How Big Data and Artificial Intelligence Affect Investing
Retail investors do not always have adequate time to research opportunities for making money. Fortunately, the rise of big data and artificial intelligence (AI) is helping individual investors make more informed investment choices. Due to the increase in data mining becoming available for the public, investors can gain information and insights in the marketplace that were formerly available only to institutional investors. Many investors believe that Wall Street was hesitant to accept making big data available to the public because it posed a potential threat to the ways many investment firms make money. If retail investors are able to gain the same facts and financial forecasts as institutional investors, individuals may perform more of the work themselves rather than utilizing the firms' services, resulting in substantial losses.
Sep-28-2016, 15:05:14 GMT
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- New York > New York County
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- Banking & Finance > Trading (1.00)
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