I consider myself merely a better than average player, certainly not a star nor rated. Bought a machine with eight levels about 10 years ago. Could routinely beat it at levels one, two and three. Won only occasionally at levels 4 through 6, and got my ass kicked every time at levels 7 and 8.
Humiliating. And that was ten years ago, more or less.
All a function of processing power which, as we all know, is now enormous.
Now, if the geniuses who ten years ago made computers that routinely beat decent chess players could only make them predict the market, we'd all be in better shape.
Actually, PBS recently showed a really excellent program on the Nobel Prize winning mathematical/economics geniuses who founded Long Term Capital Management. Interesting how these folks had figured out a way to predict the flow of trading so that they could make gobs and gobs of money. And they did make a ton in the late '90s. Unfortunately, they got killed when they did not account, naturally, for the human element and other unpredictable things such as the devaluation of the ruble. You know the rest of the story, i.e., the bailout, etc.
No machine can account for chaos. |
