What's the hype with ChatGPT investing?
I'm all in with the hype for ChatGPT's disruptive capabilities for the world of work, and even it's capabilities for investing and pitching up until recently, but I just wondered after listening to AQR's research on machine learning - how is this any different from the quant investing and machine learning that we've already been researching for decades now? Are people overhyping this only because it's finally been mass-produced to laymen in the form of a user-friendly interface? Seems like some form of Kahneman/ Thaler-style cognitive bias to me
The consensus about machine investing is already been laid out - it's hard for machines to pick out discernable signals because noise in the market is driven by erratic human behavior. Crudely similar to a robot trying to identify a cat in a picture. Quant funds have always combined man and machine to trade, how is this anything different?
Funnily enough I think LLMs will be more helpful for fundamental research than quant investing
Master of Laws?
Large language models
Provident saepe iusto in repellat eligendi fugiat quis. Qui distinctio provident voluptatibus nostrum culpa sequi. Dolorum magni accusamus voluptatibus aut sunt id. Ducimus id voluptas modi. Ut ipsa velit ducimus. Asperiores dolores excepturi vel temporibus reiciendis. Quia laboriosam et harum rem deleniti eos.
Maxime dolores aut natus ut corporis rerum repellendus. Voluptas consequuntur modi earum nihil autem soluta alias. Ex quisquam similique veritatis nesciunt aut doloremque. Nihil molestiae velit similique qui veritatis maiores.
See All Comments - 100% Free
WSO depends on everyone being able to pitch in when they know something. Unlock with your email and get bonus: 6 financial modeling lessons free ($199 value)
or Unlock with your social account...