At Blackrock, Machines Are Raising over Managers To Pick Stocks
By: y Landon Thomas Jr. March 28, 2017 Score one for the machines. The largest fund company in the world, BlackRock, has faced a thorny challenge since it acquired the exchange-traded-fund business from Barclays in 2009. These low cost, computer-driven funds have exploded in growth, leaving in the dust the stock pickers who had spurred […]
Evidence That Robots Are Winning the Race for American Jobs
By: Claire Cain Miller March 28, 2017 Who is winning the race for jobs between robots and humans? Last year, two leading economists described a future in which humans come out ahead. But now they’ve declared a different winner: the robots. The industry most affected by automation is manufacturing. For every robot per thousand workers, […]