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Famous last words for a lot of businesses: >When it comes to AI/Machine Learning: the nature of ____ and markets are drastically different to other fields that
by IIIIIIII 10y ago
Famous last words for a lot of businesses:
>When it comes to AI/Machine Learning: the nature of ____ and markets are drastically different to other fields that AI/ML have previously excelled in. The main reason being what are the laws and rules that govern how an AI/ML should view a field?
>Since the very nature of a market is… a constant change respecting an infinite and broad amount of variables (____), a complex system (repeating exact past actions, will not give you the same results) and a social interaction/conflict regarding an ambiguous ____, it becomes incredibly difficult to determine those laws and rules.
>In physics, mathematics, computer programming, you will always have a safe level of predictability when it comes to certain functions and how they interact to give you a reliable solution. With ____, instead of this safe level, there is just irrationality beliefs; something you cannot model with accurate certainty (just look at how AI/ML would handle predictions for Brexit and Trump, and then, how it would cope with the aftermath).
- deepnotderp 10y agoYup, agreed. Iirc, AI on twitter predicted trump (my own model trained from 2007 and onwards) data. Also, I know for a fact renaissance has been using ml for a while.
- user5994461 10y agoMarkets predictions were at 20% of Brexit and Trump the day before the vote. And moving from 15 to 50% during the week before that. Noting they followed similar patterns. They assessed the risk fine.