to trading and the risks associated with it, Brian's in-depth analysis explores how automation of trades and remote hosting of code could pose threats to not only markets but entire economies. Brian believes regulators have a role in countering systematic risks, particularly when it might threaten financial stability. Although the extent and process of regulation remain contentious. Drawing parallels from the military and banking sectors, he raises concerns about the seeming lack of regulation on AI in the trading operations of large companies. He calls for scrutiny of the practices of large trading entities like Citadel, Black Rock, and Vanguard.Wrapping up the episode, Brian invites his listeners to join discussions via the podcast as well as on platforms like Substack and TradingView. With his hard-hitting reflections on a topical issue, this podcast sparks profound thoughts on the intersection of AI, trading, and regulation. ... https://www.youtube.com/watch?v=b1tR5uLLS9E