The World’s Largest Hedge Fund Is Building an Algorithmic Model From its Employees’ Brains

Wall Street Journal ^ | December 22, 2016 | Rob Copeland and Bradley Hope

[C19fan]

Deep inside Bridgewater Associates LP, the world’s largest hedge-fund firm, software engineers are at work on a secret project that founder Ray Dalio has sometimes called “The Book of the Future.”

The goal is technology that would automate most of the firm’s management. It would represent a culmination of Mr. Dalio’s life work to build Bridgewater into an altar to radical openness—and a place that can endure without him.

At Bridgewater, most meetings are recorded, employees are expected to criticize one another continually, people are subject to frequent probes of their weaknesses, and personal performance is assessed on a host of data points, all under Mr. Dalio’s gaze.

[C19fan]

Skynet for a Hedge Fund.

[PGR88]

its employees are also full of human failures - greed, envy, jealousy, sexual perversion, addiction, etc...

Any machine using people’s thought patterns would include the same.

there is nothing new under the sun.

[Bloody Sam Roberts]

I can see why they would have to use their employees' brains to build an Algorithmic model.

Because, everyone knows, Al Gore has no brain.