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It is but we are still in infant stages in automation as it pertains to electronic trading. Its a bit of an arms race, I anticipate it is going full circle in that after the point where we have more technologists than traders hits, we will realize all our tech is as strong as the next guys and will need to re-enlist more traders to help with new strategy to differentiate said algo's from the competitions.

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We don't really need traders anymore. Stock pickers won't disappear, though, because it's much harder to automate (it would be akin to having a real artificial intelligence).

All stock pickers are traders, though not all traders are stock-pickers. Moreover, I think there's still a lot of alpha for human traders/market-makers. Even the quant power houses like Jane Street and D.E Shaw still employ human traders.

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