Here's an article on how Machine learning, artificial intelligence and other technological advances are transforming how pensions, endowments, sovereign funds and other institutions manage their assets.
It might be an interesting read ahead of the European opening.
The ascendance of nonbiological intelligence means computing systems will learn and process many types of inputs far faster than even the most-expert individuals. Once experts partner with the systems, these man--machine teams will become extremely competent at rules-based goal seeking. The days of using scarce computing resources to model complex systems - backcasting, calibrating, validating and eventually forecasting - are nearly over. Massive and scalable parallel systems are now available for rent by the second, and the implications of having access to almost limitless computing environments to attack the largest data sets imaginable augur a paradigm shift in the discovery and communication of relevant data patterns
Implications for individual traders, anyone?
