From the course: The Data Science of Economics, Banking, and Finance

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AI and LLMs in the financial world

AI and LLMs in the financial world

From the course: The Data Science of Economics, Banking, and Finance

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AI and LLMs in the financial world

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- [Instructor] When most people think of AI, their thoughts immediately turn to some shiny science fiction future with lots of humanoid robots and floating translucent touchscreens. But really, we all know that this stuff is silly, but if you want to go to the basic ideas of getting machines or objects to do things you want to, go back to the 15 hundreds, go back to Golem a clay figure that you could insert certain written words into it and become alive and do things. Or you can go to the golden age of automatons in Europe with Vaucansons's duck, a mechanical duck that could at least appear to eat things and do other behaviors. Or around the same time, the original Mechanical Turk, which again, was elaborate fraud because there was a person hiding inside of it, making the apparent mechanical object play chess. Or if you want to jump ahead by another 170 years, you can go to Alan Turing, the famous British mathematician and computer scientist who wrote about machine intelligence as…

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