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An AI analyst made 30 years of stock picks – and outperformed human investors by a ‘stunning’ degree (news.stanford.edu)

submitted 1 week ago by Pro@programming.dev to c/Technology@programming.dev

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Using public information and making small tweaks, an alpha-seeking AI fund manager outperformed 93% of mutual fund managers by an average of 600%.

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[–] rooster_butt@lemm.ee 1 points 1 week ago* (last edited 1 week ago)

So an AI is trained on historical data and then is asked to predict such historical data to use as a metric. Hmmmm. Let's see it perform on future data before claiming anything wild.