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Strategies & Market Trends : Trader J's Inner Circle
NVDA 206.49+2.7%12:45 PM EDT
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To: Zen Dollar Round who wrote (56520)12/13/2024 7:33:00 PM
From: E_K_S1 Recommendation

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Zen Dollar Round

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I think you point out some good points, especially when using any AI program. It's only as good as it's data. That's why I think RDDT is an interesting play. There is so much information available (much of it is from 'experts' who post on specific subjects) that if/when they can figure out a way to monetize that, it could be a treasure chest.

The plan is to charge outside AI bots a small fee to scrape & index this data to create a huge database that a super smart AI program can access. Like you said, information is only as good as the source so this AI data collection will then need to cross reference some/many of the key points w/ other articles and/or papers (University papers/research). Now think if data includes all the videos, pod casts and music events. You are going to have one very smart AI bot.

FWIW in the early 80's I worked at the Stanford Research Center on a project funded by NASA called DIALOG which was Google before Google. We were an electronic library that indexed the worlds information mainly from libraries, medical journals & law cases and allowed users to search these data bases.

At the time I left in the late 80's, Larry Page and Sergey Brin were attending Stanford University (just up the street from our offices). They worked on their data index or search engine until 1996 with their project "Backrub". This is when they developed the foundational algorithm known as PageRank and launched their search engine, initially called Backrub.

Fast forward 40 years and we have this search capability on steroids with the development of AI. Like DIALOG of the 70's and 80's it was all about the databases and the indexing of that data.

It's going to be fun to see how this develops and if/when they can harness the power of quantum computers I see some incredible discoveries especially in the medical field.... stay tuned
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