It seems like the obvious choice. There is an abundance of data, systems in place for automating trades, and a lot of money in play. It just seems like if it was possible, it would already have been done by the big players or these existing robo-investors… not some guy who Googled “how to make AI”.
On top of that his idea was deeply flawed. I asked about risk tolerance and he said on the fly they could adjust that. Then I asked how he was going to do that and break out the funds (as be planned to have all the investors in one giant pool), and it was crickets.
Crypto, eh?
Nope, AI trading bot.
Man, this must just be a right of passage for working as a SWE or MLE at this point. I’ve heard this pitch from coworkers/managers more than once.
It seems like the obvious choice. There is an abundance of data, systems in place for automating trades, and a lot of money in play. It just seems like if it was possible, it would already have been done by the big players or these existing robo-investors… not some guy who Googled “how to make AI”.
On top of that his idea was deeply flawed. I asked about risk tolerance and he said on the fly they could adjust that. Then I asked how he was going to do that and break out the funds (as be planned to have all the investors in one giant pool), and it was crickets.