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/biz/ - Business & Finance

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57401289 No.57401289 [Reply] [Original]

>why can't AI perform superhuman daytrading yet?
They're beating world chess masters and pro SC2 players, I feel like it could handle some simple pattern recognition. Coked out wallstreet finance bros are able to pattern recognition their way to billions in gains for their firms. How a savvy developer couldn't just makes a million small profitable trades an hour or several large big plays a day is beyond me

>> No.57401311

>>57401289
>couldn't just make an AI software that makes a million small trades*

>> No.57401382
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57401382

>>57401289
they can.
what do you think the hedge corp Jew barons are using to make big bank plays and fuck the common man in the ass?
it's not just Talmudic sorcery at work, it's AI as well.

normies aren't able to access it for various reasons.
1. the cost of sourcing and storing data for all stocks at every level of granularity going back more than 5 years would probably put you in the poor house with overhead costs.
2. you could use generic ML models for pattern recognition, but pattern recognition doesn't factor in real world events that impact stocks, like a fuselage flying off of a 737, or Elon getting drunk and tweeting gibberish at 5am.
3. building your own models is harder, but maintaining them is a motherfucker. constant training and validation is costly and model drift is a problem you will were to account for.

all these problems can be washed away if you have a big enough money hose though.

>> No.57401437

>>57401289
Pattern recognition? Insider trading and securities fraud lmao

>> No.57401450

>>57401437
I mean yes thats the bulk of it, but they still have day-to-day minutiae of actual daytrading to do

>> No.57401452

>>57401289
It does. Do you think humans are the ones making millions of micro transactions a second on the market? It’s all AI generated, humans merely monitor things to make sure the numbers go up.