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That's a bit curious. I was supposing that all the hedge funds should have incorporated LLMs in their models by now, since it should give them such a huge advan
by eterevsky 3y ago
That's a bit curious. I was supposing that all the hedge funds should have incorporated LLMs in their models by now, since it should give them such a huge advantage. Is it not so?
- jokethrowaway 3y agoI don't think there is a basis for this reasoning LLMs don't know what's right automagically, a model fine tuned by a hedge fund is definitely better than just an LLM's hallucinating something
- eterevsky 3y agoOf course I mean LLMs fine-tuned by the hedge funds, not something off-the-shelf. My reasoning is that sentiment analysis and similar techniques have been used for a while, and LLMs raise them to the next level, so they are bound to be beneficial.