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IIIIIIII | 9 years 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).

discuss

order

user5994461|9 years ago

Markets 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.

deepnotderp|9 years ago

Yup, 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.