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How Smart Beta ETFs of the Future Will Use AI

Anyone who does not have QC as part of their 5+Yr Roadmap for IT are truly exposing their company as well as shareholders and customers. China, Russia, Cartels, DarkNet, etc. will use the technology to extort victims, destroy companies, economies, and complete countries where folks have not planned, budget, skilled up, and prep for full replacement of their infrastructure and Net access. Not to mention companies who have this infrastructure will provide better services/ CCE to svc. consumers.


In a recent article, we highlighted a smart beta ETF called the “Sprott BUZZ Social Media Insights ETF” that uses artificial intelligence (AI) to select and weight stocks. If we stop and think about that for a moment, that’s a pretty cool use of AI that seems well ahead of its time. Now we’re not saying that you should go out and buy this smart beta ETF right away. It uses social media data. We know that on social media, everyone’s an expert and many of the opinions that are stated are just that, opinions. However some of the signals may be legitimate. Someone who just bought Apple is likely to go on telling everyone how bullish they are on Apple shares. Bullish behavior is often accompanied by bullish rhetoric. And maybe that’s exactly the point, but the extent to which we’re actually using artificial intelligence here is not that meaningful. Simple scripting tools go out and scrape all this public data and then we use natural language processing (NLP) algorithms to determine if the data artifacts have a positive or negative sentiment. That’s not that intelligent, is it? This made us start to think about what it would take to create a truly “intelligent” smart beta ETF.

What is Smart Beta?

We have talked before about how people that work in finance love to obfuscate the simplicity of what they do with obscure acronyms and terminology. Complex nomenclature is suited for sophisticated scientific domains like synthetic biology or quantum computing but such language is hardly merited for use in the world of finance. We told you before what beta is. Smart beta is just another way of saying “rules based investing” which has in fact been around for centuries, but of course we act like it’s new and start publishing all kinds of research papers on it. In fact, a poll offered up by S&P Capital IQ shows that even 1 out of 4 finance professionals recognizes the term “smart beta” to be little more than a marketing gimmick:

PLOS Synthetic Biology Community

The field, or at least the widely used term, of synthetic biology (synbio) started nearly two decades ago. As the field has matured, two PLoS ONE papers have analyzed the publishing data to look at trends, language, and connections among synbio researchers. This data provides snapshots of who’s publishing, what kind of research is being published, when it’s being published, and where it’s being published. The question of why is certainly open for interpretation but the growth dynamics of synthetic biology publishing can give some sense of why a the term has stuck as a useful unifying term.

In 2012, researchers used Thomson Reuters Web of Science publishing data to map where people are publishing synbio research, how those people are connected, and who’s funding it. More recently, three French researchers also used data from the Thomson Reuters Web of Science to assess how synthetic biology the different areas of synthetic biology have grown and interacted.

Both of these papers draw interesting pictures of how new terms and ideas spread within an new umbrella term for a kind of research. Together these two papers paint give us some answers to the ‘Who, What, When, Where, & Why’ of synthetic biology.

As In The Days Of Noah—New Synthetic Biology Factory Will Design, Build, And Test Exotic New Lifeforms

Why compliance exist.


Gingko Bioworks launched their new laboratory last month—an automated “factory” that mass-produces genetically modified organisms. The organism company’s tagline is “Biology By Design,” and it aims to deliver just that in their second foundry, which is equipped with numerous robots that mash together huge batches of genes to churn out new and exotic lifeforms […] Gingko is ambitiously working through the complexities of biology and genetics to create these experimental organisms. The company boasts of a design-build-test cycle: gene-enzyme mixes designed from the company’s scientific database is put together in a hundred different ways, and the “mashup” that services a client’s needs best is accepted as the new organism’s genetic profile. Their new liquid-handling robots like the Echo 525 make large-scale experimentation possible. (READ MORE)

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10 companies that want to make chemotherapy easier for patients — Bioquark Inc.

Bioquark Inc. (www.bioquark.com) mention on CNBC — the best way to make chemo easier is to eliminate the need for it forever!

Affordable EEG biosensors to control physical things

It seems that biofeedback is a thing of future. By having brain activity feedback, you can train meditation, attention, improve sleep, control gadgets, artificial limbs, carts for impaired, and even computer I/O. Everything starts with proper biosensor and controller. Biological signals are very low voltage – microvolts. In order to distinguish them from noisy environment, a precision electronics is required. Brain activity signals are somewhat different from myograms or ECG, they can be analyzed as power spectrum that represent brain activity phases like Alpha, Beta, Theta. There has be a numerous modules developed to acquire brain signals. If you want low to develop sensors by yourself, you could grab a Neurosky platform which is a small size PCB with sensor and microcontroller interfaces.

neurosky

With it you can read raw EEG signals with sampling 512Hz and do with them what you want. USART interface enables you to connect it yo Arduino or Raspberry Pi where you can calculate all sort of things and extract control signals. Of course you can read processed power spectrum as well to detect activities like attention, meditation and other activities. Eye blink detection is also an option. Great thing is that you can use this module to read ECG activity as well. Module incorporates AC noise filter which can be configured for 50HZ or 60Hz.

The 4 big ethical questions of the Fourth Industrial Revolution

We live in an age of transformative scientific powers, capable of changing the very nature of the human species and radically remaking the planet itself.

Advances in information technologies and artificial intelligence are combining with advances in the biological sciences; including genetics, reproductive technologies, neuroscience, synthetic biology; as well as advances in the physical sciences to create breathtaking synergies — now recognized as the Fourth Industrial Revolution.