The Rise of the Robot Quant
The latest big idea in machine learning is to automate the drudge work in model-building for quants
It was always a matter of time before machine learning experts designed algorithms to do their work for them.
Called automated machine learning, the latest breakout in artificial intelligence has already made inroads in investment management. At its most spectacular, the new tool can spin out hundreds of thousands of models in minutes – a celerity that has intrigued experts. Buy-siders like Allianz Global Investors and Franklin are already using the technology, while others, RAM Active
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