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Robinhood now lets your AI agents trade stocks

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Re: Robinhood now lets your AI agents trade stocks

#7
post #4

I don’t understand this constant fascination with having language models trade stocks. Language models are very useful tools but not aligned at all with generating alpha.

The usual question: what's "aligned with generating alpha" that a human stock trader can do, but an ai can't?

Re: Robinhood now lets your AI agents trade stocks

#8
post #4

I don’t understand this constant fascination with having language models trade stocks. Language models are very useful tools but not aligned at all with generating alpha.

AI agents for trading, as well as 24/7 trading are no different than offering sports gambling and prediction markets to the masses; it is a vacuum for the fiat of the unsophisticated. The goal is more trading volume to generate more fees, similar story with private equity wanting access to 401ks to unload PE at peak valuations to bag holders.

https://en.wikipedia.org/wiki/Parable_of_the_broken_window

Re: Robinhood now lets your AI agents trade stocks

#9
post #4

I don’t understand this constant fascination with having language models trade stocks. Language models are very useful tools but not aligned at all with generating alpha.

They’re great at generating alpha, just not for these users.
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