Decentralised hedge funds take aim at Wall Street elite
WHY THIS MATTERS IN BRIEF Services and industries are increasingly becoming decentralised, and the financial services industry is no exception. A little while ago I discussed how one hedge fund, Aidyia, is now fully autonomous, a decentralised autonomous organisation run by an AI without humans, and how another, Numerai,...
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...
Scientists use facial recognition to create a Facebook for whales
WHY THIS MATTERS IN BRIEF Smile. You won’t find these faces in the shops looking for deals… Creating new algorithms that identify our friends in nature seems to be a growing trend – and it’s about time too. Now researchers have developed a facial-recognition algorithm for whales that could...
Cornell’s new AI is cataloguing nature – starting with trees
What type of tree is that anyway? Cornell is creating a catalogue for Nature Engineers from Caltech have developed a method that uses data from satellite and street-level images, such as the ones that you can see in Google Maps, to automatically create an inventory of street trees that cities...
