Mike Schuster on whether AI can help hedge fund investors to beat the market?

Episode ten of The Robot Brains Podcast investigates how hedge funds are using AI to find competitive advantages for their investments. Joining us to explain how AI is starting to be used for pure profit is Mike Schuster Managing Director and Head of AI Core Team at the New York-based Financial Sciences firm: Two Sigma. With decades of experience working in AI (including Google where he pioneered the ML technology that became Google Translation), when Mike first joined Two Sigma he was described as potentially being the “hedge fund’s last human employee”. In his chat with our host Pieter Abbeel, Mike explains that it actually takes a team to bring AI to banking, as well as explaining how working for a hedge fund is like working for a tech company and the future potential of AI robot investors.Host: Pieter Abbeel | Executive Producers: Ricardo Reyes & Henry Tobias Jones | Audio Production: Kieron Matthew Banerji | Title Music: Alejandro Del Pozo Hosted on Acast. See acast.com/privacy for more information.