Trading the stockmarket (NO Referrals)

[arknor]

If thats the case its a game changer that is hard to argue with, surely consistent strong demand will occur.

It's basically pattern recognition though, not something we need amazing AI for.
it's just an algorithm it's not AI


missiles were temeplate matching god knows how many decades ago, it's basically the same thing at a far higher image resolution.

Hilarious that anyone would think AI is a fad.

it's not real AI either though is it, it's machine learning which has been around for god knows how many decades, 50s?

 

[fez]

Hilarious that anyone would think AI is a fad.

Its not a fad but its basically the dot com bubble all over again. Just because a technology can be transformative, doesn't mean that its not ridiculously overvalued and overhyped in its current iteration.

 

[200sols]

All good points but if he’s investing for the long term then all of those points would be minor dips.

However, a US recession could be very painful in the short/medium term. Its easy to see this market falling 50% in such a scenario. Then your psychology comes into play because many people sell low and buy high.

 

[mid_gen]

It can be simultaneously true that there is lots of hype and BS, and over-valued nonsense AI startups knocking around AI, AND true that many companies are going to turn into enormous money-generating factories for decades to come, off the back of AI technology.

Same as the Dotcom era.

It's basically pattern recognition though, not something we need amazing AI for.
it's just an algorithm it's not AI


missiles were temeplate matching god knows how many decades ago, it's basically the same thing at a far higher image resolution.

Brains are just lots of neurons connected together, load of over-hyped nonsense, how is that going to do anything useful.

What goes on inside LLMs is far more complex than 'pattern matching'. Same as what your brain does when processing the signals it gets from your eyes, includes a bunch of context (your memory) and then decides what series of words to type into the browser to write your message which so aptly displays your lack of understanding of the subject

 

[arknor]

It can be simultaneously true that there is lots of hype and BS, and over-valued nonsense AI startups knocking around AI, AND true that many companies are going to turn into enormous money-generating factories for decades to come, off the back of AI technology.

Same as the Dotcom era.

Brains are just lots of neurons connected together, load of over-hyped nonsense, how is that going to do anything useful.

What goes on inside LLMs is far more complex than 'pattern matching'. Same as what your brain does when processing the signals it gets from your eyes, includes a bunch of context (your memory) and then decides what series of words to type into the browser to write your message which so aptly displays your lack of understanding of the subject

but how they spot cancer is pattern matching.... machine learning is basically pattern recognition.

Yes, machine learning can be described as pattern recognition, but it's a broader field that encompasses more than just pattern recognition. Machine learning algorithms learn from data to identify patterns and make predictions or decisions, effectively acting as pattern recognition systems. While pattern recognition is a core component of many machine learning tasks, machine learning also includes other aspects like feature engineering and model evaluation.

ITS NOT AI

it's how simple lifeforms like insects survive on instinct and reflexes they aren't thinking.

companies are brainwashing into thinking its actually AI

 

[mid_gen]

but how they spot cancer is pattern matching.... machine learning is basically pattern recognition.

Yes, machine learning can be described as pattern recognition, but it's a broader field that encompasses more than just pattern recognition. Machine learning algorithms learn from data to identify patterns and make predictions or decisions, effectively acting as pattern recognition systems. While pattern recognition is a core component of many machine learning tasks, machine learning also includes other aspects like feature engineering and model evaluation.

ITS NOT AI

it's how simple lifeforms like insects survive on instinct and reflexes they aren't thinking.

companies are brainwashing into thinking its actually AI

People love to get obsessed with arguing over semantics. It doesn't matter what is and is not AI by whatever definition you choose to pluck out of the air.

What matters in terms of stock prices, is that it's a technology that powers goods and services that people are prepared to pay lots of money for.

 

[tangey]

I see the Donald has again thrown a tariff curve ball, says pharma could reach 250%, and the market suddenly turns negative. The various stock market indices turn into an "opportunity knocks" personal Trump clapometer when he speaks. (you'll need to be a certain age to get that reference).

And I mean that most sincerely folks.

 

[sityeuropa]

AI is not going away.

It is already winning championship Math competitions
Research progress with Alphafold, and crunching new material sciences.
Revolutionisng the programming industry - The junior role is becoming redundant, you need to make your own projects and get employment at a mid level tier to do the work of 5 juniors if not more.
Customer Service industry, chat bots already making people redundant, not to mention voice now.
Graphic designers, concept artists are being hit hard.

Now with robotics advancing in every way.
Taxi businesses.
Script writing in a few more generations

The list is endless, but yeh AI is a fad lol.

 

[mid_gen]

I see the Donald has again thrown a tariff curve ball, says pharma could reach 250%, and the market suddenly turns negative. The various stock market indices turn into an "opportunity knocks" personal Trump clapometer when he speaks. (you'll need to be a certain age to get that reference).

And I mean that most sincerely folks.

Needs more of a correction to enable all the grifters in the White House to get some decent insider trading done. Easily done with a few Trump outbursts.

 

[slinxy]

its a fad but it's useful.

overhyped as hell though, things like chatgpt , grok etc are mostly just curated search engines that can pull misinformation of hallucinate content

The data they train on is already tainted so they can never be reliable unless humans carefully curate millions and millions of websites worth of data for them to train on.

No doubt theres tools that save business a lot of money in the short term... in the long term its probably too expensive for most companies and just helps create more monopolies

Hilarious that anyone would think AI is a fad.

I didn't say it was a fad, I said it was a "fad word" in reference to the stock market.

Google AI defines "fad word" as:

A "fad word" refers to a word or phrase that experiences a surge in popularity for a short period before fading away, often becoming associated with a particular time or trend. These words are typically trendy, fashionable, and used with enthusiasm for a brief time, then lose their appeal.

and as per my post; company are using it to draw attention to themselves in the stock market.

Let's just separate the two, I'm sure there's already serveal AI threads discussing the merits of AI in this forum alone.

And yes it will be a very useful tool, as per the printing press, the micro processor and the internet.

I just believe that we are at the very start of the AI race.. the company throwing money at it now are not guarantee to be the winners.

 

[413x]

AI is not a fad.
Its like a fast version of the industrial revolution

 

[moon man]

No expert on ai still riding today but here's my steps from a small 2.5k stake ( play amount to generate money for more shares)
Navitas was minus 20 percent caught a bounce took maybe 20 mins
Still holding bbai and apld

Still rolling, we all have easy days like these, suppose you make the most of them

 

[Vanilla]

Anyone in on Palantir? I remember seeing them in 2022 at $15 and seems they are really coming into it BUT high PE ratio which is a worry

 

[D.P.]

It's basically pattern recognition though, not something we need amazing AI for.
it's just an algorithm it's not AI

ehh, pattern recognition is essentially the core of all ML, and thus very much AI

ML is simply finding patterns in data.

Even an LLM is "just an algorithm" essentially a logical program encoded within linear algebra. You can easily replace the entire architecture with simple conditionals (if statements), but it would be catastrophicly slow

 

[Vanilla]

ehh, pattern recognition is essentially the core of all ML, and thus very much AI

ML is simply finding patterns in data.

Even an LLM is "just an algorithm" essentially a logical program encoded within linear algebra. You can easily replace the entire architecture with simple conditionals (if statements), but it would be catastrophicly slow

Yeah, AI is a subset of ML

 

[D.P.]

AI is not a fad.
Its like a fast version of the industrial revolution

I agree for the most part, but it is also massively over hyped. Or at least the costs, complexities and limitations are brushed on the carpet.


Also, AI has been active for over 70 years so by definition is not a fad at all. It has a long history of success

 

[Vanilla]

I agree for the most part, but it is also massively over hyped. Or at least the costs, complexities and limitations are brushed on the carpet.


Also, AI has been active for over 70 years so by definition is not a fad at all. It has a long history of success

Oh I agree. Everything is 'AI' powered these days.

"Get an AI powered car insurance quote!" Come on it's a glorified database that is barely better than an excel spreasheet.

but hey, marketing

 

[D.P.]

Yeah, AI is a subset of ML

no, the wrong way round. ML is a subset of AI. AI encompasses many areas such as automated reasoning, metaheuristic search and optimization, NLP without DL, theorem provers, all the computer vision work pre 2012 (a lot of which is still valid today).

 

[Vanilla]

no, the wrong way round. ML is a subset of AI. AI encompasses many areas such as automated reasoning, metaheuristic search and optimization, NLP without DL, theorem provers, all the computer vision work pre 2012 (a lot of which is still valid today).

Oh indeed, why did I have that the wrong way around in my head

 

[413x]

I agree for the most part, but it is also massively over hyped. Or at least the costs, complexities and limitations are brushed on the carpet.


Also, AI has been active for over 70 years so by definition is not a fad at all. It has a long history of success

There are a lot of companies riding on it. And many will fall away I suspect.

No idea how it will pan out as when it really starts gobbling up jobs there will have to be net loss of tax intake?

I suspect there will be fewer and fewer companies over time with smaller work forces. More people without jobs and some people with very good jobs.

So being invested in the right companies could provide massive wins. But overall I don't see the big picture being rosy.

Over all? Fewer jobs but with some very good jobs, fewer companies but with some absolute monsters, bigger wealth disparity, with more people below the poverty line.


Still trying to figure out how to change career myself to avoid being redundant in terms of no longer required in the workforce!