BRN 2.44% 20.0¢ brainchip holdings ltd

Ann: Appoints new Chief Executive Officer Louis DiNardo-BRN.AX, page-40

  1. crm
    85 Posts.
    One of the first things the CEO could do is straighten out some of the marketing material:
    "What makes our technology exciting is that it learns from experience, autonomously like a human learns."
    I know what they mean re.  ANN, but this is misleading. There is not space for me to take this apart. See
    http://www.turingfinance.com/misconceptions-about-neural-networks/

    "It does not need to be trained with millions of samples like Deep Learning, it learns in seconds."

    Learning in seconds is no use if the data is non-ergodic or non-periodic (e.g. stock market prices).  As Buffet warns : 'Do not invest in a business you do not understand.' Having wool pulled over your eyes and sticking your head in the sand are not recommended investment strategies.

    "SNAP is a core enabling technology in Neuromorphic semiconductor chips that possesses various potential applications such as gaming, cyber security, robotic technology, stock market forecasting and much more."
    See
    https://en.wikipedia.org/wiki/List_of_topics_characterized_as_pseudoscience
    '.... stock market prices are essentially unpredictable.' If not, then forecast the next market crash.
 
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