Money and value – how AI could revolutionize our economic systems

AI has been no stranger to fintech as well as our greater economic systems. We’ve seen the rise of cryptocurrencies develop in concert with this change in how the financial industry is operating. Smart contracts specifically have been a huge motivator for crypto and blockchain adoption. This isn’t a book about crypto, but it does signal a change in how financial industries and economic systems are fundamentally operating.

Artificial intelligence (AI) and machine learning (ML) are excellent tools for optimization, and there are few more compelling use cases for AI/ML than the optimization of profits. The financial industry has been leveraging quantitative analysts or quants for a long time. Quants do statistical and mathematical modeling for financial and risk modeling problems and, in many cases, it has been a profitable career for those that were interested in the sexiest job of the 21st century...