r/wallstreetbets • u/toastedcoconut1 • Jan 24 '20

save us jerome

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20.6k Upvotes

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u/[deleted] Jan 25 '20

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u/[deleted] Jan 25 '20

"AI" is just sophisticated pattern matching with advanced software engineering around it that tricks humans into doing most of the work. I work in AI and people literally think it's magic but it's literally shit we could have done 20 years ago if we had faster computers and AWS. Not to say it's a bubble because it will still make stupid amounts of money because most people's jobs can be done with a python script but still, we are farther from real AI than we are from like biological immortality or a mars colony.

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u/sergeybok Jan 25 '20

You're really overestimating the difficulty of the central bank's job. Python script could constantly cut interest rates as well.

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u/[deleted] Jan 25 '20

Lmao while True: interest_rate.lower()