An AI hedge fund designed a cryptocurrency to open source Wall Street

An AI hedge fund designed a cryptocurrency to open source Wall Street

WHY THIS MATTERS IN BRIEF The finance marketplace is unique in that, unlike the technology sector, it has little to no “network effect” but one entrepreneur is trying to change that.   Wall Street is a competition, a Darwinian battle for the almighty dollar. Gordon Gekko said that greed is...

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Wall Street supremo’s pile into a new AI hedge fund dubbed the future of finance

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...

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No humans required, the fully autonomous AI running a Wall Street hedge fund

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...

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