as flawed as human maybe, as compared to the perfection of god, if there is one... the point is a less flawed machine can certainly replace humans in most jobs, which was the original point of argument.
OK I'll bite, lets shoot the breeze and argue for fun... Wouldn't the above point be refuted by the mere fact that technology is at its current zenith but unemployment is at its all time lows? The USA might want to let the world know that there are now no more jobs in the USA and as we head into inning 4 (whenever that is) there will be even less jobs in the future. Have you built a house, or hired a plumber, or electrician, or been to a mechanic for your self driving car lately? Don't think that workers cant stick it to the man/haves if they want to.
alphaZero conquered the most complex game in Go, and found the truth of chess in less than 4 hours of self learning, from scratch... numerous examples in medical, transportation, pharma etc areas already.... 3rd inning.. much more to come.
Awesome, can alphaZero unclog my toilet or plant a fruit tree in my garden for me or will that come in 9th inning. I can state absolutely that simple automation, AI, ML, big brother data mining and grandiose post dated checks are not going to solve the hard problems of human existence - birth, death, old age and disease, even with extra innings. I think we all would like life to have fixed rules like GO or Chess, it would make things so much easier.
we can shoot breeze and argue for fun.... the smart money is already taking action... amzn is going up everyday... the data it has... the future will be order-less supply chain... it knows how you work and live and it sends stuff to your door without you even have to figure out what to buy... traditional retail has no chance.
The smart money was involved with AMZN at the VC and IPO levels not at this price. Instead of giving a Gold Star to AMZN for doing what Henry Ford did hundreds of years ago I prefer to just buy something at the local farmer's market vs support invidious consumption, but that's just me.
going further off the topic now... but is also on topic as this is a trading forum after all... the goal is profit... and I really think people need to work smart, need to open eyes and see what is going on.... the FAAMG machines are doing all the smart calculations as we speak to perfection...
The above suggestion is for people to do fundamental analysis, which is also back-testable by the way, about companies that are doing back testing. I am not sure the OP is really concerned FA in regards to the systems he wants to get back tested. I could be wrong.
back testing, that sort of stuff, lots of hard work, sweat and blood, starting from 'hello world', then what, a few indicators, a few patterns, profit factor, sharpe, blah blah, been done by millions of people already... in this environment, pointless.
You do know that the statement above again kind of refutes everything you are saying about why FAANG related AI is so awesome. Because basically they are just back testing larger data sets. HEY EVERYBODY DON'T BACK TEST THE MARKET BECUASE THE AWESOME STOCKS IN THE MARKET THAT ARE DRIVING IT UP ARE ALREADY BACKTESTING OUR PERSONAL INFORMATION. SCREEEEEEEEEEEEEEEEEAM!!!!!!!!!!!!!!!!!!
Just killing time and amusing myself here Dozu888. I know you've been around a long time and I know you are consistent in what matters, as you mentioned - profits.
Peace
zenith of 3rd inning is not enough to replace most of today's job yet.
alphaZero doesn't unclog toilets, need robots for that, which is a parallel development with AI.. check the Boston Robotics stuff... in the 1st inning maybe.
not necessarily at AMZN IPO, Bezos himself didn't know it would turn out like this today.
yes with a very wide stroke of brush you can categorize back testing with machine learning, but the degree of sophistication is night and day... the point is don't take a knife to a machine gun fight
