AI's Hyped Up Attempts at Picking Stocks Are Completely Faceplanting

  • 📰 futurism
  • ⏱ Reading Time:
  • 18 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 11%
  • Publisher: 68%

Indonesia Berita Berita

Indonesia Berita Terbaru,Indonesia Berita utama

Science and Technology News and Videos

? Two researchers, Gary N. Smith, a professor of Economics at Pomona College, and Sam Wyatt, a student at the college and a project lead at Pomona Consulting, conducted an analysis to find out., they argue that "AI-powered investing is particularly interesting because it provides a quantifiable way to assess the abilities of the technology.

Thus, you could argue that if out of 43 funds that partly used an AI system to inform stock decisions,managed to do better than the S&P 500, there appear to be some serious shortcomings with the technology. Collectively, the partly AI-driven funds' average annual rate of return was five percent worse than the index's 12.4 percent.

Berita ini telah kami rangkum agar Anda dapat membacanya dengan cepat. Jika Anda tertarik dengan beritanya, Anda dapat membaca teks lengkapnya di sini. Baca lebih lajut:

 /  🏆 85. in İD
 

Terima kasih atas komentar Anda. Komentar Anda akan dipublikasikan setelah ditinjau.

Indonesia Berita Terbaru, Indonesia Berita utama

Similar News:Anda juga dapat membaca berita serupa dengan ini yang kami kumpulkan dari sumber berita lain.

Four bull stocks and two bear stocks according to Bank of America strategistsFour bull stocks and two bear stocks according to Bank of America strategists
Sumber: Investingcom - 🏆 450. / 53 Baca lebih lajut »