Saturday, November 4, 2017

Top Wall Street quant Cliff Asness doesn't believe A.I. will revolutionize investing

Top Wall Street quant Cliff Asness doesn't believe A.I. will revolutionize investing

Top Wall Street quant Cliff Asness doesn't believe A.I. will revolutionize investing

Chris Goodney | Bloomberg | Getty Images Billionaire Cliff Asness downplayed the potential of machine learning and artificial intelligence to revolutionize investing. "I'm a little bearish on the whole thing," Asness said at the 2nd Annual Evidence-Based Investing conference in New York on Thursday. "Machine learning is basically a way to find more and more patterns.
Chris Goodney | Bloomberg | Getty Images Billionaire Cliff Asness downplayed the potential of machine learning and artificial intelligence to revolutionize investing. "I'm a little bearish on the whole thing," Asness said at the 2nd Annual Evidence-Based Investing conference in New York on Thursday. "Machine learning is basically a way to find more and more patterns.

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