Science Fiction
Dictionary
A B C D E F G H I J K L M N O P Q R S T U V W X Y Z
 |
Make Money With Artificial Intelligence
Artificial intelligence is back in the financial news. It seems like a good fit; computers can endlessly crunch the numbers and artificial intelligence software can learn how to sift for deals. Buy low, sell high - how hard could it be?
"It's pretty clear that human beings aren't improving," said Spencer Greenberg, 27 years old and the brains behind Rebellion's AI system. "But computers and algorithms are only getting faster and more robust."
You might also lose your shirt. I seem to recall that Larry Niven wrote a story called The Schumann Computer about a group of investors who bought a design for an artificially intelligent supercomputer from a race called the Chirpsithra, who had plenty of experience with AIs:
"Oh yes, we built them," one said. "Long ago."
"You gave up? Why?"
One of the salmon-colored aliens made a chittering sound. The other said, "Reason enough. Machines should be proper servants. They should not talk back. Especially they should not presume to instruct their masters. Still, we did not throw away the knowledge we gained from the machines."
See also my earlier article on combining human insight with computer analysis to make money on Wall Street.
One upstart in the AI race on Wall Street is Rebellion Research, a tiny New York hedge fund with about $7 million in capital that has been using a machine-learning program it developed to invest in stocks. Run by a small team of twentysomething math and computer whizzes, Rebellion has a solid track record, topping the Standard & Poor's 500-stock index by an average of 10% a year, after fees, since its 2007 launch through June, according to people familiar with the fund. Like many hedge funds, its goal is to beat the broader market year after year.
One slow afternoon I asked a pair of chirpsithra about intelligent computers.
(HAL-Buffett 9000 Computer [concept])
From WSJ online.
Scroll down for more stories in the same category. (Story submitted 8/4/2010)
Follow this kind of news @Technovelgy.| Email | RSS | Blog It | Stumble | del.icio.us | Digg | Reddit |
Would
you like to contribute a story tip?
It's easy:
Get the URL of the story, and the related sf author, and add
it here.
Comment/Join discussion ( 0 )
Related News Stories - (" Artificial Intelligence ")
Are The Thought Police Listening To Everyone All The Time?
'... they could plug in your wire whenever they wanted to.' - George Orwell, 1948.
Nevada Will Use AI To Decide Worker Benefits
'They had screwed up and been blacklisted by Manna.' - Marshall Brain, 2002.
AI Note-Taking From Google Meet
'... the new typewriter that could be talked to, and which transposed the spoken sound into typed words.' - Dr. David H. Keller, 1934.
Seeing Faces On Grains Of Sand (AI Pareidolia)
'... the imprint of her image on the telephoto cell.' - Schachner and Zagat, 1931.
Technovelgy (that's tech-novel-gee!) is devoted to the creative science inventions and ideas of sf authors. Look for the Invention Category that interests you, the Glossary, the Invention Timeline, or see what's New.
Science Fiction
Timeline
1600-1899
1900-1939
1940's 1950's
1960's 1970's
1980's 1990's
2000's 2010's
Current News
Mechazilla Arms Catch A Falling Starship, But Check Out SF Landing-ARMS
'...the rocket’s landing-arms automatically unfolded.'
A System To Defeat AI Face Recognition
'...points and patches of light... sliding all over their faces in a programmed manner that had been designed to foil facial recognition systems.'
Robot Hand Separate From Robot
'The crawling, exploring object was V-Stephen's surgeon-hand...'
Hybrid Wind Solar Devices
'...the combined Wind-Suncatcher, like a spray of tulips mounted fanwise.'
Is Optimus Autonomous Or Teleoperated?
'I went to the control room where the three other men were manipulating their mechanical men.'
Robot Masseuse Rubs People The Right Way
'The automatic massager began to fumble gently...'
Solar-Powered Space Trains On The Moon
'The low-slung monorail car, straddling its single track, bored through the shadows on a slowly rising course.'
Drone Deliveries Instead Of Waiters In Restaurants?
'It was a smooth ovoid floating a few inches from the floor...'
Optimus Robot Can Charge Itself
'... he thrust in his charging arm to replenish his store of energy.'
Skip Movewear Arc'teryx AI Pants
'...the terrible Jovian gravity that made each movement an effort.'
'Robovan' Name Already Taken - Elon, Try These
There are alternative names that are probably in the public domain by now.
How Old Are Tesla Designs?
You be the judge.
Is Your Autonomous Tractor Safe?
'The field-minder finished turning the top-soil of a two-thousand-acre field.'
Smart TVs Are Listening!
'You had to live -- did live, from habit that became instinct -- in the assumption that every sound you made was overheard...'
Police Drones In China Would Like To Have A Word With You
''OVERRIDE,' the City Fathers said suddenly, without being asked anything at all.'
Oh Great (Part 2), Fence-Climbing Robots
Please, no stingers.
