How is this not going to ultimately become a generalization of the GameStop short squeeze[0] effectuated in 2021?
Claude for Financial Services
41–50 of 118 posts
Re: Claude for Financial Services
#42Earlier quoted context omitted.
I just don't see the value prop for LLM for financial markets specifically but I guess I'm not familiar with the workflows of analysts. "Backtest this for me" "Analyze this" "Find a pattern" "Beat the market"
Reading tons of reports, no?
> Reading tons of reports, no?
Reading != UnderstandingRe: Claude for Financial Services
#43I think their vending machine project might need to succeed before you should trust Claude for investment advice: https://www.anthropic.com/research/project-vend-1 Fun aside, finance and code can both depend critically on small details. Does finance have the same checks (linting, compiling, tests) that can catch problems in AI-generated code? I know Snowflake takes great pains to show whether queries generating repor…
That part about Claude suddenly going all in on being a human wearing a blazer and red tie and then getting paranoid about the employees was actually rather terrifying. I got strong "allegedly self-driving car suddenly steering directly into a barrier" vibes at that point.
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Re: Claude for Financial Services
#44I think their vending machine project might need to succeed before you should trust Claude for investment advice: https://www.anthropic.com/research/project-vend-1 Fun aside, finance and code can both depend critically on small details. Does finance have the same checks (linting, compiling, tests) that can catch problems in AI-generated code? I know Snowflake takes great pains to show whether queries generating repor…
Claude 3.7 orders titanium cubes.
Claude 4 orders Melaniacoin ETF.
Re: Claude for Financial Services
#45Re: Claude for Financial Services
#46This is gonna be painful at first then might be cool...but you sure as hell know someone's gonna lose some money.
Re: Claude for Financial Services
#47The more and more AI projects I see both at work and online, the more convinced I'm that I should treat AI as an application interface, that's all. It's a slightly different modality for the application. Nothing AI does wasn't possible before. You could always "create a price performance chart showing a stock's movement with key events annotated since May". You could also always buy dozens of software that will not j…
But, unfortunately, it also runs the risk of hallucination and improper logic.
Re: Claude for Financial Services
#48FWIW, OpenAI has an offering called “Solutions for financial services”: https://openai.com/solutions/financial-services/
Why are both AI giants choosing to pay attention specifically to this space out of all other spaces they could choose to focus on?
It's way easier to do market manipulation if your product is the one fucking things up.
Re: Claude for Financial Services
#49Earlier quoted context omitted.
Because they have the money.
I just don't see the value prop for LLM for financial markets specifically but I guess I'm not familiar with the workflows of analysts. "Backtest this for me" "Analyze this" "Find a pattern" "Beat the market"
I'd imagine the main use case is to whitewash insider trading signals ...
Re: Claude for Financial Services
#50FWIW, OpenAI has an offering called “Solutions for financial services”: https://openai.com/solutions/financial-services/
Why are both AI giants choosing to pay attention specifically to this space out of all other spaces they could choose to focus on?
If all the hedge funds think their workers will have an edge if they are llm powered cybernetics, it will be an amazingly profitable arms race for the AI firms.