What are the current limits of artificial intelligence? & their weaknesses

Discussion in 'Trading' started by pinetboltz, Apr 9, 2017.

  1. Mtrader

    Mtrader

    That's my personal experience too, over the years. I tried many times to write down all that goes thru my mind while trading, trying to give the necessary input for programming, but I never succeeded. I only realized that it was a lot, and most of it goes automatically like in my subconscious.
    The result of years training (reprogramming) my brain to see what is needed and ignore all the rest.
     
    #91     May 16, 2017
  2. vanv0029

    vanv0029

    I think AI is mostly PR hype. It makes the incorrect assumption that
    all knowledge is formally provable sentences (calledthe Hilbert
    Programme) that is not true. Self driving cars are really just small
    busses only able to drive in their "virtual" lanes. Self driving cars work basically by having the route mapped out first then they follow the
    route like trains.

    "AI" software is not able to deal with left turns across traffic.
    Here is the EE Times story from the AZ highway patrol (not the Uber
    version):

    http://www.eetimes.com/document.asp?doc_id=1331542

    It appears that elite human chess players can now beat computers.
    Problem is that it is much more lucrative to lose to a computer
    because of appearance revenue than win. I read that Renaissance
    Capital was the largest short seller on the Oslo exchange just
    after the crude price fall. What AI trading algorithms.

    Here is a link to my paper falsifying the very idea of AI:

    https://arxiv.org/abs/1704.08111
     
    #92     May 16, 2017
    Mtrader likes this.