Weekly Briefing No. 24 | Wake-up and Smell the Artificial Intelligence.

Artificial intelligence might be coming to asset management faster than you think. Read more on that and BCG’s views on digital insurance for small business. Also this week, we discuss marketplace lending, AirBnb as a “credit bureau,” an electricity trade via the blockchain and one start-up’s approach to selling data to Wall Street.IN DEPTHWake-up and smell the artificial intelligence.“Eventually the time will come that no human investment manager will be able to beat the computer.” These words were uttered last year by David Siegel, co-head of Two Sigma Investments, the $30 billion+ quant fund that returned 15% in its two flagship vehicles last year. This week, we were reminded of Siegel’s prediction upon meeting with a technologist who was still mesmerized by AlphaGo, Google’s artificial intelligence Go program that handily…


Link to Full Article: Weekly Briefing No. 24 | Wake-up and Smell the Artificial Intelligence.