To Understand Machine Learning In Finance, Start With Structural FundamentalsMark Melin
Artificial Intelligence (AI) and its industrious cousin, Machine Learning (ML), are becoming ubiquitous in daily life – loaded to the gills in smart phones, seamlessly interwoven into social media and internet advertising as well as found in natural language processing. Despite being so prevalent, the use cases, both positive and negative, highlight an industry in its infancy. Finance is one next frontier, as intelligent computer applications will determine dominance of certain sectors, “making old tools obsolete,” noted Bank of America Equity and Quant Strategist Savita Subramanian. But where does . . .
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