Sergey Savastiouk's Avatar
published in Blogs
Jun 06, 2019

Facebook Needs A.I., But Is A.I. Ready?

Facebook is indisputably one of technology’s biggest companies, boasting an average of 1.56 billion daily active users across it and its Instagram, WhatsApp, and Messenger family of apps in March 2019, with sixty-six percent of total users being considered daily, rather than monthly, active users. That massive user base contributed to a 61 percent increase in profits during Q4 2018, to $6.9 billion.

While the company is more profitable than ever, it is not immune to criticism. Recent times have seen Facebook taken to task for a string of issues, including data impropriety, controversial and dangerous user-posted content that results in real-world consequences, and privacy concerns. Facebook has always employed moderators to evaluate flagged content, but manually sifting through and vetting mountains of material from its worldwide user base has proven an impossible task, leading Facebook to double down on artificial intelligence to achieve better serve their platform.

The adoption process has not been without friction. Artificial intelligence relies on human-programmed algorithms to perform specific functions, making it susceptible to bias, intended or otherwise. A recent Wired report detailed Facebook program manager Lade Obamehinti “[discovering] that a prototype of the company's video chat device, Portal, had a problem seeing people with darker skin tones” before rectifying the problem – a byproduct of underrepresentation of “women and people with darker skin…in the training data.” This led to the AI algorithm misidentifying those groups in greater numbers than those from a larger data set.

AI bias is on the radar of leading researchers, who have “raised the alarm about the risk of biased AI systems as they are assigned more critical and personal roles.” The mitigating bias remains vitally important for a company like Facebook, which needs AI to work at scale while being conscious of its real-world repercussions. The company recently “deployed a content filtering system to identify posts that may be spreading political misinformation during India’s month-long national election,” flagging posts “in several of the country’s many languages” for human moderators to review. It and similar fake news-curbing initiatives using crowdsourcing are especially susceptible to uniformity of opinion and background, raising the stakes to get things right.

AI may be advancing in efficacy and usefulness, but it still needs human guidance and oversight to work ethically, eliminate bias, and identify its shortcomings. “When AI meets people,” explained Obamehinti, “there’s an inherent risk of marginalization.” Though the process lacks “simple answers” (in the words of Facebook CTO Mike Schroepfer), efforts are underway at Facebook to tackle potential issues. Obamehinti’s discoveries have spurred “new tools and processes to fend off problems created by AI,” with subsequent new “[processes] for inclusive AI…being adopted by several product development groups at Facebook.” With increased awareness, Facebook hopes to continue reaping the benefits of AI without promulgating its downsides.

If You’re Wondering When A.I. Will Start Making Market Predictions…

Guess what – it already is. Hedge funds and large institutional investors have been using Artificial Intelligence to analyze large data sets for investment opportunities, and they have also unleashed A.I. on charts to discover patterns and trends. Not only can the A.I. scan thousands of individual securities and cryptocurrencies for patterns and trends, and it generates trade ideas based on what it finds. Hedge funds have had a leg-up on the retail investor for some time now.

Not anymore. Tickeron has launched a new investment platform, and it is designed to give retail investors access to sophisticated AI for a multitude of functions:

And much more. No longer is AI just confined to the biggest hedge funds in the world. It can now be accessed by everyday investors. Learn how on Tickeron.com.

Related Tickers: META
John Jacques's Avatar
published in Blogs
May 16, 2022
A.I. Stock Market Predictions: Head & Shoulders

A.I. Stock Market Predictions: Head & Shoulders

Statistics for the Head-and-Shoulders Bottom Pattern The days where only hedge funds used algorithms to trade stocks are officially over. Now retail investors can use Artificial Intelligence (A.I.  Here’s an example of the algorithm in action: Late last year, Tickeron’s A.I.
Edward Flores's Avatar
published in Blogs
Apr 29, 2022
How to Become the Millionaire Next Door

How to Become the Millionaire Next Door

The Golden Gate Bridge is always a fixture of these walks too, one of man's most beautiful creations.  As we were walking, at one point she turned to me and said, "Man, I'll never have a million dollars."" My girlfriend is 27 years old and works as a graphic designer, making about $75,000 a year.
Sergey Savastiouk's Avatar
published in Blogs
May 16, 2022
When Is the Next Recession Coming?

When Is the Next Recession Coming?

However, we also know that economists predicted 22 recessions out of 11 that took place since 1945. Are there real recession signs we should watch for?Indeed, the answer is yes, and here are a few very important ones: The first one is almost obvious and known to everyone – it is the Fed.
Sergey Savastiouk's Avatar
published in Blogs
Mar 14, 2023
How to Start Trading Penny Stocks

How to Start Trading Penny Stocks

Penny stocks have long been marginalized within the professional investment community, oftentimes being painted with a broad brush of simply being “too risky.” Leonardo DiCaprio’s depiction of the penny stock peddling conman, Jordan Belfort, in the Wolf of Wall Street certainly didn’t help.Here are four reasons to start trading them now. Reason #1: Let’s State the Obvious -- Penny Stocks are Cheap A single share of Apple Inc. costs over $350.
Dmitry Perepelkin's Avatar
published in Blogs
Mar 14, 2023
5 Habits that Lead to Successful Investing

5 Habits that Lead to Successful Investing

To consistently make money in this industry, you need emotional fortitude, an analytical mind, and a willingness to self-reflect. Despite trading and investing being two different activities, these principles can be applied to both.Conversely, investors with good habits often become great traders.  Rather than full sentences for titles, we’ve labeled each of our top-five investing habits using a single word principle.
Allana's Avatar
published in Blogs
Mar 23, 2023
What’s the Difference Between Data Analytics and Machine Learning?

What’s the Difference Between Data Analytics and Machine Learning?

Artificial intelligence (AI) technology is developing rapidly.Data mining can deliver raw numbers, but it does not necessarily provide actionable insights. Structure is necessary to taking abstract information and extracting commonalities, like averages, ratios, and percentages.
Sergey Savastiouk's Avatar
published in Blogs
Mar 13, 2023
4 Tips for Fast, Effective Stock Analysis

4 Tips for Fast, Effective Stock Analysis

With just a few clicks, an investor can search for individual stocks, categories of stocks, sectors, or investment themes, and then he or she can conduct a full range of technical and fundamental analysis within seconds.All powered by Artificial Intelligence.  Below, we give you 5 tips for fast, effective stock analysis using Tickeron’s Screener.
Sergey Savastiouk's Avatar
published in Blogs
Mar 20, 2023
5 Golden Principles in Investing

5 Golden Principles in Investing

You have enough faith in that stock, based on research, that the return will equal or exceed the investment.  Do unto others.The principles outlined here will ensure that happens.  Principle #1: Diversification Investors can’t be one-dimensional when constructing a portfolio.
John Jacques's Avatar
published in Blogs
Mar 24, 2023
If Hedge Funds are Using AI to Invest, Why Shouldn’t You?

If Hedge Funds are Using AI to Invest, Why Shouldn’t You?

Some of the world’s biggest financial institutions have devoted multi-million dollar budgets to developing algorithms that can find patterns in the market, identify trends, and perform automated trading designed to take advantage of even the smallest price movements. The AI revolution is so big that as it stands today, the world’s five biggest hedge funds all use systems-based approaches to trade financial markets.Indeed, quantitative trading hedge funds now manage $918 billion (according to HFR), which amounts to 30% of the $3 trillion hedge fund industry – a percentage continues to grow with each year that passes.
Sergey Savastiouk's Avatar
published in Blogs
Mar 15, 2023
The five most important Lessons Learned After 10,000 hours of Trading