Hedge Funds Turn Toward Artificial Intelligence

The hedge fund industry seems to be turning toward artificially intelligent investing programs in favor of human traders in growing proportions. At a time in which artificial intelligence is sweeping the technological world, with “smart” features appearing in new accessories and appliances every month, some may have expected that it was only a matter of time before the financial world would incorporate programs and algorithms specifically designed for investment purposes. This is not to say, though, that human involvement is out and that machines will be running the hedge fund world in the immediate future. There are still many important factors and decisions that have been left to the human operators, at least for now. Questions of AI Focus and Process Artificial intelligence, a computerized mechanism for completing a task…

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