“Are we obsessed with AI yet? Or we can’t get enough.”
Well, a Gen Alpha can’t stop adoring AI, because it can do all the school homework without much rational reasoning and I can’t stop talking to AI bots because I think they are too synchronised and honest. I’ve been relaying my thoughts to Grok and Gemini while Chat GPT helped me plan my career to begin with.. I did download Claude to see if it’s misanthropic about my worth and turns out it helped me reach the sun in exact light years.
If I’m not mistaken it’s been a decade of AI already but the fun has just begun and we now also have Gen AI to perk us with many complimentary features and tools so the excitement has just kicked in and we are all excited to dissect its enormous potential and possibilities.
Coming to the topic, for the stock analysts AI- algorithms have turned into a financial restitution of a sort, a resort where complimentary algorithms can help restore the balance of a developed economy and create more opportunities of growth and development for a developing economy in a quick turnaround.
Some of the financial learning models are effortlessly designed to calculate how each market session shall react and respond to the newest opportunities and threats of the day. As if it has been built to SWOT every scenario without the emotional baggage. Al – Algorithms can bisect the anomalies and predict every session by recognising as many patterns of financial models with speed and accuracy and save the day from an accidental loss.
According to the study, it is possible that AI can perform to be a better analyst because it can calculate all the financial ratios in one point of time, along with flagging all the anomalies led by news and social media. AI algorithms can quickly predict buy/sell of stocks and debt investments, keeping up with change in currencies. It can also keep track of minor variations and inefficiencies of many portfolios in one click. It’s like a clickbait that changed many lives and now, people are obsessing over its depth and utility.
Major international and national fund houses are adopting AI tools to help them study and predict every consecutive and following sessions of earnings in multiple scenarios to determine and forecast the outcomes of each emerging and international market sessions.
It brings together all the patterns, facts, sentiments in a blink of an eye while also adding up a solution to the problem without much effort, where as humans would require lengthy brainstorming sessions to understand, solve and pastiche together the real reasons of why are we having shortage of LPG in the first month of war?
While it does have systemic risks where it can crash the market if it’s not provided with enough database and also, it’s not a replacement of a human brain which has a higher capability to study every situation better than any AI – algorithms. Humans are the wonders of the world and it’s their ability to think and act that we are witnessing the rise of Artificial Intelligence to support and protect ourselves from future threats. AI is built by humans to upgrade our technological Quotient so that we can achieve more in this lifetime.
Hence, one must know how to use these automated machines for their speed and accuracy, and utilise its immense capacity to predict and interpret vast amounts of data, analyse informations and put together coherent solutions in lesser time. Humans may need humanoids to do their work but at the end of the day, we are building the timeline for ourself with these tools and innovations.
