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

📆 4/30/2022 1:20 AM
📰 ForbesTech

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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.

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