3 ms·
> Anything you need to know about the world is in a table somewhere No it isn't. If I read an article about the Volkswagen emissions scandal, what table do I l
by burkaman 10y ago
> Anything you need to know about the world is in a table somewhere
No it isn't. If I read an article about the Volkswagen emissions scandal, what table do I look in to figure out how much consumers will care, and how aggressive various governments will be with their punishment? When Disney buys the rights to Star Wars, where should I look to see if it's worth what they paid for it? Should I rely on data from 30 year old movies, or look at merchandise sales or something? If I start seeing a lot of articles about climate change and the dangers of fossil fuels, should I sell my stock in Exxon?
Not that humans are particularly good at this stuff, but I don't think computers will be as good or better for a long time.
- Eridrus 10y agoI think a lot of people get hung up on how humans make decisions, with the expectation that you need to be able to understand the same ideas to perform the task. Even if a computer can't figure out the stats you mention, maybe it doesn't matter? Maybe just reacting fast enough to what people in the market are doing is good enough? Maybe simple sentiment analysis on articles on Disney around the web is a good enough proxy for share price increase.
- fourthark 10y agoSounds like that's giving the humans who are left in the market 10x the power.
- tomelders 10y agoYou're making the mistake of being specific. Think heuristic.