Tag Archives: AI

After the catastrophic covid crisis of 2020 and 2021, the extremely impactful and consequential Russian invasion of Ukraine in 2022, many hoped that 2023 would break this terrible bad spell and finally present us all with some hope, economically, geopolitically, socially, technologically. Unfortunately, it only offered further reasons for serious concerns on all these fronts.  Economically, even though the official inflation rate followed a downward trajectory, in most major...

Part II of II Outlook and wider impact As showcased during the debates and in the entire campaign rhetoric, politicians in the US but also in Europe, are solely focused on promoting solutions that only serve to paper over the problems and address the symptoms of the disease. From “covid checks” to rent relief, and everything in between, all their proposed “fixes” are only providing some temporary breathing room to those millions of citizens affected by the economic...

Part II of II Outlook and wider impact As showcased during the debates and in the entire campaign rhetoric, politicians in the US but also in Europe, are solely focused on promoting solutions that only serve to paper over the problems and address the symptoms of the disease. From “covid checks” to rent relief, and everything in between, all their proposed “fixes” are only providing some temporary breathing room to those millions of citizens affected by the economic shutdown and...

Prof. Qiang Yang, founding head of Huawei Technologies' AI research lab, believes that big data paves the way for greater use of artificial intelligence in finance. Extracts from a recent interview.What’s the next step for AI?Artificial Intelligence has been successful mostly in fairly limited and well understood domains. A prime example is Go, where the rules are set and the range of data is confined to predetermined board locations. In the area of chatbots, the best chatbot today can do...

Published: Monday January 09 2017The development of deep learning AI programmes allows robots to emulate back-up staff in financial institutions, says leading computer scientist Qiang Yang – but they will not completely replace human decision-making.In many financial institutions, expert advisors rely on trading data, company reports and news stories to detect minute market signals and provide clients with investment recommendations. Their work is often supported by teams of interns who...

Published: Friday January 06 2017Antoine Blondeau, co-founder of a pioneering artificial intelligence company, believes that there are no limits on what can be achieved by scaling up and distributing AI on a truly vast scale.When Antoine Blondeau and three collaborators co-founded Sentient Technology in 2007, they had an ambitious vision. They wanted to help solve some of the world’s most complex problems by harnessing the world’s computer capacity to develop artificial intelligence on a...

Published: Tuesday January 03 2017Edgar van Tuyll van  Serooskerken, head of Quantitative Strategies at Pictet Wealth Management, explains how Pictet uses machine learning for two purposes: first, to hunt for profitable investment opportunities; and second, to search for patterns in big data that are similar to those of past periods.For the first use, machine learning can sift through the mass of data we now have on the past prices of assets in various classes, on company performance and on...