AI and Commodities with Felipe Elink Schuurman

This podcast episode explores the current tools and data sources used in commodity trading, with a focus on the role of artificial intelligence (AI) and its potential impact on the industry. The speakers discuss the differences in the tools used by hedge funds and banks compared to other trading companies, highlighting the importance of data quality and the challenges of integrating data from multiple sources. They delve into the realm of AI, specifically Generative AI (Gen AI), explaining its various types and applications. The potential applications of AI in trading, the challenges, and opportunities in the commodities sector are also discussed. The speakers believe that AI will play a significant role in the future of trading, while acknowledging that it is still in the early stages of development. The transformative potential of algorithmic trading and the role of Sparta in providing a digital twin of the market are also explored.