• Zarxrax@lemmy.worldEnglish
    10 months

    I could care less if it beats someone on data that already happened. Let me know how it does going forward. My guess is that it won’t beat an s&p500 index fund.

  • skip0110@lemmy.zipEnglish
    10 months

    It “made” the money based on a backtest. It means nothing.

    • sqgl@sh.itjust.worksEnglish
      10 months

      Depends on whether the AI is cheating by using data more recent than the trade date.

      Will take longer to run it in real time and get meaningful results (I presume).

  • hendrik@palaver.p3x.deEnglish
    10 months

    What kind of AI? An LLM? Because I can see how hindsight would be hugely beneficial for stock trade. And if they used a model with knowledge from 2024 on data on 1990…

    • doodledup@lemmy.worldEnglish
      10 months

      A language model is for language. Zero chance they used an LLM.

  • RedditIsDeddit@lemmy.worldEnglish
    10 months

    for what it’s worth “AI” has been making trades around the clock for quite a long time now it’s just getting better. but it’s not the AI that you’re thinking of in the modern context like an llm these are very specific logical trading bots.

  • Justin@lemmy.jlh.nameEnglish
    10 months

    Can we stop letting chatbots make economic and administrative decisions, thanks

    • REDACTED@infosec.pubEnglish
      10 months

      What makes you think this was LLM? From reading the article, it sounds like something else.

  • MCasq_qsaCJ_234@lemmy.zipEnglish
    10 months

    If an AI can emulate Renaissance Technologies’ Medallion Fund and do so on a large scale in the future, that would be a great step forward, but only a few would be able to do so.