Matt’s right, Karnofsky does think tools are distinct from Oracles. But I agree with your main point: my first thought was “you can make an algorithmic stock trader ‘tool AI’ that advises humans, but it’ll get its card punched by the fully automated millisecond traders already out there.”
Yes; what we now see are the HFT realm where only algorithms can compete; and the realm 6-12 orders of magnitude or so slower where human+tool AI symbiotes still dominate. Of course, HFT is over half of equity trading volume these days, and seems to be still growing—both in absolute numbers, and as a proportion of total trading. I’d guess that human+tool AI’s scope of dominance is shrinking.
Matt’s right, Karnofsky does think tools are distinct from Oracles. But I agree with your main point: my first thought was “you can make an algorithmic stock trader ‘tool AI’ that advises humans, but it’ll get its card punched by the fully automated millisecond traders already out there.”
Will it? Human traders still exist right? If they can still make money then ones with a smart adviser would make more money.
Yes; what we now see are the HFT realm where only algorithms can compete; and the realm 6-12 orders of magnitude or so slower where human+tool AI symbiotes still dominate. Of course, HFT is over half of equity trading volume these days, and seems to be still growing—both in absolute numbers, and as a proportion of total trading. I’d guess that human+tool AI’s scope of dominance is shrinking.
ooh. HFT gives a great deal of perspective on my comment on QA->tool->daemon—HFT is daemon-level programs achieving results many consider unFriendly.