Ask a Caltech Expert: Yaser Abu-Mostafa on AI and Finance

Can AI Predict Economic Downturns? There has been a symbiotic relationship between financial institutions and the artificial intelligence community since the 1980s. That's when the field of neural networks started in earnest. Although there was lots of activity, we can see in hindsight that neural networks did not reach their full potential owing to the lack of computational resources and lack of abundant data. [Caltech story]