Welt.de: Striking, how easily machines can be deceived
As the finance industry recently tries to make capital out of the mass of data that is available nowadays, Asset managers have a new goal: The development of a digital fund manager modeled after Warren Buffett, who automatically increases the money of the clientele. To achieve this goal they rely on AI and Machine Learning. But especially long-term forecasts are still very challenging for self-learning machines, Chris Boos, one of Europe’s best AI specialists, warns that the world is very complex and the more you try to make it simple, the shorter the period of the forecast.
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