Why generative AI isn't uncovering alpha yet
· 8 min read
In the world of hedge funds, everyone's talking about AI. But recently, Ken Griffin, one of the industry's most respected voices, made a bold claim: generative AI isn't delivering alpha for hedge funds. Instead, it's mainly boosting workflows and productivity.
He's not entirely wrong but he's not telling the whole story either.
Here's the thing: the problem isn't that AI lacks the capability to find alpha. The problem is that most firms aren't giving AI the environment it needs to succeed.