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[–] 2 points 2 months ago

Honestly, this could be a great equaliser.

Home grown AI models have been shown to be extremely good at market analysis and predictions, some managing quite nice gains by daytrading small amounts and micro transactions - gains that previously were reserved to the coke-moustached shark investors and savvy finance geeks.

If hosted models can bring results even just half as good as those, to the average people, that will be a make and break point for the finance fuckers. Because why would you go to an investment firm who offers maybe 40-50% gains YoY while taking 15-20% of the profits, when you can pay £20 for Claude or ChatGPT and have 300-500% returns on your base investment every month?

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