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Don’t Trust the Promise of Artificial Intelligence

by robertrosenkranz on August 1, 2016

Debate Overview

As an investor, I once financed a group of computer scientists applying machine learning and statistical analysis to outperform the stock market.  It took us four or five years to beat the averages by mere hundredths of a percent. This was not a huge advantage. On the other hand, our small team of six was outperforming teams that would typically employ hundreds of professional analysts and portfolio managers.

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robertrosenkranzDon’t Trust the Promise of Artificial Intelligence