PLSA: What Artificial Intelligence Means for Investors eVestment

The theme of "Artificial Intelligence and the Future of Mankind" was explored at last week's PLSA Annual Conference in Manchester, with renowned AI expert and Oxford academic, Nick Bostrom, who suggested that AI represented the third major revolution in human history after the agricultural revolution and the industrial revolution. His central question: could we make similar leaps forward in performance with the brain and technology? At eVestment, we see a nascent, but growing universe of strategies leveraging AI, scientific approaches and machine learning. We created a custom universe of 29 strategies using keyword search tools and it's easy to see why some in the industry are predicting big things for this approach to investing.