Hedge Fund Quant: Cheaper AI Models Suffice
Hedge fund quant tells Edward Dowd cheaper models handle tasks without frontier AI, Michael Burry notes four-month proprietary lag irrelevant for most uses.
SourceAnalysis
Edward Dowd relayed an anecdote from a hedge fund quant who skips frontier models entirely because cheaper alternatives deliver what his work requires. Michael Burry replied that the lag leaves proprietary systems uncompetitive and most business applications unconcerned with a four-month delay.
Edward Dowd
@DowdEdwardFounder Phinance Technologies and author of Cause Unknown: The Epidemic of Sudden Death in 2021 & 2022.