Friday, June 9, 2023

Nobody manages the Bots

By DAC000 , in Bots , at November 15, 2019 Tags: ,

To start with this evening, we raise a cautionary tale which has become all too common with Machine Learning – when Bots make bad decisions who manages The Bots?  Very often, as Apple and Goldman Sachs have learned, nobody.  And its really, really, bad if The Bot makes sexist decisions.  About a five-minute read. 

Comment: Bots managing money privately have made many poor, but frequently covered-up decisions. Bots making poor decisions in public retail space are much harder to cover up.