Wavelength Podcast Ep. 181: M&A News; Limitations of AI
Wei-Shen and Tony discuss recent acquisition and investment news, and AI predictability.
Wei-Shen Wong, Asia Editor, and Anthony Malakian, Editor-in-Chief of WatersTechnology, record a weekly podcast touching on the biggest stories in financial technology.
To hear the full interview, listen in the player above, or you can download it.
This week, Anthony is back on the podcast with Wei-Shen. They talk about the investment Swedish private equity firm EQT made in Rimes Technologies, as well as the two acquisitions the Cboe (Chicago Board Options Exchange) Global Markets made this week. Then, they discuss some drawbacks of AI when looking at predicting market movements.
https://www.waterstechnology.com/technology/4798531/nomura-chief-warns-of-ais-limitations
1:00 – Tony joins the podcast to talk about this week’s acquisition and investment news, and issues with using AI as a predictability tool of market movements.
3:00 – Then, he cautions how M&A speculation stories generally, might be a play to perhaps make the valuation of a company look better, highlight the competition, et cetera.
9:00 – Tony explains why he finds it interesting that EQT invested in Rimes.
11:30 – Then, they talk about the conflict of interests that could arise if an exchange does acquire such a company like Rimes.
13:00 – Next, they discuss the acquisitions that Cboe recently made to boost its risk analysis capabilities.
20:00 – Tony and Wei-Shen then talk about whether AI could truly predict market movements.
28:30 – Could AI be like a shot of steroids to traders, if used correctly?
31:00 – Then, they talk about how the idea of time has been distorted by how we consume content, where we are sometimes more willing to binge-watch 8-hours of a TV series, but not as willing to watch a 3.5-hour movie.
36:00 – They wrap up the podcast by admitting how impossible it is to live without our mobile phones.
Contact Info:
As is the case with everything we do, we'd love to get some feedback from our listeners.
Wei-Shen Wong: + 852 3411 4758; wei-shen.wong@infopro-digital.com
Anthony Malakian: + 1 646 490 3973; anthony.malakian@infopro-digital.com
Past 10 episodes:
Episode 171: FactSet's Rich Newman on Open Data
Episode 172: Buy-Side Trading & Automation
Episode 173: Hadoop, Data Warehousing
Episode 174: Previewing Waters USA
Episode 175: Tradeweb's Billy Hult
Episode 176: Data Hungry AI; Women in Data
Episode 177: Data Implications of 5G & IoT
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