Inventors hope artificial intelligence will pick stocks

Ray Kurzweil, an inventor and new hedge fund manager, is describing the future of stock-picking, and it isn't human.

"Artificial intelligence is becoming so deeply integrated into our economic ecostructure that some day computers will exceed human intelligence," Kurzweil tells a room of investors who oversee enormous pools of capital. "Machines can observe billions of market transactions to see patterns we could never see."

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