Numerai is a hedge fund with its own distributed research platform designed specifically for AIs. Richard Craib, Founder, talks about how far the project has come in the last 3 years since he was last on the show.
Numerai, the "hardest data science tournament on the planet". It's a hedge fund with its own distributed research platform designed specifically for AIs. It's the first of its kind and takes a radically different approach to making market predictions. It's completely crowd-sourced and data scientists around the world compete to create the best predictions and get paid with cryptocurrencies. Users are completely blind to the data and Numerai is blind to the code, and the predictive models users generate. The result is a hedge fund which is market neutral, currency neutral, and geography neutral. It makes all decisions solely on the data.
Richard Craib, Founder of Numerai, was first on the show 3 years ago when the project's token, Numeraire, was just launched. Since then they have released a number of additions to the network including Numerai Signals and Erasure Bay, with plenty more in the pipeline.
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This episode is hosted by Friederike Ernst & Meher Roy. Show notes and listening options: epicenter.tv/348