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1. Spivak+(OP)[view] [source] 2026-02-02 01:43:08
Doesn't it help you sleep at night that your 401k might be managed by analysts #yoloing their financial modeling tools with an LLM?
replies(2): >>Daedal+L2 >>theshr+1h4
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2. Daedal+L2[view] [source] 2026-02-02 02:05:27
>>Spivak+(OP)
having worked in large financial institutions, this would be a step improvement

the largest independent derivatives broker in australia collapsed after it was discovered the board were using astrology and magicians to gamble with all the clients money

https://www.abc.net.au/news/2016-09-16/stockbroker-used-psyc...

replies(2): >>Neverm+3p >>lepton+9u
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3. Neverm+3p[view] [source] [discussion] 2026-02-02 06:10:12
>>Daedal+L2
Well that would do it. Astrology and magic stop working once they are scrutinized. That is their only weakness.
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4. lepton+9u[view] [source] [discussion] 2026-02-02 07:10:56
>>Daedal+L2
It sounds like a step sideways, not a step up. LLMs are akin to a Ouija board.
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5. theshr+1h4[view] [source] 2026-02-03 07:47:45
>>Spivak+(OP)
I have seen Excel used in places that manage millions of euros of other people's money.

I have seen Excel used for financial planning

I have seen Excel used for managing people's health data.

I have BUILT a test suite for a government offical use communication device - inside Excel. The original was a mish-mash of Excel formulas and VBA. I improved the VBA part of it by adding a web cam to the mix.

I don't sleep well at night knowing how many very very essential things are running on top of Excel sheets passed down like stories around a campfire.

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