Wall Street traders are getting crushed by AI
WHY THIS MATTERS IN BRIEF More investment companies are embracing AI to help them find an edge in the market and generate massive returns, and so far the data indicates that AI traders are crushing their human equivalents. An international team of researchers from the School of Business and Economics...
Wall Street supremo’s pile into a new AI hedge fund dubbed the future of finance
WHY THIS MATTERS IN BRIEF Until now the financial services industry has never been able to benefit from a network effect, but that’s about to change and it could tip Wall Street on its head. The “Network Effect” is a phenomenon known the world over, it’s where a service...
No humans required, the fully autonomous AI running a Wall Street hedge fund
WHY THIS MATTERS IN BRIEF Companies that use artificial intelligence to augment their human workers is nothing new, but companies that are run by artificial intelligence, without any human input, are. I’ve been documenting the emergence of fully autonomous organisations – organisations that are able to run and scale...