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by steveBK123 793 days ago
LLMs labor savings will only help financial market participants if they manage to do it without hallucinations / can maintain ground truth.

Sure its great if your analysts save 10 hours because they don't need to read 10Ks / earnings / management call transcripts .. but not if it spits out incorrect/made up numbers.

With code you can run it and see if it works, rinse & repeat.

With combing financial documents to then make decisions, you'll realize it made up some financial stat after you've lost money. So the iteration loop is quite different.

1 comments

Price speculations are hallucinations about future with hope of happening.