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The investment chief behind the AI-driven fund that uses IBM's Watson supercomputer explains how bots like ChatGPT will change markets

Business Insider LogoBusiness Insider1 mo ago

The investment chief behind the AI-driven fund that uses IBM's Watson supercomputer explains how bots like ChatGPT will change markets - Business Insider

Quick Summary:

The chief investment officer of Equbot speaks with Insider about the bot beating the S&P 500 and how artificial intelligence will shape markets.

A recent JPMorgan survey of found that 53% of institutional traders believe that AI or machine learning will be the technology that has the greatest influence on trading over the next three years.

Meanwhile, the AI Powered Equity ETF, which holds 210 assets in its portfolio, has gained popularity, with average volume soaring to 90,000 over the last five days from 10,000 previously.

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Article Details

Category: EconomyBusiness

Markets:

Topics:

Source Website Secure: Yes (HTTPS)

News Sentiment: Neutral

Fact Checked: Legitimate

Article Type: News Report

Published On: 2023-02-01 @ 20:44:57 (1 months ago)

News Timezone: GMT -5:00

News Source URL: markets.businessinsider.com

Language: English

Article Length: 534 words

Reading Time: 3 minutes read

Sentences: 46 lines

Sentence Length: 12 words per sentence (average)

Platforms: Desktop Web, Mobile Web, iOS App, Android App

Copyright Owner: © Business Insider

News ID: 5059293

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About Business Insider

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Main Topics: EconomyBusiness

Official Website: businessinsider.com

Year Established: 2007

Headquarters: United States

News Last Updated: 3 days ago

Coverage Areas: United States

Ownership: Independent Company

Publication Timezone: GMT -5:00

Content Availability: Worldwide

News Language: English

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API Access: Available (JSON, REST)

Website Security: Secure (HTTPS)

Publisher ID: #64

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