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[quote=Anonymous][quote=Anonymous][quote=Anonymous]I am sure plenty of you own an Index fund correct? You know that your favorite brokerage such as Vanguard, Fidelity etc will sooner or later use AI in their decision making correct?

So be skeptical of AI all you want, the folks managing your money will soon be using AI.  [/quote]

Do you know what an index fund is? I'm pretty sure you don't need AI to structure a fund that follows a PUBLISHED index  :mrgreen: [/quote]

See what happens when people use their brains!

Also computerized trading may not be done with an LLM but the financial incentives are already there to capture all the minute advantages with traditional coding.  How does it make my financial life different if Vanguard pays a set of coders less (or pays fewer coders) to produce their next gen software?  If they can get a bot to help me calculate my basis from before they had to keep mandatory records for life, then cool.  They don't have that now.

People don't know how to value white collar work very well.  So it's not clear what will happen with the allegedly increased productivity from AI.

I think the Tech Bros are scared because a lot of their business models produce highly-optional digital services and content.  So vibe-coding creates more competition for them.  If I can make my own mini-Facebook or Twitter for me and my own peeps, I don't need theirs.[/quote]

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