Can Artificial Intelligence Make Robots Better Investors Than Humans? This Man Thinks So.

The first generation of robo-advisors use a method known as "passive portfolio management" to buy and hold a fixed balance of exchange-traded funds. This method relies on price averages in order to match market returns. Vancouver-based online investment service Responsive aims to outperform this first generation of robo-advisors using a data-rich Artificial Intelligence approach. "Passive investing is a good start, but it ignores the data", Responsive CEO Davyde Wachell explains. Google's AlphaGo AI has been racking up wins against humanity's best Go players.