Goldman Sachs Exec: Markets Still Too Complex for AI Trading
Humans, and not robots, will still be required for the foreseeable future, say trading vets.
The rise of the machines may be the topic du jour, but a senior executive at one of the world’s largest trading firms say the human factor is still a limiting one.
Buy-side firms must process and manage vast volumes of data daily in a bid to forecast industry trends and develop sophisticated, predictive trading models. However, the application of artificial intelligence (AI) capabilities into investment processes have proven progressively complex due to the diverse nature of current market
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