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I worked at a hedge fund for 9 years. Regression models are used for EVERYTHING. Regression is machine learning. This article has a narrow focus and doesnt u
by TuringNYC 9y ago
I worked at a hedge fund for 9 years. Regression models are used for EVERYTHING. Regression is machine learning. This article has a narrow focus and doesnt understand what machine learning is.
- kgwgk 9y agoUsually « machine learning » is used to talk about things beyond basic statistical methods that predate computers. On the other hand, basic statistics are often good enough...
- TuringNYC 9y agoOther machine learning techniques widely used on wall street for over a decade - Dimensionality Reduction - Clustering - Classification techniques using trees, SVM, bayesian models
- megaman22 9y agoI feel like machine learning is one of those terms that has lost all defined meaning, under a bombardment of hype, corporate buzzwordism, and other horseshit.
- projectramo 9y agoThe article distinguishes between using a regression to generate trade ideas for a human (say, data science), or actually having the machine trade on the idea without intervention (that would be AI). The article claims the former happens but not the latter. This is entirely compatible with your statements.
- senatorobama 9y agoWhat was your ultimate salary?