Research
AI Application ChatGPT Beats Stock Market, Study Says
Researchers found that investing using ChatGPT analysis produced a return of more than 400% during a time period that saw the market average decline.
Tag: Artificial Intelligence
Regulation
SEC Staff to Provide Recommendations on AI Regulations, Says Chairman Gensler
AI has been a topic of interest for Gensler lately, and this likely marks the first confirmation that the SEC is already working on the issue.
Market Moves
AI Will Send Profits Skyward Over the Next 10 Years, Goldman Says
Artificial intelligence-fueled productivity should expand margins by 4 percentage points, the firm projects, but it won’t happen right away.
Research
Goldman: Artificial Intelligence Will Boost Global GDP by 7%
There will also be a job-loss toll, but, as in previous technology leaps, many displaced workers will fit into newly created positions, the firm’s study says.
Risk
Allocators Need to Adopt More Technology for Investing, Says PSP Strategist
Artificial intelligence is available to find insights in vast reams of data, Herman Bril argues—so use it, already.
Newsmakers
Tech Companies, Not Factories, Are Getting the Capital Spending Dollars Now
New reports shed light on the phenomenon.
Research
About That Tech Slowdown: The Big Digital Tomorrow Will Restore Its Place
Legacy stocks are leaders now, but 5G and other digital revolutions promise to return the disregarded innovators of yore to the fore again, Citi says.
Alternatives
Mubadala and Others Pledge Big Money for UK-Based AI Drug Discovery Firm
Exscientia has just closed a $225 million Series D funding round, enlisting giant institutional investors.
What Artificial Intelligence Can—and Can’t—Do for Investors
While machine learning still has major shortfalls, it is gaining ground at divining useful patterns, like analyzing how executives talk in earnings calls.
The Imitation Game: How AI Should Buoy Insurers—and Pension Risk Transfers
Also, as investments, carriers likely will grow more attractive, thanks to machine learning helping to customize pricing, reduce costs, and flag fraudulent activity.
Asset Management Culture
BNY Mellon Pushes into Natural Language Generation
The financial services company joins others using the artificial intelligence technology to automate reports in nanoseconds.
Risk
Artificial Intelligence? Start Investing Now, Says Foundation Group
Two major US private foundations lead venture capital push into AI, which they say will disrupt multiple industries.
Alternatives
GPIF’s Hiromichi Mizuno’s Term Is Extended for Six Months
The radical investment officer will continue his charge to change the world.
Is China Unstoppable?
The world’s second-largest economy seems destined to overtake the US over the next decade. At the same time, its growth rate is slowing.
Investors Mixed on AI Helping, Replacing Jobs in 2025
Tech has low adoption, but Fidelity’s CIO says it’s ‘still early days.’