30-07-2025
‘Dumb' AI Bots Collude to Rig Markets, Wharton Research Finds
It's a regulator's nightmare: Hedge funds unleash AI bots on stock and bond exchanges — but they don't just compete, they collude. Instead of battling for returns, they fix prices, hoard profits, and sideline human traders.
Now, a trio of researchers say that scenario is far from science fiction.