Winner-takes-all digital economy poses risk for capital markets

By: Financial Times

Dec 10, 2020

 

The trend of human tasks being replaced by algorithms is a perennial and understandable focus for the debate about how technology is changing capital markets. Policymakers, however, are already focusing on a longer-term trend: how the benefits of scale in digital industries will concentrate activity among a smaller number of investment providers.

Policymakers, however, are already focusing on a longer-term trend: how the benefits of scale in digital industries will concentrate activity among a smaller number of investment providers.