Nov 6, 2018 8:16:30 AM
Where the future of investment data is decided - There’s a lot of hype surrounding alternative data and AI but not a lot of information on how to utilize alternative data to generate useful insights. The objective of intelligence, human or machine, is to synthesize disparate pieces of information and understand something at a granular level for the purpose of making accurate predictions about the future. The rate at which information continues to accumulate exceeds the rate at which biological intelligence is evolving. As such, investors relying solely on traditional intelligence are struggling to understand the complex set of factors influencing a particular topic. As a result, investors are increasingly experiencing the feeling of being blindsided by idiosyncratic events despite believing that superior ‘homework’ was done.