Live data from Hacker News

Does generative AI facilitate investor trading? Evidence from ChatGPT outages

papers.ssrn.com

1–10 of 107 posts

Re: Does generative AI facilitate investor trading? Evidence from ChatGPT outages

#5

How would this work in the market, I am Curious to try it

It could be news parsing, where it can turn news article text into data points that an investment model could imply market signals from.

Something similar could happen with transcripts of company investor calls, or any other text/audio companies put out. With the right prompt you can turn text into signals, the trick would be getting that prompt right (and prompt engineering to limit hallucinations as much as possible).

Re: Does generative AI facilitate investor trading? Evidence from ChatGPT outages

#6

How would this work in the market, I am Curious to try it

It could be news parsing, where it can turn news article text into data points that an investment model could imply market signals from. Something similar could happen with transcripts of company investor calls, or any other text/audio companies put out. With the right prompt you can turn text into signals, the trick would be getting that prompt right (and prompt engineering to limit hallucinations as much as possibl…

all those data sources are trailing though. Most intentionally try to (over simplistically) explain; few to none predict.

Re: Does generative AI facilitate investor trading? Evidence from ChatGPT outages

#7

How would this work in the market, I am Curious to try it

It could be news parsing, where it can turn news article text into data points that an investment model could imply market signals from. Something similar could happen with transcripts of company investor calls, or any other text/audio companies put out. With the right prompt you can turn text into signals, the trick would be getting that prompt right (and prompt engineering to limit hallucinations as much as possibl…

Sentiment analysis is AI now?

Re: Does generative AI facilitate investor trading? Evidence from ChatGPT outages

#9
post #8

I think lately results of chat went downhill. I got used to asking "are you sure about that" after each chat answer to my question, and to most of the time the answer is "you are right, here is how I was wrong".

chatgpt has never stood up for itself, if you express doubt it will defer and say it must by mistaken even when it's correct

Re: Does generative AI facilitate investor trading? Evidence from ChatGPT outages

#10
post #8

I think lately results of chat went downhill. I got used to asking "are you sure about that" after each chat answer to my question, and to most of the time the answer is "you are right, here is how I was wrong".

That's not a recent thing - most of the LLMs I've tried have an annoying tendency to agree with you if you question them, even if they weren't actually wrong. The term for it is "sycophancy", I think there are a few papers that talk about it.
Post reply on HN