Evidence receipt / evaluation
Published · transcript-backedMike Conover: evaluation
11 Jun 2024 Latent Space How AI is eating Finance — with Mike Conover of Brightwave
“Getting these systems to behave in a predictable and repeatable and observable way is equally challenging to a lot of the methodological challenges. But then you bring in, whether it's law or medicine or public policy or in our case finance, I think a lot of the most valuable, like Grammarly is a good example of a company that has generative work product that is valuable by most humans.”
Source trail
Everything needed to verify it.
- Speaker
- Mike Conover
- Attribution
- Verified speaker
- Claim type
- evaluation
- Recorded
- 11 Jun 2024
- Publisher
- Latent Space
Transcript context
…And then you have a bunch of amazing engineers, then you have folks like JP who used to work at Goldman Sachs. Yeah. How should people think about team building in this more vertical domain? Obviously you come from a deep ML background, but you also need some of the industry side. What's the right balance? I think one of the things that's interesting about building verticalized solutions in AI in 2024 is that historically, you need the AI capability, you need to understand both how the models behave and then how to get them to interact with other kinds of machine learning subsystems that together perform the work of a system that can reason on behalf of a human. There are also material systems engineering problems in there. So I saw, I forget who this is attributed to, but a tweet that made reference to all of the traditional software companies are trying to hire AI talent and all the AI companies are trying to hire systems engineers, and that is 100% the case. Getting these systems to behave in a predictable and repeatable and observable way is equally challenging to a lot of the methodological challenges. But then you bring in, whether it's law or medicine or public policy or in our case finance, I think a lot of the most valuable, like Grammarly is a good example of a company that has generative work product that is valuable by most humans. Whereas in finance, the character of the insight, the depth of insight and the non-consensusness of the insight really requires fairly deep domain expertise. And even operating an exchange, I mean, when we went to raise it around, a lot of people said, why don't you start a hedge fund? And it's like, there are many, many separate skills that are unrelated to AI in that problem. And so we've brought into the fold domain experts in finance who can help us evaluate the character and sort of steer the system. So that's the team. What does the system actually do? What's the Brightwave product?…
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