Impact Of Artificial Intelligence And Machine Learning on Trading And Investing

medium.com

If you don't care about finance and investing, skip this. I found it fascinating. Here are a couple of quotes:

...broad acceptance of [AI / ML] is slow due to various factors, the most important being that AI requires investment in new tools and human talent. The majority of funds use fundamental analysis because this is what managers learn in their MBA programs. There are not many hedge funds that rely solely on AI.
...I believe the transition for most traders will not be possible. The combination of skills required for understanding and applying AI rules out 95% of traders used to drawing lines on charts and watching moving averages.

In short: there is plenty of work to be done (and money to be made) in bringing data science to financial markets.

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