By: Ian Hall
May 22, 2019
‘You want your robot to be smarter than the other team’s robot’: advice that sounds like it belongs to a participant in combat competition TV show Robot Wars. But, actually, it’s the increasingly competitive and technology-affected situation that many investment professionals will face in the workplace – and need to prepare for.
That was the message from Larry Cao at the 72nd CFA Institute Annual Conference in London on 14 May.
Cao, who is Director of Industry Research at CFA Institute, was speaking on the topic of ‘Artificial Intelligence and Big Data in the Future of Investment Management’.
AI may be at an early stage of development but its cognitive abilities have already caught up with the average human being.