Friday, December 18, 2020
One point hit, one missed
MindMatters has an excellent podcast on the top 12 AI Hypes. Lively discussion and clear info.
Most of the hypes are well-known, basically extensions of the old chess-playing robot that used mirrors to conceal a smart dwarf. The newer chess players like Facebook's robot moderators are less obvious, but there's always some human guidance and editing concealed inside a "completely artificial" process.
One big point that I hadn't thought about before:
Models are necessarily based on the existing players in a system. A predictive model for stock prices will analyze existing patterns to predict future changes in specific prices. What the model DOESN'T include is the effects of the model. When large numbers of people are using a simulation to guide their trading, the model becomes part of the feedback loop, and the assumption of existing factors is no longer valid.
In reality, of course, stock prices are not a natural system. Stock prices are operated by Deepstate to enrich the rich and kill the poor. Therefore the predictive models AREN'T failing to account for their own presence. The trading programs are designed by Deepstate to guide traders toward enriching the rich and killing the poor. Otherwise they wouldn't be allowed.
Labels: AI point-missing, Not AI point-missing
¶ 7:09 AM
