https://finance.yahoo.com/news/amazon-hires-ai-startup-adepts-212217362.html

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  • RyanGosling [none/use name]
    ·
    5 months ago

    Isn’t most trading done via machine these days? I think these guys just ignored proven technology and used some ChatGPT api to “power” their ETF lol

    • daniyeg@lemmy.ml
      ·
      5 months ago

      it says it's using a quantitative model like all the other trading bots, not chatgpt. people were using machine learning models for trading long before gpt 4 but since the "AI" boom now everything has to be labelled AI or AI-powered.

      • invalidusernamelol [he/him]
        ·
        5 months ago

        I remember helping a friend wrote one in R and Python like 10+ years ago when we were in highschool to predict the MISO energy market.

        Some dude paid us like $3000 to make one for him because he wanted to buy a $10k solar farm in Oklahoma so he could speculate on grid futures...