It makes sense for large technology companies like Google and Microsoft to open source AI and machine learning solutions because they have overlapping vertical interests in providing vast cloud services. These come into play when a certain machine learning library becomes popular and users deploy it on the cloud and so forth. It is less clear why financial services companies, which play a much more directly correlated zero sum game, would open up code that they paid the engineering team to create. It's interesting that hedge funds, traditionally thought to be the most secretive of financial institutions, have been proactive in pushing an open source software agenda. AQR Capital Management was probably patient zero when it came to opening up their code around data storage – and this move, shepherded by software engineer Wes McKinney, kickstarted the popular Pandas libraries project.

Polyani's Paradox "We can know more than we can tell…" 12. "AlphaGo figured out winning strategies for itself, both by example and from experience. The examples came from huge libraries of Go matches between top players amassed over the game's 2,500- year history." "But why not look at the economy in terms of the messy complexity of natural systems, such as the fractal growth of living organisms or the frantic jive of atoms?" AEON 20. "Every day we create more than 2.5 quintillion, that's 10 to the power of 18, bytes of data. That's so much data that 90% of the world's data today has been created in the last two years alone."

In Predictions for Finance and Artificial Intelligence we see Nikolas Badminton gave the opening keynote at The Real Machine Summit – an essential event that preceded Money 2020 in Las Vegas on October 22nd, 2016. In this talk Nikolas guides us on a journey of how the machine revolution sowed the seeds of the cognitive revolution and he draws futures that are yet unseen. Why banking and commerce are ripe for AI disruption What will change? Which industries will burn, what will be invented? Which industries will burn, what will be invented?