Recent research shows that exchange-traded funds (ETFs) that heavily rely on artificial intelligence (AI) systems for investment decisions have performed poorly, with most failing to outperform the S&P 500 Index. Among the 43 funds partially relying on AI, only 10 outperformed the index. In the case of 11 funds that completely rely on AI without human intervention, all underperformed the S&P 500 since October 2017, with six funds even recording losses despite an overall bullish market, averaging an annual loss of 1.8%. The research indicates that AI...