Artificial Intelligence

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Artificial Intelligence

The creation of models that mimic thought processes. See: Neural Networks, Fuzzy Logic, and Genetic Algorithms.

Artificial Intelligence

Any computer program that seeks to imitate human thought. Artificial intelligence is useful in making some investment decisions because it eliminates emotional trading and is able to make most calculations more quickly and accurately. As a result it is often used in some more complex investment strategies, notably arbitrage.

artificial intelligence

The ability of a computer program to evaluate data and make decisions according to parameters set out in the software. Automated underwriting software is a type of artificial intelligence. The increasingly popular AVM—automated valuation model—uses artificial intelligence and related property data to create appraisals for lenders and for the IRS.