Quants, Algos, And AI

$7.5 Billion dollars is forecasted to be spent on Algorithmic trading strategy improvement via AI in the next 10 years

A recent graphic by Tractica shows that over $7.5 Billion dollars is forecasted to be spent on Algorithmic trading strategy improvement via AI in the next 10 years. Wow! That’s a lot of quants in the world’s payroll. What exactly is a quant?  How do algorithms (algos) fit in? And what does Artificial Intelligence have to do with all of it?

Q1 hedge fund letters, conference, scoops . . .

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