Berkeley Boffins Unveil AI Predictive Wizard Outperforming the Homo Sapiens!

“Berkeley researchers build AI forecasting system that bests humans”

“It’s a machine-made world now. You weren’t still hopeful that humans could outpace artificial intelligence (AI) in all domains, were you? Grit your teeth and brace for this—Berkeley researchers have built an AI forecasting system that, forgive the cliché, has left humans eating its dust,” excerpted from the original Daily AI article.

Quite the punch in the gut, isn’t it? To think that the amalgam of grey matter in our skulls—an evolutionary masterpiece that’s taken millions of years in the making—is being shown up by bunches of silicon chips and lines of programming code. Oh, the poetic tragedy of it all!

Berkeley researchers, it appears, have been quite busy perfecting an AI technology that trumps human forecasters at financial forecasting. Yes, that’s right, economic cruel sphinx no longer requires a degree in finance, stress-fueled all-nighters, or endless cups of coffee to decipher. Now, all it needs is a well-oiled machine learning model, and voila, cue the magic.

Now don’t fret, dear reader. Those years spent honing your skill set, arduously cramming formulas, and scrutinizing labyrinthine manifold graphs aren’t entirely wasted. For the machines, while surpassing individual human forecasters, still don’t beat the combined power of crowd wisdom—yet. It’s good news for those who believe in the power of collective human intelligence—for now.

Here’s another shocker—artificial intelligence forecasters are just as effective in a recession as in a more stable economic climate. Apparently, it doesn’t discriminate, unlike certain shaky-handed, sweat-drenched humans we know (no pointing fingers here).

And as if the cast-iron stomachs of these AI forecasters aren’t impressive enough, they also boast an irresistible feature—an inbuilt instinct to adapt and learn from their mistakes. So, while we corporals are busy wallowing in our inevitable human faults and frailties, these digital number crunchers are out there getting wiser with every mistake. Show-offs, amirite?

All sarcasm aside, it’s a fascinating era of possibilities opened by AI technologies. Evolve or become obsolete—that’s our choice. Or, thrown to the AI wolves—we are their creators, after all. Surely they won’t forget that in the future, will they?

Read the original article here: https://dailyai.com/2024/04/berkeley-researchers-build-ai-forecasting-system-that-bests-humans/