AI models given $10K to compete in first-of-its-kind crypto-trading competition — and most crashed and burned
From nypost.com
Four of the most popular AI programs crashed and burned in a cryptocurrency investing competition — with most losing over 50 percent of the money they were instructed to maximize. Only two Chinese programs managed to turn even a modest profit. The experimental Alpha Arena contest from company Nof1 gave six AI models $10,000, identical input data and prompted each to make as much money as possible while trading crypto stocks on the open market from Oct. 17 to Nov. 3. The goal: Find which bot could best make you rich. Jay Azhang, 34, told The Post that the goal of his brainchild project — and future iterations of the ...
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