Bloomberg - 27 Sep 2017
Man Group, one of the world’s largest hedge funds, was initially wary of the AI technology, but is now persuaded by the returns from algorithm-centric funds. Simply put, it has gone from viewing AI with skepticism to making it a cornerstone strategy. This article confirms that AI will soon engulf the entire industry. Deep learning is changing asset management forever. It is also bringing new complexities (reads in 7-9 min).
Published in Weekly selection 29 September 2017
Project Syndicate - 24 Aug 2017
The banker and INET member warns that the wrong-headed response to the global financial crisis that started 10 years ago threatens not just the financial sector, but open societies generally. Simply put: new financial regulations are falling short because we all seem to have missed a basic fact: the economy is a complex, adaptive system populated by fallible agents with imperfect knowledge (reads in 5-7 min).
Published in Weekly selection 25 August 2017
Fortune - 23 Jun 2017
As technological innovation reshapes the financial system, a small number of fintech companies will grow to become new finance giants, while others will team up with the traditional banking sector. Like in other industries, the role of AI will be paramount, evolving from big data analysis and machine learning to platforms that mimic the way humans think and process information (reads in 5-7 min).
Published in Weekly selection 30 June 2017