Re:Numerai, a hedge fund built by a community of anonymous d...
by brycehidysmith on Tuesday June 21, 2016 @04:48PM
(#11949283)
Does it matter? The machine saw a pattern, and it responded to the pattern. We don't need to know.
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Re:Numerai, a hedge fund built by a community of anonymous d...
by datamingle on Tuesday June 21, 2016 @06:26PM
(#11949947)
If the machine is "anonymous", it does matter. Scenario #1: A human gets insider information that a Solar City will be bought. Makes his anonymous "AI machine" predict that Solar City is a great stock to buy!
Re:Numerai, a hedge fund built by a community of anonymous d...
by alexmingoia on Tuesday June 21, 2016 @06:36PM
(#11950003)
That's not possible. The data is encrypted. None of the participants can see which stocks (or anything) about the data they train with. Numerai turns stock prediction into a pure ML problem.
Re:Numerai, a hedge fund built by a community of anonymous d...
by theli0nheart on Tuesday June 21, 2016 @06:38PM
(#11950020)
Doesn't the encrypted chart still need to display price history or volume? If so it seems like it'd be a trivial task to match it up with its real-world counterpart.
Re:Numerai, a hedge fund built by a community of anonymous d...
by richard_craib on Tuesday June 21, 2016 @06:46PM
(#11950077)
It would be easy to match an obfuscated stock market dataset with some third party dataset, and this has happened on many Kaggle competitions (data leaks). That's why the encryption here is important.
Re:Numerai, a hedge fund built by a community of anonymous d...
by Someone on Wednesday June 22, 2016 @03:46AM
(#11952164)
But how do you encrypt a stock's historical performance without removing the information (performs better in summer, went up after 9/11…) hidden inside it?
You can add noise, but I doubt that will be enough.
Re:Numerai, a hedge fund built by a community of anonymous d...
by ikeboy on Tuesday June 21, 2016 @07:18PM
(#11950254)
See https://en.wikipedia.org/wiki/Homomorphic_encryption, which they claim to use.
Re:Numerai, a hedge fund built by a community of anonymous d...
by ves on Wednesday June 22, 2016 @01:18AM
(#11951714)
There's no way in hell they're doing ML on cipher text. It's like orders upon orders of magnitudes too slow.
Re:Numerai, a hedge fund built by a community of anonymous d...
by emkman on Wednesday June 22, 2016 @02:16AM
(#11951902)
The model has no idea what stock it is predicting. It is just a random ID that represents a security. Further, there are no encrypted charts and no ability to backtest your model outside of the small amount of data provided by Numerai. Download the csv's. They are much smaller than I expected.
Re:Numerai, a hedge fund built by a community of anonymous d...
by jldugger on Tuesday June 21, 2016 @10:34PM
(#11951181)
Okay, submit hundreds of bots, and have them generate random picks. One gets lucky, and is selected for hilighting.
Re:Numerai, a hedge fund built by a community of anonymous d...
by richard_craib on Tuesday June 21, 2016 @11:47PM
(#11951425)
Check your coin toss math on 1000, 10000, 100000 predictions.
Re:Numerai, a hedge fund built by a community of anonymous d...
by discardorama on Tuesday June 21, 2016 @11:17PM
(#11951332)
So when your "AI" makes a recommendation, it recommends some encrypted symbol?