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Mad Hedge Fund Trader

August 21, 2019

Tech Letter

Mad Hedge Technology Letter
August 21, 2019
Fiat Lux

Featured Trade:

(DOES ARTIFICIAL INTELLIGENCE WORK?)
(A.I.)

https://madhedgefundtrader.com/wp-content/uploads/2019/05/cropped-mad-hedge-logo-transparent-192x192_f9578834168ba24df3eb53916a12c882.png 0 0 Mad Hedge Fund Trader https://madhedgefundtrader.com/wp-content/uploads/2019/05/cropped-mad-hedge-logo-transparent-192x192_f9578834168ba24df3eb53916a12c882.png Mad Hedge Fund Trader2019-08-21 08:04:092019-09-17 15:39:38August 21, 2019
Mad Hedge Fund Trader

Does Artificial Intelligence Work?

Tech Letter

The untold story of artificial intelligence and why it doesn’t work is a story that doesn’t see the light of day.

But we live in it, around it, and will be deeply affected by it in the future.

The unbridled growth of the market for data labeling passed $500 million in 2018 and it will reach $1.2 billion by 2023.

Companies are spending around 80% of A.I. technology resources building these machine learning databases highlighting how corporations have bet the ranch on this new form of technology.

Online data-labeling services in far-flung lands are taking advantage of cheap labor to assign manual labels to images from anything such as green bottles or milk cartons.

This superhuman effort underpins the technology of machine learning.

These low paid foot soldiers could eventually hollow out the mid-level job market where upper management find it convenient to rely on software in a hybrid relationship.

Or will they?

This technology called machine learning is effectively constructing a mega library of data and, in many cases, images where it can match and then offer a solution in real-time.

For example, a garbage collector can commission software to construct a garbage item segregator and the green bottle that is captured by cameras can identify whether it is plastic, glass, and should be recycled or not.

The results are then relayed to the system and database with ensuing instructions.

A robust database chronicling thousands of green bottles will offer conclusive evidence delivering a solution to the placement of this green bottle via the machine learning garbage segregation software.

This certain example is one small instance of how machine learning can be incorporated into real life in a successful manner.

Human labor through an army of image labelers is needed to undertake this project.

One of the factors that make this particular example favorable to machine learnable achievement is operating in absolutes.

The green bottle must be composed of a certain material.

Software will indicate whether a bottle is glass and then categorize the green bottle through verification in the database.

A positive actionable result is the most likely outcome with this green bottle.

This is the type of data through image labeling that feeds artificial intelligence software to work in ways the creators of these projects hoped for.

But where does machine learning fantastically fail?

The database is a historical snapshot of what the world used to be and the second a database is updated, it also becomes more historical.

Artificial Intelligence cannot predict future change.

The velocity of change to the world in 2019 has picked up steam with every type of phenomenon transforming through new iterations manifested in corporations and other business in shorter time spans.

A historical database does not reflect the world in which we live now but can only record what happened in the past.

If climate change rears its ugly head through stringent policy and banned green bottle production in the world, a backward-looking database would have no need for useless green bottle data leftover in the system.

This is a shortcoming of machine learning.

Then as policymakers or technology entrepreneurs naturally pursue their goals, paradigm shifts that quickly rush in to distort old databases cannot be accounted for in the new software causing the error-rate to mushroom.

Since machine learning is inherently reliant on tedious human labor to develop a database, these databases cannot be fixed in days.

The best entrepreneurs are on top of the pulse of future development and can tailor-make a business whether it is software or physical product to capture the potential demand.

Nimbleness and adaptability are in vogue and machine learning cannot provide these important skills.

Machine learning software can be applied in certain niche situations like facial recognition.

These programs will never become skilled enough to make the critical decisions or be the x-factor in a business.

Training your company to be like the past and not the future is a kamikaze mission.

The world moves on and business needs to capture that.

 

 

https://www.madhedgefundtrader.com/wp-content/uploads/2019/08/machine-learning.png 652 972 Mad Hedge Fund Trader https://madhedgefundtrader.com/wp-content/uploads/2019/05/cropped-mad-hedge-logo-transparent-192x192_f9578834168ba24df3eb53916a12c882.png Mad Hedge Fund Trader2019-08-21 08:02:422019-08-21 07:54:18Does Artificial Intelligence Work?
Mad Hedge Fund Trader

August 21, 2019 - Quote of the Day

Tech Letter

“I started the site when I was 19. I didn't know much about business back then.” – Said Co-Founder and CEO of Facebook Mark Zuckerberg

https://www.madhedgefundtrader.com/wp-content/uploads/2019/08/mark-zuckerberg.png 414 525 Mad Hedge Fund Trader https://madhedgefundtrader.com/wp-content/uploads/2019/05/cropped-mad-hedge-logo-transparent-192x192_f9578834168ba24df3eb53916a12c882.png Mad Hedge Fund Trader2019-08-21 08:00:472019-08-21 07:53:49August 21, 2019 - Quote of the Day
Mad Hedge Fund Trader

Trade Alert - (DIS) August 20, 2019 - BUY

Trade Alert

When John identifies a strategic exit point, he will send you an alert with specific trade information as to what security to sell, when to sell it, and at what price. Most often, it will be to TAKE PROFITS, but, on rare occasions, it will be to exercise a STOP LOSS at a predetermined price to adhere to strict risk management discipline. Read more

https://www.madhedgefundtrader.com/wp-content/uploads/2016/02/Alert-e1457452190575.jpg 135 150 Mad Hedge Fund Trader https://madhedgefundtrader.com/wp-content/uploads/2019/05/cropped-mad-hedge-logo-transparent-192x192_f9578834168ba24df3eb53916a12c882.png Mad Hedge Fund Trader2019-08-20 11:25:282019-08-20 11:27:03Trade Alert - (DIS) August 20, 2019 - BUY
Mad Hedge Fund Trader

August 20, 2019 - MDT Alert (FDX)

MDT Alert

While the Diary of a Mad Hedge Fund Trader focuses on investment over a one week to the six-month time frame, Mad Day Trader, provided by Bill Davis, will exploit money-making opportunities over a brief ten minute to three-day window. It is ideally suited for day traders, but can also be used by long-term investors to improve market timing for entry and exit points. Read more

https://madhedgefundtrader.com/wp-content/uploads/2019/05/cropped-mad-hedge-logo-transparent-192x192_f9578834168ba24df3eb53916a12c882.png 0 0 Mad Hedge Fund Trader https://madhedgefundtrader.com/wp-content/uploads/2019/05/cropped-mad-hedge-logo-transparent-192x192_f9578834168ba24df3eb53916a12c882.png Mad Hedge Fund Trader2019-08-20 10:28:492019-08-20 10:45:38August 20, 2019 - MDT Alert (FDX)
Mad Hedge Fund Trader

August 20, 2019 - MDT Pro Tips A.M.

MDT Alert

While the Diary of a Mad Hedge Fund Trader focuses on investment over a one week to a six-month time frame, Mad Day Trader, provided by Bill Davis, will exploit money-making opportunities over a brief ten minute to three-day window. It is ideally suited for day traders, but can also be used by long-term investors to improve market timing for entry and exit points. Read more

https://madhedgefundtrader.com/wp-content/uploads/2019/05/cropped-mad-hedge-logo-transparent-192x192_f9578834168ba24df3eb53916a12c882.png 0 0 Mad Hedge Fund Trader https://madhedgefundtrader.com/wp-content/uploads/2019/05/cropped-mad-hedge-logo-transparent-192x192_f9578834168ba24df3eb53916a12c882.png Mad Hedge Fund Trader2019-08-20 09:30:542019-08-20 09:30:54August 20, 2019 - MDT Pro Tips A.M.
Mad Hedge Fund Trader

August 20, 2019

Diary, Newsletter, Summary

Global Market Comments
August 20, 2019
Fiat Lux

Featured Trade:


(JOIN US AT THE MAD HEDGE LAKE TAHOE, NEVADA CONFERENCE ON OCTOBER 25-26, 2019)

(THE BEST COLLEGE GRADUATION GIFT EVER),
(TESTIMONIAL)

https://madhedgefundtrader.com/wp-content/uploads/2019/05/cropped-mad-hedge-logo-transparent-192x192_f9578834168ba24df3eb53916a12c882.png 0 0 Mad Hedge Fund Trader https://madhedgefundtrader.com/wp-content/uploads/2019/05/cropped-mad-hedge-logo-transparent-192x192_f9578834168ba24df3eb53916a12c882.png Mad Hedge Fund Trader2019-08-20 08:08:382019-08-20 07:28:58August 20, 2019
Mad Hedge Fund Trader

Trade Alert - (W) August 19, 2019 - BUY

Tech Alert

When John identifies a strategic exit point, he will send you an alert with specific trade information as to what security to sell, when to sell it, and at what price. Most often, it will be to TAKE PROFITS, but, on rare occasions, it will be to exercise a STOP LOSS at a predetermined price to adhere to strict risk management discipline. Read more

https://www.madhedgefundtrader.com/wp-content/uploads/2016/02/Alert-e1457452190575.jpg 135 150 Mad Hedge Fund Trader https://madhedgefundtrader.com/wp-content/uploads/2019/05/cropped-mad-hedge-logo-transparent-192x192_f9578834168ba24df3eb53916a12c882.png Mad Hedge Fund Trader2019-08-19 15:54:052019-08-19 15:57:44Trade Alert - (W) August 19, 2019 - BUY
Mad Hedge Fund Trader

Trade Alert - (IWM) August 19, 2019 - BUY

Trade Alert

When John identifies a strategic exit point, he will send you an alert with specific trade information as to what security to sell, when to sell it, and at what price. Most often, it will be to TAKE PROFITS, but, on rare occasions, it will be to exercise a STOP LOSS at a predetermined price to adhere to strict risk management discipline. Read more

https://www.madhedgefundtrader.com/wp-content/uploads/2016/02/Alert-e1457452190575.jpg 135 150 Mad Hedge Fund Trader https://madhedgefundtrader.com/wp-content/uploads/2019/05/cropped-mad-hedge-logo-transparent-192x192_f9578834168ba24df3eb53916a12c882.png Mad Hedge Fund Trader2019-08-19 14:15:012019-08-19 14:15:01Trade Alert - (IWM) August 19, 2019 - BUY
Mad Hedge Fund Trader

Trade Alert - (STX) August 19, 2019 - BUY

Tech Alert

When John identifies a strategic exit point, he will send you an alert with specific trade information as to what security to sell, when to sell it, and at what price. Most often, it will be to TAKE PROFITS, but, on rare occasions, it will be to exercise a STOP LOSS at a predetermined price to adhere to strict risk management discipline. Read more

https://www.madhedgefundtrader.com/wp-content/uploads/2016/02/Alert-e1457452190575.jpg 135 150 Mad Hedge Fund Trader https://madhedgefundtrader.com/wp-content/uploads/2019/05/cropped-mad-hedge-logo-transparent-192x192_f9578834168ba24df3eb53916a12c882.png Mad Hedge Fund Trader2019-08-19 11:51:272019-08-19 11:51:27Trade Alert - (STX) August 19, 2019 - BUY
Page 6 of 17«‹45678›»

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There is a very high degree of risk involved in trading. Past results are not indicative of future returns. MadHedgeFundTrader.com and all individuals affiliated with this site assume no responsibilities for your trading and investment results. The indicators, strategies, columns, articles and all other features are for educational purposes only and should not be construed as investment advice. Information for futures trading observations are obtained from sources believed to be reliable, but we do not warrant its completeness or accuracy, or warrant any results from the use of the information. Your use of the trading observations is entirely at your own risk and it is your sole responsibility to evaluate the accuracy, completeness and usefulness of the information. You must assess the risk of any trade with your broker and make your own independent decisions regarding any securities mentioned herein. Affiliates of MadHedgeFundTrader.com may have a position or effect transactions in the securities described herein (or options thereon) and/or otherwise employ trading strategies that may be consistent or inconsistent with the provided strategies.

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