kaal:claim:3409548-003

Current hedge fund trading technology is hard coded by humans, whereas deep learning systems can be given a simple command and derive a result from data on their own; this is the operative difference between legacy quantitative tools and machine learning.

Source quote, verbatim
The current technology used in hedge fund trading is hard coded by a human. In contrast, a deep learning AI machine learning algorithm can be given a simple command and automatically find a result based on data.
From

Kaal, Financial Technology and Hedge Funds (2019), II. Financial Technology and Hedge Funds, p. 6
https://ssrn.com/abstract=3409548 · source PDF

Cite as

Kaal, Financial Technology and Hedge Funds (2019). SSRN: https://papers.ssrn.com/sol3/papers.cfm?abstract_id=3409548

Classification

mechanismsupport: assertedai-and-agents

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