'In Brunnermeier's telling, AI is so much better at processing information than humans that it will soon have the advantage of knowing with near certainty what central bankers will do even before those policymakers know it themselves, and can therefore devise trading and other strategies to circumvent those actions and turn a profit -- legally or otherwise.'
If folks think the capital markets are a crap shoot now, wait until they see the knock on emergent effects of bands of AI agents teaming up to rig them.
Amazing that these 'living fossils' survived in these small pockets of forest that are the only remnant of the ancient supercontinent Gondwana. How many other endemic species are clinging on in tiny spots around the globe?
Latest Claude LLM writes passable drafts of product documentation, such as tutorials, so I expect similar impact for technical writers. In my tests, the code samples all worked on the first prompt. Verifying code samples is much faster than writing them, but that was my favorite part of the career.
If folks think the capital markets are a crap shoot now, wait until they see the knock on emergent effects of bands of AI agents teaming up to rig them.