Quantitative investment and trading ideas, research, and analysis.
Tuesday, December 19, 2006
Another limitation of artificial intelligence and data mining
Sometime ago I espoused my views that AI and data mining techniques may not be suited for predicting financial markets. Here we have an article from the Chief Scientist at IBM's Entity Analytic Solutions Group who believes these techniques are not fit for counterterrorism either. Why? The same reasons I mentioned: not enough historical data.