Hedge funds turn to artificial intelligence for market decisions

WSJ – It’s man versus machine on Wall Street as hedge funds turn to artificial intelligence to determine the best investment plays.

Wall Street is notorious for not learning from its mistakes. Maybe machines can do better, or at least that is the hope of an increasing number of punters who are using the science of AI for their investment calls.

With artificial intelligence, programmers don’t just set up computers to make decisions in response to certain inputs. They attempt to enable the systems to learn from decisions, and adapt.

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