Can AI Trade As Well As Warren Buffett?
from the not-likely dept
The hype around artificial intelligence on Wall Street seems to come and go over the years. Generally what seems to happen is that someone discovers some AI-like system that does pretty well for a couple of years and everyone thinks it’s the answer to everything. However, investors adjust, and the edge is lost. It looks like we’re starting to enter a new age of Wall Street AI hype, so CNN is looking into the space and pointing out that AI is not going to beat the best traders, and at most, is useful as a tool to help pick out patterns that you might have missed otherwise. Relying entirely on AI, though, is probably not going to get you (or your money) very far.