kaal:claim:3002908-038

The Numerai model reduces overhead costs because there is no cost of human capital, and it eliminates barriers to entry because participating users need neither capital nor any special finance or data knowledge.

reducing overhead costs because there is no cost of human capital.135 In addition, Numerai eliminates barriers to entry because users do not need capital or any special finance or data knowledge.

Wulf A. Kaal, Marco Dell'Erba, Blockchain Innovation in Private Investment Funds - A Comparative Analysis of the United States and (2017), IV.1. United States, p. 23
https://ssrn.com/abstract=3002908 · source PDF

Wulf A. Kaal, Marco Dell'Erba, Blockchain Innovation in Private Investment Funds - A Comparative Analysis of the United States and (2017). SSRN: https://ssrn.com/abstract=3002908

• applies to the Numerai crowdsourced data science model running on the Ethereum blockchain

mechanismsupport: evidencedai-and-agentsrisk-and-incentives

• extends kaal:claim:2959730-025 In the Numerai model, the use of artificial intelligence achieves efficiency and optimum capital allocation by...
• extended_by kaal:claim:3409548-008 In the Numerai model, using artificial intelligence to synthesize competing data scientist models into a meta ...

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