Impact of AI and ML on trading and investing

Very few can ignore the presence of Artificial Intelligence and Machine Learning in today's world, and even less so if you work in quantitative finance. Here, Michael Harris, quant systematic and discretionary trader and best selling author, discusses the impact these technologies are having on trading and investing. Below are excerpts from a presentation I gave last year in Europe, as an invited speaker to a group of low profile but high net worth investors and traders. The subject was determined by the organizer to be about the impact of artificial intelligence and machine learning on trading and investing. The excerpts below are organized in four sections and cover about 50% of the original presentation.