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Strides in AI’s skill to do maths imply fashions can plausibly assist with analysis
In late January, Mark Higgins, the retired co-founder of fintech firm Beacon Platforms and former co-head of quant analysis at JP Morgan, got down to remedy an options-pricing downside that had bugged him for a lot of his profession.
The character of the issue – which considerations how correlations between foreign money spot costs and volatility behave otherwise from how they’re normally modelled – issues much less right here than how Higgins solved it. He used a mix of two massive language fashions.
I’m good at this
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