This brings many thoughts to mind. It certainly is consistent with the increased use of computers in finance, especially for shorter-term trading. We've seen a parallel in chess, where computers can now beat the best grandmasters (although a computer plus a human is stronger than either alone).
But I cannot shake the feeling that we are getting it wrong. Capital allocation is one of the most important tasks in our society. I find it hard to believe that a group of psychopaths operating on a short time horizon are going to do it in the best possible way.