Robots Won't Rule The World, It Will Be Cobots, Says Hedge Fund

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Mark Melin
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Updated on

As artificial intelligence, machine learning and robots taking human jobs is all the buzz, such talk elicits wonder from Oribel Capital Management founders Adam Brenner, Greg Brenner and Mikal Patel. The trio started the hedge fund after working at Platinum Partners. In their first quarter letter to investors, they considered the macro market environment for automation entering into the business world with a glee that comes from a one-year payback on  cobots, which are a better version robots. Oribel Capital – Investing in the factory of the future is the future “The factory of the future is what is exciting,”…

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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.