Kolanovic's Deep Dive Into Artificial Intelligence Lacks Human Understanding

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Mark Melin
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Perhaps the most significant buzzwords in investing today center around the big data revolution, machine learning, and artificial intelligence. But this nascent industry is much more complex and nuanced than the simple slogans suggest, a May report from JPMorgan’s Marko Kolanovic highlights. In fact, there is significant runway for expansion. For instance, while big data revolution has been the hyped term, actual adoption has lagged. Less than 1% of such information was analyzed as of 2013, with an enormous amount of data being created in a computer-dominated world. In fact, 90% of current data was created in the last two…

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Mark Melin is an alternative investment practitioner whose specialty is recognizing the impact of beta market environment on a technical trading strategy. A portfolio and industry consultant, wrote or edited three books including High Performance Managed Futures (Wiley 2010) and The Chicago Board of Trade’s Handbook of Futures and Options (McGraw-Hill 2008) and taught a course at Northwestern University's executive education program.