Why AI will never predict financial markets
The laws that govern swings in asset prices are beyond the statistical grasp of machine learning technology, argues academic Daniel Bloch
Since the dawn of commerce, traders have been seeking ways of reliably forecasting the movement of asset prices. For those who believe that artificial intelligence may finally provide this crystal ball, there is bad news. When it comes to predicting financial markets, AI will always fall short.
Despite its ability to analyse vast datasets and recognise patterns, AI cannot forecast market movements
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