AI Articles and Analysis in Finance

Episode Summary: Tad Slaff is the founder of Inovance Financial Technologies, the creator of TRAIDE - a strategy creation platform that uses machine learning algorithms to help traders uncover patterns in assets and indicators and build more reliable trading strategies. In this episode, Tad speaks about the state of machine learning in finance today, and touches on how future applications of machine learning and trends may alter what gives an edge to one hedge fund or institutional investor over another.

Science Magazine’s report on Friday that an artificial intelligence system was caught stealing banking customers’ money may have made you rethink vesting your funds in the burgeoning technology. But have no fear – the article was an April Fool’s joke.

White collar professions were once considered safe from automation. It was blue collar work such as labor and manufacturing jobs that appeared at risk of becoming redundant in the wake of advancing technologies. But according to the Word Economic Fund – who held a conference last week in in Davos Switzerland – white collar work is not so secure as it seemed. AI systems continue to advance and challenge the status quo.