Ever so often, a new innovation comes along that improves our lives by making an arduous process easier and faster. Some innovations not only improve the process speed but in fact are better than the old way in all aspects. For example, let us think back to the onset of digital photography.
A digital camera like the one on your mobile phone improves every aspect of taking a picture. Back in the days of film cameras, you had to make all the adjustments of the lens manually, hope the picture came out correctly and you had to wait a few days to get your film developed just to see the picture! Digital cameras allows us to point at our subject, let the machine do all the lens adjustments and give us instant feedback as to whether the picture came out correctly. Heck even storing digital pictures is easier now!
Artificial Intelligence is one of the most critical innovations in our lives and has been improving and making things easier for over a decade now. Think about all the AI that is in our map’s applications helping us drive from place to place. One of the newest AI innovations is called Large Language Models or LLM for short. An LLM can read lots of words and learn from them to give us instant responses to our questions. Siri and Alexia are nice examples of products using LLMs.
LLM’s are particularly good at reading news and stock market analysis. This is because there is generally a very plain tone a writer takes when discussing the news about a stock. The tough news for investors and the good news for those who can harness an LLM is that there are literally 1000’s of headlines and stock analysis reports every day. No one, not even professional investors, can absorb, let alone read every news item that comes out about stocks.
MarketsAI is the first of its kind financial website to do this work for the everyday investor. We read 1000’s of stories daily about the stocks you care about by processing the headlines and the stories using the world’s best LLM’s. Even more important, our AI software gives the user an easy to see picture and contextual view of whether the story is positive or negative for the price of the stock. That summary is ready within seconds of our AI reading the story. We save our users hours of time reading stories about stocks and lets them use that time instead for
Look for more blogs about all the amazing features of our new website and mobile applications coming soon!
