Читать книгу Impact of Artificial Intelligence on Organizational Transformation - Группа авторов - Страница 47

So, let us make an effort to understand how does AI apply to the stock markets and stock trading? For a technology which specializes into number crunching and analyze that data to predict the future, AI is a natural fit for the world of finance. In stock market every day, a lot of data is generated regarding lows, highs, volume of trade, etc., which is used by the analysts to predict the future movements of stocks. A combination of deep learning along with machine learning allows financial firms to analyze not only stock price fluctuations but also unstructured data that reveals patterns of behavior that may have not been perceptible by a human [13]. This paves way for a new level of accuracy in trading decisions that goes beyond traditional investing strategies. Of course, these are just some of the known usages of AI. Stock markets around the world have realized the application of AI and begun to shift their focus toward bringing in AI experts from Information Technology sector to the world of hard core finance and investment. This competitive uproar has led to companies to move forward and apply this technology in relation to real-world investing applications.