accern
How AI Could Turn Social Media Into Stock Market Gold
Subjective chatter analysis is a tricky business. But the entrepreneurs behind the New York startup Accern believe using artificial intelligence to analyze Twitter and Tumblr can turn stock investments into a lot more money. It's not Accern's focus on AI that makes it unique. According to Mckinsey & Company, entrepreneurial AI-ventures garnered global investments worth between $26 to $39 billion in 2016. These days, AI gurus promising miraculous investment strategies are practically a dime a dozen.