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Fox
Wall Street Millennial
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Comments by "Fox" (@tomlxyz) on "The Rise and Fall of Credit Suisse" video.
It's just all about not wanting to hurt your own economy but not having a problem with hurting other's
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@James.Townsend I wonder if that makes them get more or less people. Less because people are already more sceptic from videos as this or more people because viewers believe this channel to be trustworthy because of it
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Market cap is no indicator of equity. It's an indicator of the relationship between the profit margin and the equity as well as the profitability of other services they provide. A bank that is twice as profitable with the same equity is worth more. A bank that has massive equity but only charges managing fees would have little market cap despite posing zero risk for the economy
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@beastmode1647 The problem is that while you can train AI on lots of data you can never be sure you've trained it right until you've tried using it. You still have the human aspect of setting it up while at the same time being unable to see if the decisions it made makes sense, unlike when you have a firm with people, where you can validate on each level
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@thechannelofultimatedestiny Yeah, that's why you need a lot of tweaking and testing. We're not at the point yet where AI can figure out what we actually want it to do
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