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Toggle comments on Stupid Questions December 2014 - Less Wrong Discussion

16 Post author: Gondolinian 08 December 2014 03:39PM

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Comment author: ChristianKl 10 December 2014 03:22:30PM 1 point [-]

Could a variant of Watson be used to automate the distribution of capital in the same way that it makes a medical dignosis?

The stock market has a lot of capable AIs that manage capital allocation.

Comment author: Toggle 10 December 2014 07:15:30PM 1 point [-]

Fair point. It's my understanding that this is limited to rapid day trades, with implications for the price of a stock but not cash-on-hand for the actual company. I was imagining something more like a helper algorithm for venture capital or angel investors, comparable to the PGMs underpinning the insurance industry.