• Credibly_Human@lemmy.world
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    3 hours ago

    This is funny, but just to be clear, the firms that are doing automated trading have been using ML for decades and have high powered computers with custom algorithms extremely close to trading centers (often inside them) to get the lowest latency possible.

    No one who does not wear their pants on their head uses an LLM to make trades. An LLM is just a next word fragment guesser with a bunch of heuristics and tools attached, so it won’t be good at all for something that specialized.

    • thespcicifcocean@lemmy.world
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      11 minutes ago

      I hate that ai just means llm now. ML can actually be useful to make predictions based on past trends. And it’s not nearly as power hungry