Search for “AI investing” online, and you’ll be flooded with endless offers to let artificial intelligence manage your money.
Many prominently suggest that they can offer lucrative returns.
Yet as every reputable financial firm warns – your capital may be at risk.
Despite risks, a sizeable number of investors are seemingly keen to let AI make decisions for them.
Business psychologist Stuart Duff, of consultancy firm Pearn Kandola, says some people simply trust computers more than other humans.
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Jim Simmons company Renaissance has been doing this for years. This isn’t new
I don't know what he said i only focus in his ears!! uncanny
Generative 'AI Hallucinations' should make for an interesting and volatile stock market.
people dont realize that this current era we live in will be the most significant , iconic and monumental time man has ever live through. This comment will be ancient and people in the future will read this because they will be searching the internet about the history of their modern futuristic technology and environment and how it all unfolded.
So the only way to earn money in future ai world is by trading using ai
Ai this Ai that
It will collapse financial institutions
2 people not knowing anything about ai
Very interesting. But she should speak slower. I dont like her tone
What a amazing speaking skill and body language , I become fan of her .😮
Blind leading blind.
HFT/Quant funds are doing this since the internet. Its literally old news. Imagine unlimited cash and the best talent. Do you really think that Blackrocks Alladin did not implement an propriatary LLM when Google released the paper "Attention is all you need"?
That host reporter looks familiar. I reckon I saw him in one video in a website I visited last night 😏
It is a serious risk that, at some point, the AI trading bots decide to intentionally short everything down 99%, then rebuy everything for 1% of the price. If the AIs could syndicate a lot of money, it is possible. Brrrr….!
Very interesting points mentioned during the interview. I suppose that when you want to descover something, especially in technology and science, it is better to make mistakes at the begining and create laws putting the mistakes as core. I think it is better to be more careful when it comes to AI, because it may cause some issues in societies, because some people and specialists which spent their lives studing a specific subject might loose their jobs to AI. This issues might create unstable balance in job market.
Imagine create an app in VP and connect that app with your AI hand to function. That would be a very good mix-up
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My sincere thanks for sharing it.
Already happening
Wallstreet has been attempting to use AI for years without much sucess
Europe and the UK's economies are a joke…this news is meaningless
West is so afraid of AI.
haha AI could give out wrong information … you dealt with a trader?