“Every aspect of learning or other feature of intelligence can in principle be so precisely described that a machine can be made to simulate it.” — Mission Statement, Dartmouth Conference, 1956 It…
Trading
Machines Can’t Make Traders Obsolete. For Now
First, in the late 1940s, it was Alan Turing who came up with the idea that a computer can be taught to do things. This concept materialized in 1997 when IBM’s Deep…
Sorry, But High-Frequency Trading Is Not Dead
Analysts nowadays try to convince us that the financial markets have changed in a way that they are now the perfect environment for mom-and-pop investors. The main villain, in the face of…