Originally Published January 20th 2024 for For Green Fields clients
We gain a small modicum of hilarity out of watching the intellectually disenfranchised scramble to imitate the utilisation of Artificial Intelligence (AI) by Tony Bloom at Brighton and in the South East Asian underground markets.
So.
Doping duo Ratcliffe & Brailsford at Man United are claiming that the club will be using AI to improve performances beyond that engendered by pithy marginal gains and the aforementioned use of performance enhancing substances.
But what they are getting ready to deal on is absolutely not AI...
... it is machine learning the likes of which our Network have been using for a quarter of a century when we first developed neural networks to analyse the football betting markets.
The club is consequently overpaying for outdated analytics that are, in effect, being mis-sold as AI when they are nothing of the sort.
Ratcliffe / Brailsford have a problem in that doping and marginal gains are in the public domain analytically so marginal gains become instantly more marginal before falling away to a threshold of self harm - the point at which any gains are less performative than the negative impacts of an analyst's observation of such practices.
The Man United 'project' is laughable in its simplicity, a reactive and largely pointless endeavour.
So.
Par for the course then.
Even more entertaining was a recent article in the Financial Times showing that, in international financial markets, a genius generalist outperforms AI (real AI, not machine learning, that is). Hence, a genius generalist like Bloom can adjust his hologram of the reality in the marketplace more swiftly (and hence more profitably) than clubs reliant on AI and the differential is even greater when it comes to neural nets & machine learning.
Just as corruption destroys the efficient markets hypothesis, so it undermines automated assessments of near future realities in betting markets.
Grand stuff!
Off the shelf Artificial Intelligence is no substitution for a lack of intelligence.
Our Network receive inputs from a person who undertook a Ph.D at MIT in AI and who now works for a South East Asian underground bookie.
We share a fascinating recent discussion in Australia between a member of our Network and this character for Maradona clients on Canberra 3.0
© 2024 Football is Fixed
