Tracy Allaway

So the last round was easy.

This one will be tougher.

OK, so speaking of things moving so fast, my first question is slightly different.

I looked up your Twitter feed before you came on the show.

Your last tweet before today was, and I quote, feel this every day, worry it's some sort of AI-induced delirium.

But then again, various empirical measures are exponential looking, so it feels best to assume we're hurtling towards some sort of end game.

So first of all,

Please convince us all live on stage that you are in fact not suffering from AI induced delirium.

But secondly, like what is the end game that you speak of here?

I never understood the Highlander, there can only be one thing, because there are already two.

They could just coexist.

Anyway, sorry, I'm just picking apart your analogy.

You mentioned a new model release.

When a new model gets released, what is the first thing you do at Hudson River Trading to evaluate it?

And how do you actually compare them to the existing one?

Well, we talked about this the last time you were on, the idea that the models themselves are not very interpretable, I guess you would say, but you're comfortable with that on a short trading time frame, which is what you do.

And then we started joking about magic models, and magic is a dangerous word to use on this podcast because people start thinking about magic boxes.

But anyway...

Now that you've been doing this for another six months since we last spoke to you, do you feel like you have better insight into what the models are actually doing and why they're able to succeed on short timeframes?

How are you actually going out and sourcing this stuff?