3 ms·

Doesn't it help you sleep at night that your 401k might be managed by analysts #yoloing their financial modeling tools with an LLM?

• DaedalusII 8mo ago
  having worked in large financial institutions, this would be a step improvement the largest independent derivatives broker in australia collapsed after it was discovered the board were using astrology and magicians to gamble with all the clients money https://www.abc.net.au/news/2016-09-16/stockbroker-used-psychic-to-make-budget-forecasts/7853646 https://www.abc.net.au/news/2016-09-16/stockbroker-used-psyc...
  • Nevermark 8mo ago
    Well that would do it. Astrology and magic stop working once they are scrutinized. That is their only weakness.
  • leptons 8mo ago
    It sounds like a step sideways, not a step up. LLMs are akin to a Ouija board.
• theshrike79 8mo ago
  I have seen Excel used in places that manage millions of euros of other people's money. I have seen Excel used for financial planning I have seen Excel used for managing people's health data. I have BUILT a test suite for a government offical use communication device - inside Excel. The original was a mish-mash of Excel formulas and VBA. I improved the VBA part of it by adding a web cam to the mix. I don't sleep well at night knowing how many very very essential things are running on top of Excel sheets passed down like stories around a campfire.