Under her leadership, County NatWest became an acknowledged leader in quantitative, global investment management. Mathematical and statistical analysis is paramount when manipulating the mass of new information that is becoming available. Five years ago, Downton flew to Hughes Research Laboratories in Malibu, California, where she modeled her global bond-investment approaches and insights for a team of nerds and developers. But it isn't artificial intelligence that troubles Downton's sleep. We are a long way from the ability to divorce machines from experts.
Artificial intelligence frees experts to do other things.
What worries me is the hype that still surrounds the new economy.