Why JP Morgan, Daimler Are Testing Computers That Aren't Useful Yet
Why JP Morgan, Daimler Are Testing Computers That Aren't Useful Yet
Business, Spoken · SpokenLayer
February 7, 20186m 27s
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Show Notes
JPMorgan Chase has plenty of “quants” who hunt profits with computers. In 2018 the bank is adding employees you might call quantums. The computers they’ll use work on data using the intuition-defying processes of quantum mechanics. America’s largest bank by assets is forming a small group of engineers and mathematicians to examine how quantum computers could help in areas such as trading or predicting financial risk.
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