A Smarter Computer to Pick Stocks

November 27, 2006 | Source: New York Times

Wall Street is adopting nonlinear decision making processes akin to how a brain operates, including neural networks, and genetic algorithms, and other advanced computer-science techniques.

“Artificial intelligence is becoming so deeply integrated into our economic ecostructure that some day computers will exceed human intelligence,” Ray Kurzweil told fund managers at a recent conference. “Machines can observe billions of market transactions to see patterns we could never see.”