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AI for investing: ultimate cheat code?
Will super-smart artificial intelligence be the ultimate cheat code for beating the market? Probably not ... but its could ensure you retire with 25% more than you otherwise would.
In this TechFirst we chat with the CEO of Qraft USA, Robert Nestor. Qraft is an AI company focused on investing. The company has a billion USD "assets under AI" in Korea and is expanding to the US. While the AI is active in crafting the strategy and execution, humans still make the final decisions.
The result, so far, is about a 1% improvement on what financial advisors would otherwise get. While that doesn't sound…
The skinny
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