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A good trader can explain their trades, a good AI cannot yet. This is important in many financial settings when some human must still be personally responsible
by fpoling 10y ago
A good trader can explain their trades, a good AI cannot yet. This is important in many financial settings when some human must still be personally responsible for the trades. For a manager it is much easier to approve regression coefficients or a particular trading formula than to sign a neural network into production.
- webmaven 10y ago> A good trader can explain their trades Yeah, but what are the odds that their explanation is just a post-hoc rationalization (ie. "heads I get credit, tails I avoid blame")?