Rebellion Research is a hedge fund that uses Artificial Intelligence to invest, being of the mind that computers = smart, man = stupid (It’s pretty clear that human beings aren’t improving,” Spencer Greenberg, the brains behind Rebellion’s AI system, has said. “But computers and algorithms are only getting faster and more robust.”) The firm had around $7 million in assets under management as of 2010 and, according to a recent interview, says it has doubled in size in the last year. Whereas other firms would be content to rest on their laurels, skating by on previous success, Team Rebellion is still hungry. Here's the pitch:
* No group of analysts "can do what head trader/computer Star does"
* "When a human goes through a situation [like the market plunging], it gets fearful; machines don't have the same fear or greed factor as humans"
* Not yet sold? Greenberg claims Star can "improve your love life"