My co-worker showed me a whole presentation that basically boiled down to while(true){print(money)}; I tried to explain to him it wasn’t so easy and his logic had massive holes in it what would lead to many lawsuits, but I don’t think I deterred him at all.
It seems like the obvious choice. There is an abundance of data, systems in place for automating trades, and a lot of money in play. It just seems like if it was possible, it would already have been done by the big players or these existing robo-investors… not some guy who Googled “how to make AI”.
On top of that his idea was deeply flawed. I asked about risk tolerance and he said on the fly they could adjust that. Then I asked how he was going to do that and break out the funds (as be planned to have all the investors in one giant pool), and it was crickets.
My co-worker showed me a whole presentation that basically boiled down to while(true){print(money)}; I tried to explain to him it wasn’t so easy and his logic had massive holes in it what would lead to many lawsuits, but I don’t think I deterred him at all.
Crypto, eh?
Nope, AI trading bot.
Man, this must just be a right of passage for working as a SWE or MLE at this point. I’ve heard this pitch from coworkers/managers more than once.
It seems like the obvious choice. There is an abundance of data, systems in place for automating trades, and a lot of money in play. It just seems like if it was possible, it would already have been done by the big players or these existing robo-investors… not some guy who Googled “how to make AI”.
On top of that his idea was deeply flawed. I asked about risk tolerance and he said on the fly they could adjust that. Then I asked how he was going to do that and break out the funds (as be planned to have all the investors in one giant pool), and it was crickets.
Depending on what your coworker actually intended to do, you might want to let them know that printers have features built in to make their output traceable, specifically intended for catching counterfeiters.
That’s one of these things that sounds like a crazy conspiracy theory the first time you hear about it, but it’s true
Edit: haven’t actually clicked the link. I mean the yellow dots which the printer makes which is directly traceable to your printer: https://en.m.wikipedia.org/wiki/Machine_Identification_Code
Basically all printer manufacturers entered a secret contract with governments.
So, uhh… what did the print(money) part look like? Asking for a friend.