Is artificial intelligence the future of capital markets?
Today, at asset management companies and other financial institutions, there are still large teams of analysts and portfolio managers, sifting through data, developing investment theses and making asset allocation decisions. Let's assume that you use very sophisticated AI-driven models to scan data from not just the market but a whole plethora of other sources to define, implement, monitor, refine and adjust your trading strategies. The kinds of people employed in the industry will change; we will need people who can model data, and others who can validate the models and the results. One hedge fund taking artificial intelligence to the next level is Numerai -- which doesn't even employ the AI talent!
Aug-9-2017, 13:35:42 GMT