AI, or a thousand shades of grey?


Whilst a supporter of true artificial intelligence (AI) within investment management, I do have a problem with some of the references to artificial intelligence that I hear.

I believe that most of us in the investment management world still do not truly understand artificial intelligence. What we often refer to as AI (and read about in the investment management media on a daily basis) is generally nothing more than intelligent rule-processing. Of course, nobody gets excited about intelligent rule-processing, whereas when you mention AI there is suddenly an air of expectation in the asset management boardroom.


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