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AI and ETFs: the machines are coming (but not always winning)
人工智能和ETF:机器来了,但并不总能跑赢大盘

ETFs using machine learning and natural language processing to pick stocks do not consistently outperform indices . . .  yet
使用机器学习和自然语言处理来挑选股票的ETF并未总是跑赢指数。

The machines are coming. Artificial intelligence can write songs, converse, and code — but can it supplant investment managers? While a growing number of AI-driven ETFs are trying to prove that it can, many are still struggling to outperform funds whose shareholdings are determined by humans or by companies’ market values.

机器来了。人工智能可以写歌、交谈和写代码——但它能取代投资经理吗?尽管越来越多的人工智能驱动的ETF正试图证明它可以做到这一点,但许多ETF的表现仍难以超越那些由人类或公司的市场价值决定持股量的基金。

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