Can AI and a supercomputer beat the markets?

Laissez Faire said:
I've had the same thought, but hope and think it's incorrect. Renaissance and similar are already using fairly sophisticated machine learning models.

Arguably, technology should be at the most sophisticated ever at the moment, yet volatility over the last few years have been much greater than it was post financial crisis well over 10 years ago by now.

So, if technology is at it's most sophisticated at the moment why isn't volatility lower already?

If intraday volatility were to go away, I think a requirement would be a completely stable world where everyone in the world had the same objectives, time horizon, information and fully agreed on fair value at any moment. I have a hunch that ain't going to happen anytime soon.

But I may easily be wrong.
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I think more AI will cause more volatility instead of less. Imagine all option traders are like @destriero, trying to outsmart one another.
 
vanzandt said:
I don't know about "beat".... but I suspect in less than a decade's time, the intraday volatility that we all enjoy now across any basket of stocks, futures, or indexes, .... is gonna go away.
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If true, then the reduced (intraday) volatility will allow for more leverage. More leverage will contribute to...oh, wait.
 
Overnight said:
Because he spoke with me on a voice call and tried to baffle me with his BS. Have you ever spoken with him? No?
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It's hardly his fault, he speaks Albrooksese, a circular, go-nowhere language. If you couldn't understand what he was saying or pin him down on anything, then you have to take a moment and admire his fluency.
 
Overnight said:
You are a useless idiot.

I have managed the knowledge and am now more profitable in trading that I ever have been, And it is not by trading.

You are such a dumb phuckery.

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why are you looking in mirror and commenting here?
 
Overnight said:
Because he spoke with me on a voice call and tried to baffle me with his BS.
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So you throw that out here for all to read?
Regardless of what he "tried to baffle you with"... this goes back to the same thing I mentioned to you a while back about you getting pissed off at people and then throwing something back in their face that they shared with you via a pm before before you had a falling out.

I mean whatever, but if you were in the mafia or something, you'd have been wearing cement shoes at the bottom of the East River long ago. It's no way to build trust dude.
 
vanzandt said:
I mean whatever, but if you were in the mafia or something, you'd have been wearing cement shoes at the bottom of the East River long ago. It's no way to build trust dude.
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I'm beyond that now. I call anything like I see it.

And I have mentioned the shit about me and padu WAY before you noticed it just now. By like 3 years.
 
Overnight said:
I'm beyond that now. I call anything like I see it.

And I have mentioned the shit about me and padu WAY before you noticed it just now. By like 3 years.
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Yeah but do you have a scratch handicap? Babu does. And I made $100K today. :rolleyes:
 
vanzandt said:
Imagine if both your right hand and left hand each held a brain in them. The left hand holds the technical brain, the right hand holds creative brain. You take the brain in your left hand into the Library of Congress and in a matter of a few hours it has read and digested every book in there on every subject there ever was. Something that no human could do in ten lifetimes. While it's doing that, the other brain is chilling, digesting all the things in this world that can't be quantified in words or formulas. The esoteric's of our very own human existence, mined from billions of data-points readily put forth on social media etc. When they're done, you combine the two and then submit them to an even bigger brain to make sense of it all. That's AI, and for better or worse, that's what lies ahead. Scary, but true.

How's that old toast go? "May you live in interesting times." Well aren't we lucky, because we are there folks. Give it time, you'll see.
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That's a salespitch from the 90s.
 
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