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A better analogy would be computer-assisted poker. The computer can keep track of the cards and provide probabilities, while the human provides the social compu
by philipov 10y ago
A better analogy would be computer-assisted poker. The computer can keep track of the cards and provide probabilities, while the human provides the social computations (figuring out exploits by modelling the opponent's mental state). Computers have been very successful at pure optimization problems like chess, but still lag behind on games of assymetrical information.
The stock market is more like poker than like chess, because it is the correct application of theory of mind (Can a computer bluff? Can a computer cheat?) that elevates it above a game of chance.