3 ms·

This has been done for a LONG time...

• _delirium 16y ago
  Yeah, you can find mentions of this sort of thing as a standard motivating application for information-extraction/sentiment-analysis/etc. NLP systems dating back to the 1980s. The 80s academic papers I've read do mostly propose it as a semi-automated thing: extract a bunch of information and present it to a human trader, i.e. function as a decision-support system. Not sure when it was first plugged into a closed loop that directly traded on the analysis without human intervention (it's possible it's not publicly known who first did that, since hedge funds tend not to announce such things).
  • ig1 16y ago
    Generally that's true of most algo/AI stuff, initially it goes in as human advisory and then gets switched over to automatic once people trust it.
    • gcb 16y ago
      ^H^H^H^H^H^once the volume compensate the bad decisions. there. fixed it for you.
  • j2d2j2d2 16y ago
    Many of the people who wrote those papers went on to work at rentec. Rented, by dollars, is the most successful hedge fund ever.