http://fortune.com/2017/03/30/blackrock-robots-layoffs-artificial-intelligence-ai-hedge-fund/

BlackRock isn't the only Wall Street investor laying off human
stock-pickers and replacing them with robots.

The world's biggest money manager on Tuesday announced that it would cut
more than 40 jobs, replacing some of its human portfolio managers with
artificially intelligent, computerized stock-trading algorithms.

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