The Disappointing Performance of AI-Powered Funds
The impressive successes of artificial intelligence (AI) algorithms in chess, Go, and other endeavors suggest that computers can be relied upon to make better decisions than humans, and have inspired the launch of dozens of AI-powered stock market ETFs and mutual funds since 2017. However, the performance of AI-power funds has been overwhelmingly disappointing.
Authors
- Gaddis Smith
- S. D. Wyatt
Institutions
- Pomona College (US)
Publication Details
- Journal
- The Journal of Investing
- Published
- 2025-01-29
- DOI
- https://doi.org/10.3905/joi.2025.1.346
- Primary Topic
- Private Equity and Venture Capital
- Type
- article
- Field-Weighted Citation Impact
- 0.00