A Trial by Fire for AI in the Financial Advisor Space
Artificial Intelligence (AI) was built to absorb, analyze and fashion recommendations out of huge piles of datasets at a fraction of the time that human efforts can achieve. Many were further designed with the ability to learn – called machine learning – to hopefully, perpetually, keep getting better and keep adjusting to changing dynamics in the environment they are working in. So, how did AI with machine learning function during the coronavirus pandemic?
To better explore and understand artificial intelligence technologies in a crisis scenario, we talked with Institute member David Aferiat, Co-Founder and Managing Principal of Trade-Ideas – an award winning A.I. and machine learning Fintech firm with a SaaS-based revenue model. We wanted to explore how AI helps advisors and traders make sense of investing when nothing is making sense.