AI-powered
podcast player
Listen to all your favourite podcasts with AI-powered features
The Alternative Data Podcast
The 2nd Abraham Thomas Episode
Oct 5, 2024
Abraham Thomas, co-founder of Quandl and a seasoned angel investor, returns to discuss the seismic shifts AI and large language models bring to alternative data and hedge funds. He dives into how these technologies could reshape investment strategies, pinpointing potential winners and losers in the process. Abraham shares his journey as an angel investor, emphasizing data proliferation's impact on business models and the nuances of leadership in an AI-enhanced finance world. He also explores the future of alternative data sourcing and its implications for market players.
01:00:31
Episode guests
AI Summary
AI Chapters
Episode notes
Podcast summary created with Snipd AI
Quick takeaways
- AI and large language models are reshaping the finance sector by automating data processes, enhancing productivity, and changing job roles significantly.
- The increasing value of unique and high-quality data assets in finance necessitates proprietary datasets to maintain a competitive edge.
Deep dives
The Role of AI in Finance and Alternative Data
AI and large language models (LLMs) are significantly impacting the finance and alternative data sectors by shifting the dynamics of data usage and software development. The exponential growth in data generation, fueled by lower storage costs, has transformed business models, particularly in advertising and e-commerce, where user-generated content is tied to profitability. AI not only consumes massive amounts of data for training but also generates synthetic data, creating a feedback loop that accelerates this trend. This dual role of AI necessitates that financial firms reassess their strategies, as those with unique data assets are likely to have a competitive advantage.
Get the Snipd
podcast app
Unlock the knowledge in podcasts with the podcast player of the future.
AI-powered
Discover
highlights
Listen to the best highlights from the podcasts you love and dive into the full episode
Save any
moment
Hear something you like? Tap your headphones to save it with AI-generated key takeaways
Share
& Export
Send highlights to Twitter, WhatsApp or export them to Notion, Readwise & more
AI-powered
podcast player
Listen to all your favourite podcasts with AI-powered features
Discover
highlights
Listen to the best highlights from the podcasts you love and dive into the full episode