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I might be wrong but this look like Bernard Madoff in disguise. "Give me your money and trust my big black box that nobody understand!" Then just to be more c
by Twisell 10y ago
I might be wrong but this look like Bernard Madoff in disguise.
"Give me your money and trust my big black box that nobody understand!"
Then just to be more credible add some meaningless data point "We have 7 500 anonymous data scientists" because it is known, the less you now about people who write abstract model that manage your money the more you should be reassured.
"My son told me about anonymous they are a hell of good hackers!"
- usefulcat 10y agoUnless they require some sort of financial contribution from the 7500, it seems like the biggest risk (apart from wasting your time) is that if you do come up with something useful you have no way to know the value of it; you basically just have to trust them.
- azernik 10y agoI think parent's concern is scamming of investors, not programmers.
- aaron695 10y agoIt's a free market, not getting payed enough for great work you just leave? But then why would they want to risk you leaving by not paying fair value? Like any job, if you invent something that makes the company millions, you were always free to have left years ago and started your own business if you truly were worth more.
- CN7R 10y agoFrom reading the article, how do we know that the algorithms are actually working? Isn't the market overall increasing in value which could make it seem like the models are effective? How does Machine Learning / A.I. differentiate between correlation and causality?