MIT Professor on How AI & LLMs are Shaping Financial Advice, Analysis, &...

Although he takes on too many questions, I am high on Prof Lo's take on LLMs.

Predicting the market is the holy grail of AI in this culture. As Lo highlights, the 
ability of the AI to site anomalies is great. Yea, but we say unto you all, that is just
half the battle. In fact, the LLM can site as many false anomalies as true ones. Just
like us humans.  Good Stuff. As I used to tell my Editorial Director: "We're working
on it."

Today on the market: Volatility grew significantly. The indices were down almost
uniformly, and a sense that money was seeking other markets pervades. Meanwhile, 
there are rumors of war and oil. Too, yields are up to a magic 4%, as bets are unwound
on a dovish Fed in the wake of improving job markets. Maybe most important,
a yet-to-be-resolved election outcome imbues the traders' ranks with profound
uncertainty. And two hurricanes in a month batter the Florida Gulf Coast.

The prevailing sentiment and the specific circumstances of the tomorrow will play a
 significant role in determining the market's direction. It's the anniversary of the
Hamas kibbutz attacks.  The storm will get closer. Expect Risk Aversion: Seek
 safer investments. Wait out  a bearish market sentiment. Remember at base the US
still has a strong economy.

We asked the Gemini LLM for thoughts on Prof Lo's comments, and how they might
effect stock maven sentiment. What say Google's Vaunted Digital Twin? Here goes:

Positive Sentiment: If the market views Prof Lo's perspective on LLMs as credible and insightful, it could potentially boost investor confidence in AI technology and its potential applications.

Cautious Optimism: However, the market might also exercise caution, given the limitations and challenges associated with LLMs, as highlighted by Prof Lo.