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| Algos like AI are predicated on history & norms associated with the data that was used or how it might be applied. People that use AI will tell you it can be wrong, so be very careful how you use it. Algos obviously use old stats to predict future outcomes. I'll bet you in many cases, that data let's say from 1993 has been deemed outmoded, & maybe to scant to use in modern application, so it's accuracy might be questioned, so carries little weight. Quantum mechanics would have the ability to more accurately predict outcomes based on different scenarios being applied. Unfortunately, we don't have quantum computing up to speed to aid in our pursuit of more accurate decision making. The worst thing that ever happened to price discovery was the day we allowed computer trading in my opinion. Let's face it, we are at a severe disadvantage when it comes news & events that can move markets in a blink. My biggest hope for ag is that someday all the farmers can get together & decide how to manage production needs in any given commodity. Unlikley, but one can always dream. | |
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Today's musings
