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The title is correct, but that is just because of the ubiquitous presence AI will have. But as for their "The bottom line: AIs don't know what they don't know.
by PeterStuer 3y ago
The title is correct, but that is just because of the ubiquitous presence AI will have.
But as for their "The bottom line: AIs don't know what they don't know. And that can be very dangerous" ...
Do they mean exactly like the non-ai trading algo's, or the TA-bro's, or every day-trader on the planet?
I'd personally worry more about some corp truly figuring out next level AI trading and just amassing trillions in a very short timeframe.
- yieldcrv 3y agoGary Gensler is getting curb stomped in the courts for taking the agency in fruitless directions that will never achieve investor protection even if they won in the courts, investor protection being Congress' mission for the SEC, and so he is pivoting on what he wants to focus on and be remembered for by making up a new area to protect investors. It isn't supposed to make sense, it is purely self preservation.