Visiting Professor Paul Bilokon of Imperial College discusses the limitations of Harry Markowitz's 1952 Portfolio Optimization Model. He delves into issues such as non-stationarity in financial time series and proposes modern AI-based solutions like reinforcement learning and multi-armed bandits to address these challenges. The conversation also explores the impact of AI on the quantitative finance workforce, the critical need for explainable AI, and strategies for synergistic human-AI collaboration.

Save the date! QuantMinds International returns to London, 17-20 November 2025.