The challenges of playing the market against artificial intelligence: Don Pittis - AI has already creamed humans in checkers, chess and the complex game of Go. Are markets next?

The challenges of playing the market against artificial intelligence: Don Pittis - AI has already creamed humans in checkers, chess and the complex game of Go. Are markets next? ( cbc.ca )

submitted 2017-09-25T15:59 by salvia_d

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derram 2017-09-25T16:25

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The challenges of playing the market against artificial intelligence: Don Pittis - Business - CBC News

'Even before adding artificial intelligence to the trading process, the introduction of non-AI computerized trading has resulted in unpredictable market events. ', "One of Canada's \u200bartificial intelligence pioneers, Jonathan Schaeffer, says most electronic trading programs described as AI really aren't."

'"Go is considered to be the pinnacle of game AI research," said DeepMind's Demis Hassabis at the time. '

'"We're not going to have Skynet yet," he quips, referring to the artificial intelligence that becomes conscious and takes over the world in Arnold Schwarzenegger's Terminator movies. '

'So what if AI foresees a giant market crash of the kind that we saw in 1929, 1997 or 2008?'

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