Artificial intelligence? Or not? I think it is “forced” AI
A few days ago there was a post where Sir Fully (?? correct me if I’m wrong) mentioned that many search results were disappearing from Google. Meaning that the searches’ results, and the correlated (big) data was being influenced.
Today I saw a headline flash on my phone that Taiwan Semiconductor profits fell by 19%.
To read more, I went to Yahoo Finance.
And lo and behold, see the “bullish” headline!
https://finance.yahoo.com/news/stock-market-today-us-futures-point-to-rebound-as-chipmakers-shine-124827902.html
Wow! What is a poor inhuman stock trading algo going to do?
Is this AI? My foot! Sheesh!
Edit: Notice what the verbiage of the link is while the new headline has the keyword “AI” totally out of sync with the words of the link (am I intelligent or what?) … https://finance.yahoo.com/news/tsmc-q4-profit-falls-19-053842204.html …
not just AI, but to increase the weightage assigned to this “influential” headline they put in every bullish word or phrase possible !!! Sheesh! Sheesh!
“bullish on AI demand, forecasts 20% revenue growth”
1. bullish
2. AI
3. AI demand
4. revenue growth
Since I’m a software guy going over two decades strong, I know how the weightage is/are calculated. If there’s one headline with 5 positive phrases, it will have more weightage than four headlines with a negative bias. These inputs will influence the algo, which will serve as the source/feeder of many “sucker” algos.
Deep down in the article is the mention of …
“TSMC posted a 19% drop in net profit for the October-December quarter to T$238.7 billion ($7.6 billion) from a particularly strong year-earlier quarter.”
GL