The Financial Robot has been Sixty Years in the Making

Automation I

“A computer will never tell you to buy one stock and sell another… (there is) no substitute …for flair in judgement, and a sense of timing.” - Wall Street Journal 1962.[1]

After digging through archives in Cambridge while working on a project to write a revisionist history of machine learning in finance, I came across early ‘Cybernetics’ articles that ha…