kaal:claim:3409548-008

In the Numerai model, using artificial intelligence to synthesize competing data scientist models into a meta model raises efficiency and improves capital allocation by reducing overhead costs.

Source quote, verbatim

In the Numerai model, the use of artificial intelligence increases efficiency and optimum capital allocation by reducing overhead costs.

From

Kaal, Financial Technology and Hedge Funds (2019), II.2 Artificial Intelligence and Big Data, p. 12
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

Holds when

crowdsourced data science model with a synthesized meta model

Classification

mechanismsupport: arguedai-and-agentseconomics

Related claims

extends kaal:claim:2959730-025 In the Numerai model, the use of artificial intelligence achieves efficiency and optimum capital allocation by...
extends kaal:claim:3002908-038 The Numerai model reduces overhead costs because there is no cost of human capital, and it eliminates barriers...

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