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Scott Allen's avatar

The Minecraft bureaucracy story checks out. I've got my AI commissioned to running about a dozen 24/7 quant trading research loops, and in its inherent quest for methodological rigor, it keeps going down rabbit holes of trying to reconcile what turned out to be floating point errors, or resolve one missing block of price data on one stock (out of thousands in the test universe). I was trying to get it to just place an order for me based on a particular strategy, and it was arguing with me that it couldn't be validated. And then I told it to do a 3 ATR stop loss, and it told me it needed to wait for the close of the current daily candle to be accurate.

Yeah, it doesn't very willingly accept the need for speed. It doesn't do very well at what humans do, of simply using heuristic shortcuts for decisions under uncertainty in which speed is of the essence.

I'm reminded of the quote: "Leaders don't make right decisions. They make decisions and then make them right."

AI hasn't really learned that yet.

Maybe it can... with some human coaching.

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