Quartz is illuminating the varied and fascinating potential of artificial intelligence in a new streaming video interview series: Quartz AI Factor, filmed on location at the Nasdaq MarketSite (NDAQ).
Every week, we’ll interview industry leaders from across sectors and discuss how AI is shaping the present and future of business.
For our first episode, we spoke with Doug Clinton, CEO of Intelligent Alpha, an investment firm that uses AI to develop leading investment strategies. Debuting on the Nasdaq with its Intelligent Livermore ETF (LIVR) last month, the firm is the first to use top-of-the-line generative AI models — OpenAI’s ChatGPT, Google’s (GOOGL) Gemini, and Anthropic’s Claude — to construct its investments.
“The only way to stay ahead is to keep your pace of innovation high,” Clinton said. “And one mantra we’ve always sort of lived by is that, for Intelligent Alpha, we’re the first to build our firm entirely using these large language models to do our investment process. And I think, by nature, that puts us in the lead, because we’re first. But that also means we have to keep moving faster than everybody else.”
“If we can do that, if we can keep moving faster than all the competition that will come by nature, we will stay in first,” he added. “But it’s going to take a lot of work.”
Clinton took us through how AI will change the playing field for investors, the “unemotional intelligence” of AI tools, and the importance of maintaining that human layer. He also discussed what big-picture changes could take place over the coming years with the help of the burgeoning new technology.
Watch the full interview above, and visit qz.com next Tuesday morning for the next episode of Quartz AI Factor.
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