>AI is fa..
Oh it's being integrated into institution of those who actually call the shots. Artists and code monkeys can only cope for so long.
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great now I'm going to have to solve 10 captchas to make an ATM withdrawal
Don't forget a phone number, email address, and mobile app verification sir
Oh no anon, you're not going to have to solve any captures any more, that's the point. The AI will simply blacklist you based on the fact that you browse this site and it gives you a >20% chance of being involved in some crypto money laundering scheme, which it also determined is a higher risk than is worth bothering with.
>Google makes bid to control the entire financial sector
I'm not sure the banks are going to allow this
They are not becoming a bank. They are selling a tool to banks.
What a great idea! Put the AI in direct control of the economy. What could possibly go wrong
Top kek
Implying the current model is in any way better
AI is already at the helm of all trading networks
>he doesnt know
Zoom zoom
Now this is schizoposting
Youre fricking moronic. have a nice day zoom zoom
https://www.wired.com/2010/12/ff-ai-flashtrading/
Of course this is true, what else could you possibly expect?
We've built the entire world around a single incentive: maximizing profit; obviously people are going to leverage everything including AI to that end.
No, seriously, what else did you expect?
Why are you asking me?
You're acting like this is some big secret or crazy conspiracy, while in reality it's the most obvious thing imaginable.
As trading bots get better, they will completely take over the market, simple as.
Nobody is acting like it’s a conflict you fricking moron. This poster
didn’t know ai already control the markets so i posted the best screencap regarding the subject to prove him wrong. Im not “pretending” it’s a secret, you dolt newbie hence why I’m making fun of the zoomhomosexual for “not knowing” hence;
>he doesnt know
Dumb illiterate mongoloid.
Nobody is acting like it’s confidential *
Fixed, not sure how autocorrect butchered that. Must be the mongoloid crowd sourcing for the machine learning in autocorrect
why don't they implement captcha in the stock market?
That's more or less how financial markets actually work, except central bank directors control the narrative switch by making noncommittal noises on TV, and major markets are only open in shifts so someone can babysit the trading algo and roll back transactions if things don't go how the ultra-rich want.
How is this any functionally different than an advanced command economy?
frick homie I ain't reading all that scooby doo shit
Frfr miss me with that shit
>muh zoomer
Hardly anyone who isn't an investor, boomer or zoomer knows about the wall street computers
Non highschool dropouts do, high school dropout.
But I already knew about that shit therefore I'm not a dropout?
Also literally everyone graduated high school you would have to try to fail it
this is one of the best posts I've ever seen on this site. I still love to see it posted
Banks were some of the first groups to use AI. They used decision trees. Simple to use, but training was the difficult part.
Decision Trees and Neural Nets are not better than Ordinary Least Squares Regressions. There's too much overfitting and bias - and too much exposure to Black Swan events.
Not going to deny that. Just thought it was interesting to bring up. Similar to how Sports broadcasters, like Fox, were some of the first people to use computer vision. I don't know the first group, but my guess would be aviation.
>AI is fa..
..ke.
AI is being used as a very broad term for predictive software.
In many cases it is just an iteration of software that was already being used.