Tensorflow is overhyped
Recently, Tensorflow GPU is being overhyped. Actually every artificial intelligence algorithm is designed for a purpose.
Howdie, buddies?
If you watch tv or YouTube, you may have been told that Tensorflow outperforms everything else, and you may think that it is going to dominate the world. But it’s not the case when it comes to financial investment. Last time I wrote a post where I said I made 10 predictions and got 8 hits using decision tree of scikit learn, a community that provides free artificial intelligence algorithms. Here are my past predictions and outcomes.
I haven’t kept track of all of them, but I did keep one failure.
Prediction of gold on roughly January 15:
It was correct and I short sold gold:
Then silver around January 11:
And it was correct though not profitable:
Next, euro vs us dollars around January 10:
And boom
Finally crude oil on January 8:
Crude oil is affected by a lot of factors like wars and US government manipulation.
It was right on the first try
Then the price hit the prediction. (Due to inconvenience, I ran python. History is available on TradingView)
But the price was expected to come down but it went bullish again, because, if I remember correctly, a war broke out:
In the future of AI dominated world, what strategy can be better than making money with AI to buy others’ AI?
And decision tree is a good way to start.