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| File Name | S22-Policy-Stoa-18-NEG-RoboAdvisors.docx |
| File Size | 62.67 KB |
| Date added | October 18, 2021 |
| Category | Policy (Stoa) |
| Author | Vance Trefethen |
Resolved: The United States federal government substantially reform the use of Artificial Intelligence technology
Case Summary: The AFF plan puts regulations on the use of AI “Robo Advisors” that provide stock market / investment advice to the public. This brief argues that such regulations are not needed. Also, by raising costs and reducing demand for Robo Advisors, AFF would make the investment world worse off if people go by their emotional investing decisions rather than the safe and steady Robo advice they could be getting instead.