ai an the future of society

Nikola Milosevic

AI and the future value

How (or does) AI can help?

Revolution from the past

Key: Automation

Research fields

Population and jobs

Some jobs vanished

Some jobs appeared

Some will potentially disappear

Some jobs will appear

• Drone Traffic Optimizers

• 3D Food Printer Chef

• Augmented Reality Architects

• Driverless “Ride Experience” Designers

• Molecular Gastronomists…

Will machines destroy us?

Will machines destroy us?

AI as a tool

• Entertainment

• Productivity

• Knowledge

• Information

• Reasoning

• Accessibility

AI & Finance

• Features of investing:• Analysis of company – financial data, fundamental data, news

• Data publically available

• Machines proved in other domains power to read and infer from data

• Machines are better in analyzing numbers (much faster)

• Machines are good in finding patterns

• Machine learning algorithms can be adoptable

Who is intelligent investor?

• Already hedge funds are adopting ML & AI strategies

• Some investment banks as well

• Still lack of trust in AI

• Who is responsible if something goes wrong?• Fund manager?• Investor?• Data scientist?• Developer?• Data?• Computer?

nikola.milosevic@manchester.ac.uk@dreadknight011