Market impact of real-world events: Kensho, the financial guru answers
Over the past few years jobs in the manufacturing sector have been impacted by big data and automation. In the not-too distant future, the pressure could shift to the financial services industry.
You can ask a question saying the NASDAQ fell 10 points or 1000 points today. Should I buy some gold? It will then share its analysis on what you should do and what you should not do within minutes. Says Abhishek Bhattacharya, vice-president, Sapient Global Markets: “ Kensho has models based on historical data and they will run your questions through that model and tell you what should happen and what is the co-relation between NASDAQ and gold. So if the NASDAQ falls, does gold rise? Do they go together?”