Sergey Savastiouk's Avatar
Sergey Savastiouk
published in Blogs
Dec 23, 2021
The Difference Between Real and Fake A.I.

The Difference Between Real and Fake A.I.

Artificial intelligence is here to stay. But as governments, companies, and people adapt to the reality of a world with AI, a revolutionary concept has been co-opted into a buzzword. AI as a sales tool has led to false claims and misinformation, making it difficult to parse facts about legitimate AI from the hype.

Here are some tips to help you tell the difference between real AI and fake AI.

AI is predicated on autonomy. It uses neural networks, machine learning, and other tools to create and run production models that not only simulate and predict outcomes but act based on those predictions. Some analytics companies bill their services as AI-driven, but if a human is required to act on a recommendation made by AI, then it’s not real, independent AI. Useful AI removes the need for human intervention. Predictive technology alone is just that – predictive technology.

It is important to evaluate how much human input is required for an AI-driven platform. Human setup can (and should) be a part of each service – after all, someone needs to set the parameters that dictate AI’s behavior. But any platform requiring daily human operation or maintenance is not true AI. Services that necessitate lengthy training and consulting processes are not selling a truly automated experience.

Most companies offering legitimate AI products will contractually guarantee increased performance. Real AI operates at a level of efficiency that humans are not capable of, regardless of the task it is performing. Be wary of companies that cannot guarantee superior results relative to people or other products on the market. Insights alone are not a measure of useful AI – a service that does the work for you while also providing new levels of understanding is a legitimate AI product.

It is also vital to consider the transparency of the product in question. True AI tools will offer a window into the millions of tasks it performs – if actions are obscured or visible only to the company providing the service, chances are it is not useful AI. Paying for a service that could be a person and a tool performing the tasks that are billed as artificial intelligence defeats AI’s very purpose.

As more and more AI products and services hit the market, it will become increasingly important to identify real-deal offerings in a sea of pretenders. Real AI may be sculpted by humans, but it should perform at a level of efficiency – without any human input – that no human can approach.
 

Adding A.I. as a Tool in Your Investment Toolbox

 

One of the only certainties of investing in stocks, bonds, forex, cryptocurrency, or any other type of security is that there is no certainty when it comes to future price movements. Making an investment decision about a trade or a strategy can involve all the data and research in the world, but there still remains an element of chance, and ultimately, luck.

But that does not mean it’s a waste of time to perform diligent research and homework and to use all of the tools at your disposal in an effort to make informed smart decisions. More data generally leads to a greater conviction, which can also lead to a higher probability of success.

That’s where Artificial Intelligence comes in. It is a very new tool that until now has not been available on a broad basis to retail investors. The A.I. mentioned in this article can be found on Tickeron.com, and it offers investors a free trial. Tickeron’s idea is to provide retail investors with technology and tools to enable trading with massive amounts of data and analysis. The end result is arming retail investors with a high-powered, virtual research assistant: Tickeron’s Artificial Intelligence. Readers can check out the free trial here: Pattern Search Engine.

We invite you to check out our other premium products -- they’ll help you be best prepared to take on the market. One of the premium products that might be helpful for a new trader is the AI Trend Prediction Engine. For a continuing trader, AI Real Time Patterns and our Screener are a great way to pinpoint exactly what you’re looking for and to monitor the securities for an extended period of time. 

Sergey Savastiouk's Avatar
Sergey Savastiouk
published in Blogs
Mar 07, 2021
4 Tricks Hedge Funds Use to Get Ahead

4 Tricks Hedge Funds Use to Get Ahead

If the stock market were Major League Baseball, hedge funds and institutional investors would be the pros on championship teams while everyday self-directed investors (SDIs) are the benchwarmers in the minors.It’s how they get ahead, and it’s why 90% of SDIs lose money trying to play (invest and trade) in the major leagues. The 4 tricks we discuss below are rooted in one common theme: they all use Artificial Intelligence and algorithms to generate data and ideas.
John Jacques's Avatar
John Jacques
published in Blogs
Mar 22, 2018
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.
Sergey Savastiouk's Avatar
Sergey Savastiouk
published in Blogs
Jul 10, 2020
3 Stocks to Buy if Coronavirus Second Wave Hits

3 Stocks to Buy if Coronavirus Second Wave Hits

By analyzing market trends from the first wave, you can predict behavior for the second. Technology stocks have performed at historic levels this year, but the market is severely overbought.To compensate for that, look at performance during Q1 and Q2, the height of global Covid shutdowns.
Edward Flores's Avatar
Edward Flores
published in Blogs
Feb 06, 2021
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.
Alla Petriaieva's Avatar
Alla Petriaieva
published in Blogs
Feb 23, 2021
Is Ethereum’s Bomb about to Explode?

Is Ethereum’s Bomb about to Explode?

Ethereum’s software is set for an update in October.Until it is finished, participants in the Ethereum blockchain must determine how to delay the difficulty bomb – code that necessitates a steadily increasing amount of computer power to mine blocks and unlock rewards – that is already in place.
Sergey Savastiouk's Avatar
Sergey Savastiouk
published in Blogs
Aug 07, 2018
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.
Abhoy Sarkar's Avatar
Abhoy Sarkar
published in Blogs
May 22, 2020
Central banks have been buying $2.4 billion in assets every hour for the past two months

Central banks have been buying $2.4 billion in assets every hour for the past two months

Some $17.8 billion has been poured into  bond markets over the past week, the biggest move in more than three months.Around $3.5 billion has been invested into gold, the second largest on record. 
Rick Pendergraft's Avatar
Rick Pendergraft
published in Blogs
Feb 07, 2021
Mid-January Short Interest Report Shows 8 Stocks with Good Fundamentals and High Short Interest
Sergey Savastiouk's Avatar
Sergey Savastiouk
published in Blogs
Mar 10, 2021
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.
Abhoy Sarkar's Avatar
Abhoy Sarkar
published in Blogs
May 08, 2020
US unemployment rate jumps to 14.7%, the highest in series history

US unemployment rate jumps to 14.7%, the highest in series history

The U.S. economy’s employment fell by -20.5 million in April. The coronavirus crisis led to unemployment rate soaring to 14.7% in the U.S, the highest rate in the Bureau of Labor Statistics-tracked series history that goes back to 1948. However, the figures were better compared to several economists'/analysts' forecasts of 22 million job losses and 16% unemployment rate.  Another unemployment measure that includes those who have stopped looking for work as well as those holding part-time jobs for economic reasons also touched an all-time high of 22.8%.