9 Pages Posted: 21 Mar 2017 Last revised: 31 Jul 2017
Date Written: March 17, 2017
Finance is a key milestone for AI. Imagine coming back from vacation and talking to your virtual assistant about your investment portfolio and wondering how she does it, quarter after quarter, year after year. Managing money is the real test for human AI. It has to talk, it has to think, it has to have intuition and it has to make money. Despite the AI Game successes, there is no AI player with such capability today and it’s unclear whether brain emulation under Strong AI is the preferred direction for achieving human AI. This paper uses a historical context to explain why it maybe time to denounce social systems, embrace system thinking, and explore simple ideas like computational linguistics to explore technologies that can teach computers to talk, think, assimilate knowledge and hence also manage money. Such technologies should set up the foundation for Web 4.0.
Keywords: Artificial Intelligence, Modern Finance, Web Singularity, Data Universality
JEL Classification: A00, A10
Suggested Citation: Suggested Citation