Tag: Machine Learning

7,500 Faceless Coders Paid In Bitcoin Built A Hedge Fund’s Brain

Richard Craib is a 29-year-old South African who runs a hedge fund in San Francisco. Or rather, he doesn’t run it. He leaves that to an artificially intelligent system built by several thousand data scientists whose names he doesn’t know. Under the banner of a startup called Numerai, Craib and his team have built technology that masks the fund’s trading data before sharing it with a vast community of anonymous data scientists. Using a method similar to homomorphic encryption, this tech works to ensure that the scientists can’t see the details of the company’s proprietary trades, but also organizes the data so that these scientists can build machine learning models that analyze it and, in theory, learn better ways of trading financial securities.

Full article on Wired

How Machine Learning Will Help Attackers

Inside McAfee Labs’ predictions (PDF) for 2017 is this: criminals will use machine learning to analyze massive quantities of stolen records to identify potential victims and build contextually detailed emails that very effectively target these individuals. In short, just as defenders use machine learning to detect attacks, attackers will use machine learning to automate attacks and evade detection.

Read the full article on Security Week