AI and Investing: Ally, Enemy or Both?
Would you use an AI as your stockbroker? Maybe not. Yet more and more individuals and firms are using AI tools to aid in investing. But will AI-powered investment democratize the practice, or ensure that wealth disparity grows as wealthier individuals use better models? MIT professor Andrew Lo joins David Rothkopf to explore the relationship between artificial intelligence and investment and why a cautious approach could yield incredible results. This material is distributed by TRG Advisory Services, LLC on behalf of the Embassy of the United Arab Emirates in the U.S.. Additional information is available at the Department of Justice, Washington, DC.
About Andrew Lo
Andrew Wen-Chuan Lo (Chinese: 羅聞全; born 1960) is a Hong Kong-born Taiwanese-American economist and academic who is the Charles E. and Susan T. Harris Professor of Finance at the MIT Sloan School of Management. Lo is the author of many academic articles in finance and financial economics. He founded AlphaSimplex Group in 1999 and served as chairman and chief investment strategist until 2018 when he transitioned to his current role as chairman emeritus and senior advisor.
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