Curious what your thoughts on this are: http://globalslant.com/2015/06/black-box-trading-why-they-al...
TLDR: Essentially black box trading inevitably fails because they're all trying to do the same thing. At a certain point everyone tries to liquidate, or buy, or perform same trades at the same time which can lead to a blow up.
I wonder if getting around this assumes some sort of diversity in algorithms/ML approach, and if that diversity is a realistic assumption