3 ms·
Technical analysis is an insult to technology and should be rebranded to "untechnical analysis". Technical people would do analysis with state-of-the-art tools
by dheera 3y ago
Technical analysis is an insult to technology and should be rebranded to "untechnical analysis".
Technical people would do analysis with state-of-the-art tools, from LLMs applied on github repos to discover lurking security bugs likely to bring stocks crashing, to vision models applied to satellite images to analyze business activity.
- klabb3 3y agoIndeed. Why spend $10 doing something useless when you can spend $10000?
- marcosdumay 3y agoIt the GP is a joke, that's the joke. But I have to say, I'm not sure if it's a joke at all.
- wruza 3y agoA serious question now: if we take all the mainstream news articles (or headlines) for 20 years and correspond them to OHLC data with e.g. hour and day granularity timestamps, could some sort of AI make hourly or daily predictions? If modern AI can generate average-human-like text and images, couldn’t it day trade as well?