Bloomberg Businessweek

Why Machines Still Can’t Learn So Good

Finance sees a future in AI, but it isn’t easy to find an edge | “There are an infinite number of potential ways you can fail”

Anthony Ledford and his colleagues at Man AHL spent three painstaking years building a machine-learning system that can hunt by itself for fresh investing ideas in an avalanche of data. They used it to help diversify the AHL Dimension fund, which has returned an annualized 7.1 percent in three years through September, vs. a 3.2 percent gain for the average hedge fund. But Ledford, the money manager’s chief scientist, rolls his eyes when he hears people say that machine learning, a type of artificial

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