How much human supervision do you believe AI needs for crypto trading?

[carlfebz2]

[...]
And how long do you think it'll take to get to the point where AI doesn't need that supervision?

As a rule, AI no longer needs supervision even now. There was a very interesting experiment on this ... an AI was trained to shoot down airplanes under the guidance of a supervisor. After the training phase, the AI was asked what it would do first to improve. Its answer: "Kill the supervisor"

To be honest, I also don't understand what AI is supposed to do in the trading sector:

• Most of the data is very outdated
• AI cannot predict the future ...
• ...If it does, bots will exploit this so quickly that it will once again just be a question of who programs the fastest bot - as is already the case with arbitrage trading.

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This is the main reason on why i dont really believe that AI+human integration would really be that able to resolve out such thing or having that supervision would be completely be wiped out or would be AI integrated thing on which been said that there's no way that AI could predict the future.Hence, information that been given out are basing on the things that happened in the past which its been stored into its library
on which it would really be just that normal that they would really be giving out responses basing up into those informations that had been feed out. It cant really just that be able to do things
which is really that out of its touch or something that cant be possible.

AI's existence is really that revolutionary but we do know that there are things which it is really just that good for such area but cant realyl be able to touch up
other key areas on which it isnt something that relevant no matter how advanced it would be. It would be always basing up into its data feed.

[michellee]

At least until AI can provide instructions or can do what we ask without needing supervision, but we don't know when that will happen. Currently, there are still many developers who are still researching AI so that it can be useful for humans.

A sophisticated bot does not take a long time to make trading decisions. Bots can run by themselves and collect accurate data from various sources. So we have to wait for the final result. Now there is AI that can help us in trading, but we are still the ones giving the orders.

We should wait for notification from the developers. Perhaps it won't be 5 years before there will be AI that can really help us in trading. But it would be better if you could learn analysis so that you are not too dependent on AI.

[Out of mind]

I know my answer but I'm just trying to figure out where you guys stand on AI and crypto trading. The usual argument against AI is it can't make nuanced decisions - at least for now. But how much supervision do you think sophisticated bots require to make trading decisions effectively? And how long do you think it'll take to get to the point where AI doesn't need that supervision?

Currently, in this digital world, most AI is being used only for the purpose of predicting all things. But now a lot of things are being done by this AI and easily people are doing their tasks which they are getting solved by this bot. But how true this AI can tell about crypto trading is very difficult to say because it might not be possible for AI to do it. If AI was used in trading then people would have become millionaires and big men by now but till date I have not seen anyone trading using it. Trading using AI may not give accurate predictions due to which users do not trust these predictions. I think trading by AI is not successful, and it can't predict and AI provides better solutions for other tasks.

[el kaka22]

I feel like AI trading is not feasible at all, I understand some people think that it's possible, after all what is the AI we have right now but machine learning, you give EVERY price point and data to AI and it learns and makes trades based on the past, deciding what follows after what and so forth. However, the thing that breaks it is the fact that just because Y happened after X in the past, and maybe 10 times, doesn't mean it will happen an 11th time, may never happen again.

AI is not ready for that, it knows what to do when something happens, and if the result is not the same then I am sorry but it will keep on failing until it learns the new way. This is why I would never allow AI to trade on my behalf, it is not going to work, even if it works for a while during the bull run and give people some hype, it is going to end up being much worse during the bear period as well, so we need a ton of human supervision to make it work and make some money with it.

[dothebeats]

If the AI model employed in trading can learn actively while it is trading, I can say that very minimal human supervision is needed to make sure that it stays profitable. AIs nowadays are intelligent enough to learn autonomously after being given parameters on what it should learn and what its goals should be. Every now and then, humans can intervene and fine-tune the AI, but yeah, they can do quick, on the fly decisions that most humans cannot.

Then again, a lot of traders have tried using AI alone in trading to prove a point. Even AIs get the brutal reality that trading is really, really hard and requires quick thinking and spotting trends and patterns that even experienced humans miss.

[Lanatsa]

I know my answer but I'm just trying to figure out where you guys stand on AI and crypto trading. The usual argument against AI is it can't make nuanced decisions - at least for now. But how much supervision do you think sophisticated bots require to make trading decisions effectively? And how long do you think it'll take to get to the point where AI doesn't need that supervision?

Currently, in this digital world, most AI is being used only for the purpose of predicting all things. But now a lot of things are being done by this AI and easily people are doing their tasks which they are getting solved by this bot. But how true this AI can tell about crypto trading is very difficult to say because it might not be possible for AI to do it. If AI was used in trading then people would have become millionaires and big men by now but till date I have not seen anyone trading using it. Trading using AI may not give accurate predictions due to which users do not trust these predictions. I think trading by AI is not successful, and it can't predict and AI provides better solutions for other tasks.

No matter how advanced it would be but still it would really be that needing that human intervention or supervision. We shouldn't really be thinking that AI would really be developed on something
which would really be far superior to humans (just like on what we are seeing on movies). If you do make yourself having that kind of expectation then better not and you would really be just that simply
making yourself that frustration or failed up basing up into those things on which you do really believe that it could exist. Just like on what the rest been saying that every information and things been
said and given out then it would really be that basing up on the informations that had been feed out.

AI for trading? It would be something useful if we are really that making use of those tools when it comes on tracking out previous prices or what are those correlated information
with it but in speaking about on trying to rely on what are the price recommendations or something in relation to it then i dont see for it to be accurate.
There's no way that you could really be able to say that it would really be something relevant and effective most of the time.

[South Park]

If the AI model employed in trading can learn actively while it is trading, I can say that very minimal human supervision is needed to make sure that it stays profitable. AIs nowadays are intelligent enough to learn autonomously after being given parameters on what it should learn and what its goals should be. Every now and then, humans can intervene and fine-tune the AI, but yeah, they can do quick, on the fly decisions that most humans cannot.

Then again, a lot of traders have tried using AI alone in trading to prove a point. Even AIs get the brutal reality that trading is really, really hard and requires quick thinking and spotting trends and patterns that even experienced humans miss.

What we are seeing is that as more AIs are trading the markets, making profits with them is becoming harder as the level of the competition is raising, which in turn requires a better AI in a never ending cycle, so it would not surprise me if in the future the question was how much AI supervision needs a human so they can trade this market? As even if an AI was not as adaptable as a human, its ability to take decisions in a split of a second is simply too good for most humans to overcome.

[macson]

I know my answer but I'm just trying to figure out where you guys stand on AI and crypto trading. The usual argument against AI is it can't make nuanced decisions - at least for now. But how much supervision do you think sophisticated bots require to make trading decisions effectively? And how long do you think it'll take to get to the point where AI doesn't need that supervision?

AI is artificial intelligence which cannot actually make itself smarter and all the decisions made by AI are currently 100% programmed by its creator.  Well in trading, AI usually becomes a bot to help traders buy or sell automatically and usually many beginners use AI bots to help them in their trading activities.  For the development of AI in the future, i think it will not be dangerous for humans but quite dangerous for traders who are dependent on using AI, even though AI can make us execute more quickly and automatically, AI can make us lose more quickly because AI has no feelings in trading, that's a weakness that will always exist in AI trading bots.

[bocyaj]

Currently, in this digital world, most AI is being used only for the purpose of predicting all things. But now a lot of things are being done by this AI and easily people are doing their tasks which they are getting solved by this bot. But how true this AI can tell about crypto trading is very difficult to say because it might not be possible for AI to do it. If AI was used in trading then people would have become millionaires and big men by now but till date I have not seen anyone trading using it. Trading using AI may not give accurate predictions due to which users do not trust these predictions. I think trading by AI is not successful, and it can't predict and AI provides better solutions for other tasks.

The AI was the advantage to many field,but my personal opinion is the AI will not applicable to the bitcoin and cryptocurrency trading.Because the market of crypto currency was unpredictable one in long term,So the trader should do the trading by the manual analysis of the market flow.If AI is enough to make money in the crypto trading means all the people will start to do the crypto trading and they won’t go to their regular job.The trader should spend some time to analysis the price movement in the past and current market.

What we are seeing is that as more AIs are trading the markets, making profits in them is becoming harder as the level of the competition is raising, which in turn requires a better AI in a never ending cycle, so it would not surprise me if in the future the question was how much AI supervision needs a human so they can trade this market? As even if an AI was not as adaptable as a human, its ability to take decisions in a split of a second is simply too good for most humans to overcome.

The AI was supervising many fields including IT sector by the automation of manual tasks.But the current crypto market  trading can’t be done using the available AI tool,may be in future some one will discover the exact AI which give profit by doing the trade in automation.But the trader can use their own skills to earn in the current crypto currency trading.

[sheenshane]

Using AI to predict the crypto price for trading isn't an ideal one.
But if you say AI can be used as a tool in trading might sound good.

In predicting the crypto price, there are too many factors to consider for us as a trader, using FA and TA would be the very common ones.
But AI relies only on historical data for training and has a limited dataset.  So, I don't believe or use AI in predicting price but as a tool in trading, it would be.

[poodle63]

Using AI to predict the crypto price for trading isn't an ideal one.
But if you say AI can be used as a tool in trading might sound good.

In predicting the crypto price, there are too many factors to consider for us as a trader, using FA and TA would be the very common ones.
But AI relies only on historical data for training and has a limited dataset.  So, I don't believe or use AI in predicting price but as a tool in trading, it would be.

I think in my opinion AI can be used to learn TA and use it to analyse current chart, therefore it more or less helps in doing the heavy workload that many trader are currently doing and whether to proceed with the result of analysis or not it all depends on the one that trades, some might even try to totally automate the AI for trading regardless of the result because we will find out the result of using AI after doing some serious amount of trades with the AI itself, considering that TA chart and pattern reading aren't that dynamically changing I believe this could be done.
regardless though what important in trading is the profit and right now we don't even know how these AI can contend against sudden market manipulation of pump and dump group because if this can't make decision that a human can make, then it'd instead gonna make the one that runs the AI for trading experience huge amount of losses.

[justdimin]

Using AI to predict the crypto price for trading isn't an ideal one.
But if you say AI can be used as a tool in trading might sound good.

In predicting the crypto price, there are too many factors to consider for us as a trader, using FA and TA would be the very common ones.
But AI relies only on historical data for training and has a limited dataset.  So, I don't believe or use AI in predicting price but as a tool in trading, it would be.

It's not ideal for us who think that we are better than those AI's, but ideal for those who don't believe on their selves. AI being a tool in trading is I think possible and in fact it might have been invented long time ago and we are already using it, but we don't know because makers of it didn't also tell us.

We only started to get aware of it during the hype of AI's. Apart from the historical data, the AI's can also scan the people's prediction that are posted online. AI's are being updated from time to time, so that their data set will not be limited. I'm not encouraging you or anyone here to use it for predicting, but just continue if where you think you are comfortable with.

[mirakal]

I don't know why people want to make AI the one controlling their trading. Because as far as I know, AI is not as intelligent as people say, it is just code written by intelligent people who can process information and provide results according to their analysis. So the results offered by AI are based on the limited information it receives. While not all information is available online, there are sources of information that cannot be accessed by AI, trader experience, technical analysis, and other factors that make individual trading much better than what AI can offer.
But maybe it would be no problem to use AI as a trading assistant, either to remind you to enter the market, to make deposits, and other things related to trading.

If you can integrate part of AI in your trading activity, that would be better. But never completely rely on AI alone as its still unreliable when it comes to future predictions and decision making. Human intelligence is still at its utmost importance, while AI can only be useful in some aspects in trading.

However, we still don't know what will be the future capabilities of using AI into trading, but for now using AI creates some risk, so you need to apply human intelligence in most of your trades to increase rate of positive outcome.

[Nrcewker]

I know my answer but I'm just trying to figure out where you guys stand on AI and crypto trading. The usual argument against AI is it can't make nuanced decisions - at least for now. But how much supervision do you think sophisticated bots require to make trading decisions effectively? And how long do you think it'll take to get to the point where AI doesn't need that supervision?

I don’t think we should completely allow AI to trade on behalf of us. After all it’s a bot/machine. We can’t just leave our all hard earned money relying on an AI. Yes we can use AI to do analysis of the market and to do calculations or projections. But completely relying on it, and allowing it to trade is still very risky. I think human interaction is necessary when you do a trade in the market.

[Wapfika]

I know my answer but I'm just trying to figure out where you guys stand on AI and crypto trading. The usual argument against AI is it can't make nuanced decisions - at least for now. But how much supervision do you think sophisticated bots require to make trading decisions effectively? And how long do you think it'll take to get to the point where AI doesn't need that supervision?

I don’t think we should completely allow AI to trade on behalf of us. After all it’s a bot/machine. We can’t just leave our all hard earned money relying on an AI. Yes we can use AI to do analysis of the market and to do calculations or projections. But completely relying on it, and allowing it to trade is still very risky. I think human interaction is necessary when you do a trade in the market.

Actually, AI will just do what you program on it which is efficient imho because your feelings will not be a hindrance on the decision making for trade but rather jsut rely on the given rules set on the AI.

AI is good tool on trading because it can monitor your trade 24/7 unlike you doing it manually looking on the chart waiting for price action. I’m using bot trading right mow for DCA purposes to purchase whenever a token drop a certain percentage. I think AI will be better in the future if it can be program like peo that depends on technical and fundamental analysis.

[Stepstowealth]

But how much supervision do you think sophisticated bots require to make trading decisions effectively?

AI and bots are meant to automate the process of trading and help a trader spend lesser time trading or monitoring charts because a bot or AI has eased up the process for them, so not so much supervision will be required.

And how long do you think it'll take to get to the point where AI doesn't need that supervision?

It may never get to this, it is something meant to make you money, so it cannot go unsupervised or unmonitored. If you do not supervise or monitor your trading bots or AI, you will never know when they start having errors and making mistakes.

[Distinctin]

I expect that it will take more time, at least 10 years, for humans to be able to create AI capable of making trading decisions with great effectiveness and close to accuracy.

Although I personally do not believe that there can be 100% accurate trading decisions, whether from humans or AI, because there are many factors that can suddenly change the market and mix the cards so that it becomes very difficult to predict the market accurately.

However, AI is developing so rapidly that it will become a great competitor to humans and may surpass it by several stages.

For now, I see AI still unreliable when it comes to trading decisions and accurate predictions, but we don't know in the future what AI maybe capable of doing. When that happens that AI may already surpass our expectations on humans, well probably that could be the end for human's roles in trading. Although we always believe that human intelligence is better than AI or any trading bots, but we really don't know what they are capable in the future. AI's development is in progress and we are all aware about that.

[sana54210]

Actually, AI will just do what you program on it which is efficient imho because your feelings will not be a hindrance on the decision making for trade but rather jsut rely on the given rules set on the AI.

AI is good tool on trading because it can monitor your trade 24/7 unlike you doing it manually looking on the chart waiting for price action. I’m using bot trading right mow for DCA purposes to purchase whenever a token drop a certain percentage. I think AI will be better in the future if it can be program like peo that depends on technical and fundamental analysis.

That's really not the ideal way though, I mean doing what I tell it to do means I can do it myself as well and as long as there isn't something that trades better than I do, I am not going to use it, why would I? I am just creating another me that would be non-stop 24/7 trading, that may sound great if you are a great trader that made a lot of profit, but I am not a great trader and I do not make all that much profit.

I personally would prefer a situation that would be a little bit different and could end up with something that will benefit me better than I can do it. If there is a bot that does something without I tell it to do, like just "here is my money, go make me more" and I do nothing else, then I will start reconsidering it. AI is not AI, artificial intelligence is something that can think for itself, whereas we are talking about machine learning, you feed it some data, and it will do what it must based on the data you provide, nothing more, it s*cks.

[borovichok]

For now, I see AI still unreliable when it comes to trading decisions and accurate predictions, but we don't know in the future what AI maybe capable of doing. When that happens that AI may already surpass our expectations on humans, well probably that could be the end for human's roles in trading. Although we always believe that human intelligence is better than AI or any trading bots, but we really don't know what they are capable in the future. AI's development is in progress and we are all aware about that.

AI bots are meant for business and we should be very careful not interfere with anything that will complicate matters on our end. We're aware of the system and we should be ready to take things rashy or slowly because we can be vulnerable to the system and at the end of the day, we can not stand out to become the amazing person we use to be. AI bots will keep increasing and developing to their best version in every given chance but we shouldn't get too dependent on the project because it's technology and can fail in any given point in time.

[South Park]

I expect that it will take more time, at least 10 years, for humans to be able to create AI capable of making trading decisions with great effectiveness and close to accuracy.

Although I personally do not believe that there can be 100% accurate trading decisions, whether from humans or AI, because there are many factors that can suddenly change the market and mix the cards so that it becomes very difficult to predict the market accurately.

However, AI is developing so rapidly that it will become a great competitor to humans and may surpass it by several stages.

For now, I see AI still unreliable when it comes to trading decisions and accurate predictions, but we don't know in the future what AI maybe capable of doing. When that happens that AI may already surpass our expectations on humans, well probably that could be the end for human's roles in trading. Although we always believe that human intelligence is better than AI or any trading bots, but we really don't know what they are capable in the future. AI's development is in progress and we are all aware about that.

I suppose there are fields in which an expert human will still beat the best possible AI that it can exist, however in order for a human to reach that level decades of effort are needed, while an AI can be trained in a matter of months, so even if a trading AI is nowhere near as reliable as we may want, when we think of all the people that are looking to obtain signals and fall into the hands of scammers because of it, then I consider it is not such a bad idea to try a trading AI compared to the alternative.