BRN 0.00% 20.0¢ brainchip holdings ltd

One of the first things the CEO could do is straighten out some...

  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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