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AI and the Market

Posted: Sun Apr 04, 2021 11:15 pm
by bloobs
Reference: ... ock-market

"The movement of markets can appear random. But at the end of the day, most investors are getting their information from the same sources—oil consumption and strike prices, coronavirus infections and Wall Street Journal headlines. Could it be that with enough processing power, it’s possible to discern signals in the noise?

Glickman uses the word “random” advisedly, as if the chaos of the universe is just an illusion, concealing a fundamental, if inscrutable, higher order. “It’s kind of an intellectual cop-out,” he says, “It’s when something becomes so complex that the human mind is overwhelmed by the information content, and the human mind can’t possibly ever understand it.

But that doesn’t mean that some other intelligence won’t. “Despite the fact that you or I might perceive it as being random, there’s nothing random about it,” he continues. “There’s just an overwhelming amount of complexity that’s beyond comprehension for humans, but within the ability of a massive supercomputer to comprehend.”"