We started by highlighting the explosion of digital data and the emergence of ML as a strategic capability for investment and trading strategies. This dynamic reflects global business and technology trends beyond finance and is much more likely to continue than to stall or reverse. Many investment firms are just getting started to leverage the range of artificial intelligence tools, just as individuals are acquiring the relevant skills and business processes are adapting to these new opportunities for value creation, as outlined in the introductory chapter.
There are also numerous exciting developments for the application of ML to trading on the horizon that are likely to further propel the current momentum. They are likely to become relevant in the coming years and include the automation of the ML process, the generation of synthetic training data, and the emergence...
