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I think the application of AI in economics and finance is going to have muffled utility over time if not already because of feedback. In other words certain re

I think the application of AI in economics and finance is going to have muffled utility over time if not already because of feedback. In other words certain results will be expected based on historical data, however the future will greatly differ from the past because of AI intervention which will skew expected results. In turn that will make AI essentially useless in an economic/financial application.

dqpb 4y ago
“AI” for prediction from historical trends is not very interesting in my opinion. Much more interesting is complexity economics with agent based simulation.
- include 4y ago
  Can you elaborate please? 10x
  - mdp2021 4y ago
    Presumably, what is meant is a prediction non based on patterns, but on a simulation of economic dynamics made through the interaction of not deterministically coded virtual agents within some environment.
nomel 4y ago
I think this is making some unfair assumptions about the models the AI comes up with, or is applied to.