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Statistical AI and Language Models
Bridgewater CEO: AI could generate theses or ideas that can then be rigorously fact checked by either humans or existing algorithms and data sets. "It's definitely true that it's going to change the roles that investment associates play," he says. Bridgewater is now using GPT, a machine-learning tool used in hedge fund trading for its own purposes. The company has raised more than $1 billion from investors so far this year as part of an initial public offering.