Are Machine Learning And AI the Future of Investing?
Nowadays, we are hearing machine learning and artificial intelligence almost everywhere, I remember watching my partner playing with an astrology application that supposed to tell one’s fortune this month, in 6 months or even the whole year according to the "big data" and "artificial intelligence" embedded behind it. In recent years. these technologies have developed so fast and been broadly marketed across all different industries. The proliferation of the concept has people already react: “what’s the big fuss?" when talking about AI. But do we really understand it and how it applies? I'd say NO with a high level of certainty. That's why I feel passionate to study them in both academic and empirical manner and share my humble opinions on how these technologies have affected and transformed the investment industry, where I work as an insider, over the past few decades. Brief History of Machine Learning and Artificial Intelligence in Financial Industr...