Cliff Asness on how #AI changes quantitative investing #stockmarket #shorts

If you're going to use AI in your process at all, almost by definition, you are going to lose a little intuition. You know, we've always prided ourselves on the balance of we intuitively understand why we think this makes money and the evidence that it makes money. But if you weren't giving up some intuition, what the heck is the AI doing.If it's simple and you could have just seen it with the naked eye, it's hard to imagine it's it's helping. Um but let me give you a concrete example. We like good momentum ...