{"id":2683,"date":"2010-07-14T10:01:20","date_gmt":"2010-07-14T18:01:20","guid":{"rendered":"https:\/\/caitlinburke.com\/?p=2683"},"modified":"2010-07-14T10:01:20","modified_gmt":"2010-07-14T18:01:20","slug":"what-could-go-wrong","status":"publish","type":"post","link":"https:\/\/caitlinburke.com\/blog\/2010\/07\/14\/what-could-go-wrong\/","title":{"rendered":"What Could Go Wrong?"},"content":{"rendered":"<p>Rebellion Research is a hot funds manager that uses an AI, developed a few years ago and only sparingly altered since then, to decide what stocks to trade. The AI produces a list, and humans execute the trades. Sexy Wall St math and programming blah blah. Here&#8217;s why they take this approach:<\/p>\n<blockquote><p>&#8220;It&#8217;s pretty clear that human beings aren&#8217;t improving,&#8221; said Spencer Greenberg, 27 years old and the brains behind Rebellion&#8217;s AI system. &#8220;But computers and algorithms are only getting faster and more robust.&#8221;<\/p><\/blockquote>\n<p>Savor that for a moment. But wait! There&#8217;s more:<\/p>\n<blockquote><p>The firm&#8217;s current portfolio is largely defensive. One of its biggest positions is in gold stocks, according to people familiar with the fund.<\/p>\n<p>The defensive move at first worried Mr. Fleiss, who had grown bullish. But it has proven a smart move so far. &#8220;I&#8217;ve learned not to question the AI,&#8221; he said.<\/p><\/blockquote>\n<p><a href=\"http:\/\/online.wsj.com\/article\/SB10001424052748703834604575365310813948080.html\" target=\"_blank\">Letting the Machines Decide: New Wave of Investment Firms Look to &#8216;Artificial Intelligence&#8217; in Trade Decisions<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Rebellion Research is a hot funds manager that uses an AI, developed a few years ago and only sparingly altered since then, to decide what stocks to trade. The AI produces a list, and humans execute the trades. Sexy Wall St math and programming blah blah. Here&#8217;s why they take this approach: &#8220;It&#8217;s pretty clear [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"jetpack_post_was_ever_published":false,"_jetpack_newsletter_access":"","_jetpack_dont_email_post_to_subs":false,"_jetpack_newsletter_tier_id":0,"_jetpack_memberships_contains_paywalled_content":false,"_jetpack_memberships_contains_paid_content":false,"footnotes":"","jetpack_publicize_message":"","jetpack_publicize_feature_enabled":true,"jetpack_social_post_already_shared":false,"jetpack_social_options":{"image_generator_settings":{"template":"highway","default_image_id":0,"font":"","enabled":false},"version":2}},"categories":[7,8],"tags":[47,755,972,1250,1285],"class_list":["post-2683","post","type-post","status-publish","format-standard","hentry","category-math-ha-ha","category-media","tag-ai","tag-math","tag-programming","tag-trust","tag-wall-street"],"jetpack_publicize_connections":[],"jetpack_featured_media_url":"","jetpack_sharing_enabled":true,"jetpack_shortlink":"https:\/\/wp.me\/p4OKzG-Hh","jetpack-related-posts":[],"_links":{"self":[{"href":"https:\/\/caitlinburke.com\/blog\/wp-json\/wp\/v2\/posts\/2683","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/caitlinburke.com\/blog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/caitlinburke.com\/blog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/caitlinburke.com\/blog\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/caitlinburke.com\/blog\/wp-json\/wp\/v2\/comments?post=2683"}],"version-history":[{"count":0,"href":"https:\/\/caitlinburke.com\/blog\/wp-json\/wp\/v2\/posts\/2683\/revisions"}],"wp:attachment":[{"href":"https:\/\/caitlinburke.com\/blog\/wp-json\/wp\/v2\/media?parent=2683"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/caitlinburke.com\/blog\/wp-json\/wp\/v2\/categories?post=2683"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/caitlinburke.com\/blog\/wp-json\/wp\/v2\/tags?post=2683"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}