Battle of the Quants III: Blow-by-blow

Feb 5th, 2009 | Filed under: Today's Post

We have moved the cast and crew of AllAboutAlpha.com down the street today from the Metropolitan Club to cover the “Battle of the Quants III“, an increasingly popular event that attracts both financial rocket scientists and mere mortals like your humble scribe.

Ray Kurzweil is billed by Wikipedia as an “inventor and futurist”.  And they’re not making it up.  He invented one of the first music synthesizers, the first flat-bed scanners and the first speech recognition software and has been recognized by three US Presidents, has written 4 best selling books and has several honorary doctorates to his name.  He also runs what he calls “a high frequency quant fund”.  He addressed the crowd of 100 on the topic of “accelerating pace of change” and “21st Century Technology and financial markets”.

Kurzweil is also well known for his views on “technological singularity” – the increasing frequency of so-called “Paradigm Shifts” over the past billion years and the ensuing exponential growth of information technologies.

On technological advancement: “Health and medicine is now an information technology.  The Human Genome is the software.  Now health – like other information technology – will begin to advance exponentially.”

On faxing physical objects: “In the future everything will be an information technology.  Someday, we’ll More…


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