Active managers are feeling the heat. Years of underperformance are putting intense pressure on their business model. Risk premia strategies, robot-advisors, systematic funds and alternative data usage are gradually disturbing the quiet territory of discretionary investing: a reminder, if it were needed, of the unimpressed view of the FCA regulator in recent asset management industry surveys. In short, active management is going through an existential crisis. And things might get even uglier. Artificial Intelligence and its sub-components including Machine Learning, Deep Learning, Natural Language Processing, and the list goes on, are threatening to eradicate any form of human decision-making in investment. It is only a matter of time. The almighty portfolio manager is dead. Vive les machines!