Home Tech The Robots Can’t Stop Us Repeating the Mistakes of 2008

The Robots Can’t Stop Us Repeating the Mistakes of 2008

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3D render of a robot trying to solve a wooden cube puzzle

Big Data, machine learning and artificial intelligence are all being touted as the saviors of active fund managers in their battle the rise of low-cost passive funds. A veteran of the hedge-fund industry’s efforts to corral quantitative processes into money-making machines is skeptical that the reality will match the hype.

After working at Morgan Stanley in the 1980s and a stint running his own fund,

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