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Okay, but one thing you kinda miss is that trading (e.g. investing) is still one of the largest ways for people to make money. Even passively investing in ETFs
by aprilthird2021 2y ago
Okay, but one thing you kinda miss is that trading (e.g. investing) is still one of the largest ways for people to make money. Even passively investing in ETFs is extremely lucrative.
If LLMs become so good that everyone can just let an LLM go into the world and make them money, the way we do with our investments, won't that be good?
- parentheses 2y agoThe financial markets are a 0 sum game mostly. This approach would not work.
- dogman144 2y agoyou are missing that trading in what I’m talking about != “e.g investing.” And, certainly, prob a good thing for some, bad thing for the money conveyor belt of the last 20 yrs of tech careers.
- aprilthird2021 2y agoI am not missing that. I understand the difference. I'm saying the economic engine behind trading is still good (investing). So while people don't do the trading as much (machines do it), the economic rewards are still there and we can still capture them. The same may be true in a potential future where software becomes automated.