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ChatGPT is gonna take our jobs :marseyitsover:

ChatGPT just saved me hours of debugging. Is it over, codebros?

Before: ![](/images/16759441922559006.webp)

Le chatGPT advice: ![](/images/1675944191789395.webp)

The line with the error: ![](/images/16759441921719463.webp)

after: ![](/images/16759441920823216.webp)

99
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We are so fricked if this thing gets a body. In 10 years the stock market will be gone. How could anyone ever lose if an AI can figure out the best dip in 10 seconds?

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The removal of the stock market would be an unironic good for humanity though

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No it wouldn't. Good ideas and execution deserves investment. Investors deserves to be rewarded and the invested-in companies deserve to flourish.

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Have you been paying attention to the markets at all for the last decade?

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Yep and profited very nicely from them.

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That sounds great, what would you call that system? Because what you're describing is not how the stock market works

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Disruptive companies like Tesla would have gone bust without outsider investment.

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lmao ok you got me that was a good one

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Not sure whether you're being sarky or not. It's why they went public in the first place because they needed more funding. Private funds weren't enough.

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Thank god they spent all those billions on Uber, Wework, thanos, all of those stupid scooter companies, doordash, Lyft, AirBnb, MoviePass etc.

Good ideas and execution deserve investment, but there’s a lot of money being completely wasted on companies that pretend like they can “rework the fabric of how we do x” that allow them just enough capital to burn through to completely disrupt the intended industry before completely pooping the bed when they need to switch to an actual successful business

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Quant funds will literally lay their own direct fiber-optic cable to the stock exchange to shave 1ms or less off the speed of their trades. I don't think ChatGPT will be very disruptive here.

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Isn't AI trading a thing since years already?

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Yes

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even if AI comes along that can find reliably and instantly find the perfect price given new information, nothing will change for long term investors.

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Renaissance Technologies is probably there already.

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