In the Numerai model, the use of artificial intelligence achieves efficiency and optimum capital allocation by reducing overhead costs, because there is no cost of human capital.
Source quote, verbatim
In the Numerai model, the use of artificial intelligence ultimately helps achieve the goal of efficiency and optimum capital allocation by reducing overhead costs because there is no cost of human capital.
From
Wulf A. Kaal, Blockchain Applications and Fee Structure Developments in Private Investment Funds (2017), V. Private Investment Funds' Use of Blockchain Technology, p. 14 https://ssrn.com/abstract=2959730 · source PDF
Cite as
Wulf A. Kaal, Blockchain Applications and Fee Structure Developments in Private Investment Funds (2017). SSRN: https://ssrn.com/abstract=2959730
Holds when
crowdsourced data scientist models synthesized into a meta model
extended_bykaal:claim:3002908-038 The Numerai model reduces overhead costs because there is no cost of human capital, and it eliminates barriers...
extended_bykaal:claim:3409548-008 In the Numerai model, using artificial intelligence to synthesize competing data scientist models into a meta ...
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