Current Limitations With AI / Copilot


jimbo45

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Hi there

While I Iike AI it still has a long way to go yet - for example trying to use say chatGPT to return the market capitilisation of the current UK's AIM market (for those who aren't into finance this is the UK's "Alternative Investment Market" - for companies far smaller than would be traded on the standard markets such as S&P (NYSE) , NASDAQ, FTSE 100/250 etc) - usually also very risky but can once in a while return a winner. - Spread can be large (i.e difference between offer and bid price), plus selling quickly might be difficult or impossible as there's not always a ready market.

For example about 4 mins to return this:

Splitting AIM companies by market cap size :

£0–£50M: ~300 companies

£51M–£100M: ~150 companies

£101M–£150M: ~80 companies

£151M–£200M: ~50 companies

£201M–£250M: ~35 companies

£251M–£300M: ~25 companies

£301M–£350M: ~20 companies

£351M–£400M: ~15 companies

£401M–£450M: ~7 companies

£451M–£500M: ~3 companies

it took quite a while to come up with (admittedly the right set of data) but simply used brute force rather than get a load of the required data from various financial sites which had a load of this data already available. Especially on decent hardware and with excellent Internet at around 10 Gbps.

Anybody got any insite as to the "efficiency" of the learning processes of some of these A.I systems or is that going to be forever a "closed subject" !!!!. I believe python was a computer language primarily designed for use with robotics and A.I.

cheers
jimbo
 
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CGPT is my favourite Artificial Idiot but beware sometimes it generates clearly incorrect answers since it has no understanding of the veracity of the data source it is using. These 'AIs' are extremely large neural networks trained on all available information I guess with little priority given to the accuracy of the information.
 

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the more these big corporations keep pushing AI the greater my determination is to avoid it.
best of luck, Steve ..
 

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Hi there

While I Iike AI it still has a long way to go yet - for example trying to use say chatGPT to return the market capitilisation of the current UK's AIM market (for those who aren't into finance this is the UK's "Alternative Investment Market" - for companies far smaller than would be traded on the standard markets such as S&P (NYSE) , NASDAQ, FTSE 100/250 etc) - usually also very risky but can once in a while return a winner. - Spread can be large (i.e difference between offer and bid price), plus selling quickly might be difficult or impossible as there's not always a ready market.

For example about 4 mins to return this:

Splitting AIM companies by market cap size :

£0–£50M: ~300 companies

£51M–£100M: ~150 companies

£101M–£150M: ~80 companies

£151M–£200M: ~50 companies

£201M–£250M: ~35 companies

£251M–£300M: ~25 companies

£301M–£350M: ~20 companies

£351M–£400M: ~15 companies

£401M–£450M: ~7 companies

£451M–£500M: ~3 companies

it took quite a while to come up with (admittedly the right set of data) but simply used brute force rather than get a load of the required data from various financial sites which had a load of this data already available. Especially on decent hardware and with excellent Internet at around 10 Gbps.

Anybody got any insite as to the "efficiency" of the learning processes of some of these A.I systems or is that going to be forever a "closed subject" !!!!. I believe python was a computer language primarily designed for use with robotics and A.I.

cheers
jimbo
The result returned in my example wasn't incorrect - my quibble with it was just the seemingly idiotic way it went about trying to collect its data !!!!!

A.I will come - it's inevitable. Those who oppose it are just behaving like people who tried to smash up the factory looms in the UK's Victorian Industrial revolution on the ground it would make workers (who traditionally did this stuff laboriously by hand) unemployed -- no redundancy or social welfare back then !!!!. Technology will cause shifts in employement - it rarely causes less demand for labour - even though there will be a longer cross over period this time as low level low skilled "routine" based jobs are phased out.

With all new tech don't 100% trust it entirely but also don't distrust it 100% either. Just ensure that you have a "plan B" for when it fails. I'lll bet many youngsters here can't read or follow a map (assuming they have even seen one now) so nowonder there's chaos if the services supplying Sat Nav info break down !!!!.

Just for the record copilot and EXCEL just in the last few months have saved me weeks of laborious previously hand based calculations -- and it's getting better with each new release of EXCEL and Windows.

Cheers
jimbo
 

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