Artist Trains Rats to Predict Forex Markets
2024-12-19
Austrian conceptual artist Michael Marcovici's project, "Rat Traders," trained rats to predict foreign exchange futures prices. He converted price fluctuations into piano notes, and the rats predicted subsequent note changes. Surprisingly, trained rats seemingly outperformed human traders after months, though this lacked rigorous statistical testing. Marcovici's project satirizes the belief in market prediction and the human desire for shortcuts to profit in a chaotic system. The project ultimately ended due to rats' limited trading capacity, highlighting the unreliability of market prediction.
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finance