But there's tons of room in the market for stuff that fails spectacularly 2% of the time.
That's the key insight. It's why the commercial successes of AI have been primarily in advertising, marketing, and investing.
That's the key insight. It's why the commercial successes of AI have been primarily in advertising, marketing, and investing.
Which is why people say that it has few useful applications. People don't care if those areas become more effective. Another important application is mass surveillance, which people would also argue isn't a good thing.
there's plenty of bullshit uses of AI out there, but i think it is silly to say there are only limited commercial successes.
Disclaimer: not an expert
Is there any evidence that any AI is better than index buy and hold?
I do not think there is.