per Bloomberg it looks like they stopped reporting performance in Nov 2022. So they might have shut it down. Also, only one person on BBG now.
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Can AI and a supercomputer beat the markets?
- Thread starter Tiney Winey
- Start date
per Bloomberg it looks like they stopped reporting performance in Nov 2022. So they might have shut it down. Also, only one person on BBG now.
trading is not about intelligence
or knowledge
everyone knows what the market does .
trading is about management of that knowledge... not knowledge or intelligence it self.
or knowledge
everyone knows what the market does .
trading is about management of that knowledge... not knowledge or intelligence it self.
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.
Total value of global stock markets + bond markets + commodies market = approx $500 Trillion
$500 Trillion.
That is unleveraged size, then you can add leverage (futures and options etc) on top of that.
And i didn't even include the FX markets.
When big market moving events happen, geo political & economic events, black swans, crazy bubbles and nasty bear markets. The likes of Bridgewater, Citadel, Man, Renaissance etc, they are all pissing in the wind/hurricane. The markets are just way too big. Sure these firms will make a killing during those times, but there will be more than enough windfall profits around for every other trader as well.
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Hello Tiney Winey ,
Anybody can beat the market year to year, you don't need an algo to do this.
The AI I've seen in practice has been applied to market-making and a number of forms of hedging. It's mostly just "learning" and data harvesting.
If a shop is using it to trade actively - why would they talk about it other than to create marketing spin?
I expect the learning function will be the uptick and at some shops replace in-house technology
If a shop is using it to trade actively - why would they talk about it other than to create marketing spin?
I expect the learning function will be the uptick and at some shops replace in-house technology
They don't. The thing is however, over the next few years, the algorithms they're using now will be stone age.
There is so much more to it than just numbers. Predicting elections, changes in weather patterns, changes in consumer tastes... knowing where we'll be tomorrow and a year from tomorrow with an accuracy (that while it'll never be perfect), has heretofore never been seen, and will only get better and better and better with each day that passes.
We are at the tip of the iceberg here. The magnitude of this curve is unfathomable. Think Moore's Law---> squared. That's what's going to happen. This time however, unlike Moore's law, it's not about the processing power of data that is boiled down to zero's and ones.... it's about the processing power of all human intelligence to date. Squared.
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.
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.