The Role of Machine Readability in an AI World
SEC Keynote Address: Financial Information Management (FIMA) Conference 2018
6 Pages Posted: 18 Aug 2018
Date Written: May 3, 2018
In most discussions of artificial intelligence today, the great enabler is machine learning. Algorithms that perform intelligent tasks – those without explicit human direction – are becoming ubiquitous. But machines must be able read before they can learn. And information most relevant to AI advancements is often not appropriately structured for quick and easy ingestion. In financial markets, one of the great inhibitors is data embedded in documents designed for human readability. Learn what regulators are doing to promote machine reading of registrant disclosures through data reporting standards and requirements.
Keywords: Machine Learning, Artificial Intelligence, Structured Data, XBRL, FIXML, FpML, SEC, Regulation, NTTAA
JEL Classification: D04, D80, D83, G18, G28, G38, O38
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