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Even with AI, humans still crucial in investing

When it comes to managing long-term portfolios, there are too many moving parts in financial markets for Artificial Intelligence to get its mechanical head around.

For advocates of AI like finance professor Campbell Harvey, the ability to gather data and put it to good use seems to be unlimited. He expects great strides in machine learning in the decades to come, allowing AI to assume a major role in how funds are managed and by whom.

MACHINES are starting to take the place of the people who flip burgers, drive across town and, lately, manage stock portfolios.

Artificial intelligence (AI) is taking on a bigger role in making investment decisions.

AI, including an ability to analyse data and actually learn from...

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