Hortz: What are your main conclusions?
Bruce: Oversight of AI requires proper diligence and understanding of its limitations. Boards need at least one member that has experience or knowledge of AI if they hope to govern the AI funds properly.
Hortz: What other research or Additional Reading do you recommend for deeper understanding of these investment strategies or tools?
Bruce: I particularly like the following CFA Institute piece because it is comprehensive. Our study is the only one we know of that addresses these issues for boards.
Artificial Intelligence in Asset Management by the CFA Institute
The link to my study we have been discussing was published on the Mays Business School Innovation Research Center.
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