Quote from: jokers10 on February 21, 2023, 06:10:40 AM

Quote from: _BlackStar on February 20, 2023, 05:56:12 AM

AI might be useful for some of things, but I'm not at all sure AI can predict the future even though the data it has is a reference for traders. I tend to think that people are starting to feel their brains and abilities are no longer better than AI so they can no longer rely on their brains for all activities, including trading. I really didn't expect AI to replace humans, and self-reliance is usually much better.

Humans were created to think and decide things wisely, while AI only works based on data provided by its developers. When the data is wrong, of course the trader will bear the consequences.

It depends on what do we call a prediction. If we expect that AI will give a 100% answer about what will be in the future then it is impossible, at least as modern science know. But if we talk about statistical probability of different main variants I guess it can do so. But if to choose most probable variant all the time you'll get an error anyway as events with low probability happen as well and relying too much on an AI advice can end with total loss. So right, it is important to understand for any tool how it works and not expecting it can do more that it can.

TLDR AI prediction equals to any other out there in the market.

to predict now what will be the price of BTC after 24h or some other number, Hmmmm...NO.

One can teach AI to recognize historical trading signal patterns or certain behavior of the market . the result of predicting based on this data ,as being said -statistically has the same chance to win or loose as human .
that being said,
AI help significantly in processing historical data to decision making,
we have some time until AI will be able to develop by itself His way to predict market, we are not there yet, it's called AGI.