Q&A: LegalShield’s Economic Indexes
Seeking Alpha
LegalShield data recently predicted the current slowdown in home sales. SA interviews James Rosseau about this dataset (available via Quandl). Read More
Quants warn over flaws in machine learning predictions
Risk.net
This piece brings together different perspectives on the status of machine learning and artificial intelligence in investment strategies. One key takeaway: The data that powers machine learning could be its Achilles heel. Read More
Hedge funds using AI just had their worst month ever
Bloomberg
Eurekahedge reports that AI quants and CTAs both got hammered by the first equity correction in two years. Read More
Spurious correlations are kryptonite of hedge fund’s AI rush
Financial Times (Subscription)
One of the biggest risks of using AI for investment purposes is the potential for false correlations. Using machine learning to sniff out patterns in vast digital datasets is particularly vulnerable to overfitting. Read More
Baidu Apollo releases the world’s largest dataset for self-driving cars
FutureCar
Baidu has announced the release of ‘Apollo Scape’, billed as the world’s largest open-source dataset for autonomous driving technology. Read More
What gender diversity looks like at top hedge funds?
FundFire (Subscription)
On average, women hold 11.2% of all senior positions at hedge funds and 6% of roles on investment and portfolio management teams. Things are changing. But are they changing fast enough? Read More
Point72 is growing its Data Sourcing and Strategy team
Point72
If you’re a skilled data strategist and looking, take note. Read More