elainegrey: Inspired by Grypping/gripping beast styles from Nordic cultures (Default)
elainegrey ([personal profile] elainegrey) wrote2017-09-28 10:23 am

(no subject)

No comment is made in this article on the irony of the organization "Man Group" fostering an AI

At least, i didn't find it on my skim.

H/T Matt Levine's Money Stuff newsletter, which is filled with adorable snark about blockchain and silicon valley.
weofodthignen: selfportrait with Rune the cat (Default)

[personal profile] weofodthignen 2017-09-28 05:20 pm (UTC)(link)
Interesting. I didn't know about the 2010 Flash Crash (that doesn't look like a very good Wikipedia article).

I note that they disincentivize applying strategies that humans already use, so why are they surprised the AI does surprising things?

I am thrilled there might be less employment for MBAs in future. Computer scientists aren't much better but I don't think they've damaged academia as much.

M
amaebi: black fox (Default)

[personal profile] amaebi 2017-09-28 09:07 pm (UTC)(link)
I have read the article with interest*, but I don't understand the irony. Is it Man v. Machine, maybe?


* They don't specifically say, but I gather their approach is a price history approach and not a value approach. Hello, bubbles!**

** Let me note how much I want a Tobin tax on stock market transactions.