Submitted by billjames1685 t3_youplu in MachineLearning
lgcmo t1_ivjpk6e wrote
Reply to comment by Dr-Do-Too-Much in [D] At what tasks are models better than humans given the same amount of data? by billjames1685
When I left there was some ideias floating around to scrape not only news, but also statements given by public figures and central banks. There is an metagame of interpreting what Jerome Powell really meant at each phrase of his speech.
Nothing like that was done (and believe it's not being built), but we had a sorta smart news pipelines that filtered relevant news and send to analysts. As I said, we had not fired the analysts, we were teaming up with them. When there was a market shock or something very disruptive, the analysts took over and we would update the models.
But I have to say that even with radical events (such as the invasion of Ukraine), the models were not that far off. We had some anomaly detection on the pipeline
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