Artificial intelligence has been a major disruptor across industries and their respective workforces, causing quite a stir at the mere mention of "AI anything." But is AI up to the task of making calculated predictions on the stock market (^DJI, ^IXIC, ^GSPC) and should investors trust those forecasts?
Kaiju Worldwide Global Chair and CEO Ryan Pannell joins Market Domination to discuss predictive AI models’ place in public and private investment strategies.
"It’s not well-suited to that global macro [predictions]," Pannell explains. "Immediate short-term prediction on price action in equities, derivative: Yes, it’s very good at that. But the longer-term stuff, no. And I don’t see that changing,"
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