PART 2: MIT Professor on How AI & LLMs are Shaping Financial Advice, Analysis, & Risk Management

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  • Опубликовано: 25 ноя 2024

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  • @AadhilaEesha
    @AadhilaEesha Месяц назад +35

    No doubt a 50 basis point rate cut is in order, inflation is a killer for the middle and lower class. Monetary policy decisions should prioritize economic stability for the working class, not cater to wall street’s big boys and politics.

    • @xavier_lucas
      @xavier_lucas Месяц назад +4

      My concern is where we will begin to see the effect of these cuts, is housing going to follow suit? I missed out on my dream home during the pandemic, I am now all eyes and ears for a further decline in mortgage rates.

    • @FranciszekPawal
      @FranciszekPawal Месяц назад +2

      That will be in 2025, the mortgage market already anticipated this as early as May.

    • @AadhilaEesha
      @AadhilaEesha Месяц назад +2

      Further decline? This is the reason I had wanted to refinance in the 1st quarter according to our budget but my spouse likes the space and the pool. If I go ahead with the plan, I will have over 200k to put in a HYSA as I had initially intended, seeing stocks are very volatile these days and the bond market (10Y) is pricing in the effect of rate cuts by ticking upwards, is it a good time for an average joe to get into the financial markets?

    • @Muller_Andr
      @Muller_Andr Месяц назад +5

      Consider consulting a financial advisor to protect your retirement savings from inflation. I personally saw my portfolio grow from $750,000 to $1.2 million in 3 years, saving $23,000 in taxes and earning $45,000 in dividends, despite 2.5% annual inflation. A financial advisor can help you rebalance your portfolio, optimize retirement income, and develop a tax-efficient strategy to safeguard your future.

    • @AadhilaEesha
      @AadhilaEesha Месяц назад +1

      Who's your financial advisor? how do I get in touch ?

  • @cvvitale4813
    @cvvitale4813 Месяц назад +4

    Andrew Lo da G O A T

    • @yuriomelchenko5083
      @yuriomelchenko5083 Месяц назад

      Auto translate does the job. Sometimes, it gives Masters of Laws as translation of LLM.

  • @peterpalumbo1963
    @peterpalumbo1963 Месяц назад

    To solve problems with AI and Large Language models the solution seems to be ask the right question. If there is a problem break the question into more and simple parts or questions.

  • @MrEast900
    @MrEast900 Месяц назад +2

    Will there be a part 3?

  • @DistortedV12
    @DistortedV12 Месяц назад

    I'm sure agents or RAG can do that first thing easily? But I get his main point, grounding is important.

  • @captainreza1
    @captainreza1 Месяц назад +5

    No real meat in this video. Simply stating what’s already a common “knowledge” in the space.

  • @user-wr4yl7tx3w
    @user-wr4yl7tx3w Месяц назад +1

    it always surprises, despite the fact that they teach the law of large numbers in their courses, but when it comes to phd oral exam, somehow anecdotal cases suffices as deciding the hypothesis. seems so suboptimal and so dumb. would you test new drugs that way?

  • @JamesNewton
    @JamesNewton Месяц назад +1

    I deeply respect his knowledge and ability, but he avoided or glossed over answering those questions. E.g. the alignment problem is serious and isn't being addressed.

  • @РодионЧаускин
    @РодионЧаускин Месяц назад

    Jackson Sandra Hall Deborah Martin Sharon

  • @potusboy
    @potusboy Месяц назад

    while the thoroughness is appreciated;; I think the dissemination of skepticism can psychologically have negative associations and possible jarring implications to the technologies adoption.

  • @juanferbriceno4411
    @juanferbriceno4411 Месяц назад

    Knowledge is not understanding

  • @vijjreddy
    @vijjreddy Месяц назад

    THIS IS NOT ACTUALLY ACCURATE.. WE HAVE GOOGLE WHICH HAD TRAINED ITS SOFTWARE TO ANSWER ALL KINDS OF NUMERICAL QUESTIONS (OTHER THAN SOLVING COMPLEX NON-LINEAR EQUATIONS ETC)... SO WE ALREADY HAVE THE PART NEEDED TO BE ADDED TO LLMs.. SO THAT AI CAN HANDLE PRACTICALLY ANY QUERRY ONE CAN COME UP WITH..