Humans do not become less important in FX markets since the algos increasingly taking over the market are a product of human design in the end. It is just the need for tedious and repetitive work that is offloaded to robots reducing the need of human brainpower (and subsequently workforce), leaving space to creativity and imagination.

Absolutely agree Panagiotis! Humans become more important because only humans can design the right application of these tools and improve them. However the article is relevant given the points you make about repetitious work effort. While freeing humans up it also reduces the need for workers whose jobs is primarily manual.

Its a point of view .

Automated trading focus on large numbers of small, short term transactions of small to medium sized positions. Large position with medium and long term time horizons are still done by humans and it is hard to see that changing in the next few years

Strategy traders, human run, fundamental play with technical overlap are, according to recent reports, making a come back as Algo's start to feed off each other!

The ongoing ascent of deep learning, machine learning, AI, is offsetting sum of the gut learning and is elminating some slippage of standard automated systems. I believe than a good individual trader will always find opportunities in the market place; as this will be of a concern for those with clients, and need massive returns after fees. Also the blockchain sector is changing the game as more of the major players are renginneering the financial sector for the majors, and the botiques. The longer horizon player still can find gold, or bitcoin in those hills from time to time if proper risk management is used.

Humans and their algos are most important, every day. To follow the velocity os negociations, automated trades are the future to get best results.

Remember that not at all strategies run sucessifully in bots. Correlation is ok, but to the rest, the bots need humans to take the control when the algos can't preview the wrong decisions.

There will always be the need for human intervention. Bots are proficient when the markets are trending or moving within certain parameters. Once the markets become unpredictable (which they often do) the bots become a liability to the trader and we then have to rely on Human instincts. That being said, I believe there will always be a place for both bots and Humans but bots are there to assist and work along with humans to help improve their trading and not to replace them.

In years to come computational power is to be unleashed by so called quantum computing.These combined with standard today math functions combined make AI power increase.Sky is the limit.Or at least another post conquered.In terms of AI progress.So as answers to market activity

I disagree with the topic title, but completely agree with all who said that humans are now more important and at the same time, they could be less in numbers because many of repetitive and routine works are now replaced by robots. As we who creates those robots and practically we need robot intervention by us, we we always will play the main rule in the trading circle.

Some, or actually many traders thought that robots don't need intervention, I'm as a programmer, always recommend them to understand how the tool they use in their hands works, so, they can interfere it the right way to make better trading results. Sorry to repeat, Humans are always the more important.

"Humans are always the more important." I agree with this, but more and more are going to loose their jobs to automation. Thanks, David