Personal Wealth Management / Market Analysis
Fisher Investments’ Founder, Ken Fisher, on Whether AI Will Lead the Next Investment Wave
Fisher Investments’ founder, Executive Chairman and Co-Chief Investment Officer Ken Fisher shares his thoughts on whether artificial intelligence will become a prominent tool to help investors gain an advantage. Over the course of his investing career—spanning more than half a century—Ken says he has seen investors pursue many technological fads in search of an investing edge—none of these fads have had a lasting impact on markets.
Like technological advancements of old, Ken says artificial intelligence is bound by the rules that create it. While ‘new’ tools can help decipher economic data in different ways, Ken believes artificial intelligence will always lack insight into the human element that ultimately drives markets. Though artificial intelligence may not fundamentally change the world of investing, Ken thinks it might help investors better understand potentially risky strategies and avoid some pitfalls.
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