Super-successful AI Investment Technologies Will Likely Never Be Publicly Available

  • 📰 ForbesTech
  • ⏱ Reading Time:
  • 12 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 8%
  • Publisher: 59%

South Africa News News

South Africa South Africa Latest News,South Africa South Africa Headlines

If AI can solve text-to-speech or self-driving cars or landing rockets vertically, couldn’t an artificially intelligent investing engine with access to all stock market, economy, weather, and trends data vastly outpace human investors and guarantee massive returns?

Even so, they’re not promising 10% or 20% returns, or even 5% above human investors. In other words, it’s incremental, not revolutionary: something to help fund managers and boos their returns 1% ... not to replace them.“Financial time series data sets are incredibly nuanced and the signal to noise ratio symptomatically low,”data scientist Mikhail Mew. “Those who discover a true signal are compelled to trade on it to derive a direct financial benefit.

That makes sense: any super-investor built with AI technology then, would never see the light of day. Even the possibility of the concept, however, is unlikely to Nestor, because markets are so efficient already.

We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 318. in ZA
 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.

Fetch ai

South Africa South Africa Latest News, South Africa South Africa Headlines