Will financial analysts lose their jobs to intelligent trading machines?

The next wave of artificial intelligence (AI) will likely be used by hedge funds making long-term macro plays around things like oil prices, involving more data than an analyst could crunch in a lifetime. Although habitually secretive, the use of machine learning and AI among the hedge fund community has been well publicised. Bridgewater Associates, the world’s largest hedge fund with about $154 billion (£109bn) under management, has been vocal about its use of AI. And it’s not uncommon to hear about investment firms hiring data scientists with PhDs in neural networks, or physicists and astronomers who can remove the noise from data signals. Publicis.Sapient AI leader Josh Sutton, who has worked in financial services for 15 years and has some hedge funds among his clients, expects to see a…


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