When Microsoft launched its chatbot Tay in 2016, the inputs from users notoriously steered the bot into spewing out hate speech. Tay was hurriedly bundled offline – and has yet to reappear.
Now, like so many in the vanguard of artificial intelligence, investment managers are busy trying to teach their bots the nuances of interpreting text – but, like the tech giant, their journey to success is set to be a long one.
NLP, or natural language processing, is a buzzy area in investing. Buy-side quants
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