Domingos: Some Hedge Funds Are Completely Run by Machine Learning
Pedro Domingos · #13 Pedro Domingos: The Rise of The Machines · Aug 30, 2016 · at 4:03
Computer scientist Pedro Domingos discusses real-world algorithmic autonomy in the financial sector with host Shane Parrish.
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“So for example, these days there are hedge funds that are completely run by machine learning algorithms for the most part, you know, hedge fund will use machine learning as one of its inputs. But there are some where the machine learning algorithms, they look at the data, they make predictions, and they make buy and sell decisions based on those predictions.”
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