Yoshua Bengio @ #DLRLSS discussing the elephant in the room... Couldn't summarize it better myself. Full round of applause followed.pic.twitter.com/ZCyGa4QKoK
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They are making a moral argument, you appear to be making a economic one.
The arguments are political, not moral.
hmm... morality should always be above everything including utilitarism.. hence, it is important to have the right moral standard. Not because it is potentially valuable we should pursue it. we should ask first if it is morally right or wrong.
Does that mean that research should always be pursued if there is potential value? Or are there ethical, moral, even political and economical constraints that should be taken into account? Can science claim to be neutral?
I don't see how ML to beat stock price prediction is potentially valuable though? People have been working on it for years and it doesn't seem to have produced great value I'm guessing.
Well if ML system can decrease market inefficiencies, then it should be a positive thing, right? https://publicpolicy.wharton.upenn.edu/live/news/1389-a-new-form-of-market-efficiency-high-frequency … another question of course whether it occurs with HFT or quant trading with longer time windows
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