Hacker News Reader

Heck; show me anyone who is not more productive with a boring old UI once they learn how to use it. Maybe with a chat interface as a how-to assistant.

There's probably legit uses in finance for LLMs, in exploring potential scenarios and strategies, spit-balling ideas, summarizing financial news. Sure. Great. Maybe even as a trading agent, questionable, but I'd buy that as maybe happening.

But replacing Bloomberg terminals with "Chat with NYSE", that is no exaggeration one of the most out of touch ideas I think I have ever heard in my life!

I think using the BB terminals as the big example here was probably not the best move; there are other huge vertical software platforms where this argument is more of a layup.

(Though: you can do a lot with IB, right? Same deal.)

Is trading even a real thing? Is there really a job title "trader"? Entities really think they can outperform DCA SPY?

I guess you better go tell them they don't exist.

Yes. Traders are involved in all kinds of deals that aren't like index funds.

Who do you think makes the price of SPY change?