Will a stock exchange halt trading for >24 hours with a cause widely attributed to AI before 2025?
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Ṁ1kṀ7.2kresolved Jan 1
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From https://metaculus.com/questions/17176/ai-takes-down-stock-exchange-before-2025/
Erratic trading in stock markets like the NYSE, NASDAQ, and LSE is an increasing problem, though as of May 2023, not directly due to AI, though perhaps due to high-frequency trading (HFT).
Examples of Flash Crashes were the 2010 drop of 1,000 points in the DOW for disputed reasons and the 2022 European stock flash crash due to human error.
In May 2023, a deepfake image showed an explosion at the US Pentagon, which was picked up by media and caused a temporary huge drop in stock markets.
In all of these cases, prices recovered quickly and no exchanges were halted.
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