00:00At a time when the Iran war is upending global markets, traders are turning to AI for not just
00:07finding information, but getting an edge in incredibly fast moving markets. Now this is
00:13the first time ever that AI is being used by traders this way. Some are turning to tools like
00:20ChatGPT through to Claude and also Gemini to find information, get them quick and crunched in a way
00:28that they can understand. Some are using ChatGPT and Claude to ask questions about oil reserves,
00:35the Strait of Hormuz and the likely level of volatility to brace for. Think back to just a
00:41few weeks ago when markets were spooked by the thought of an AI disruption. Now they're turning
00:46through to those very tools once again. Why speed? Especially at a time when headlines can send
00:52everything from crude prices to the dollar and treasury yields sharply moving in either direction.
00:58The biggest benefit of AI tools is their ability to quickly analyze complex data that would have
01:04otherwise taken hours of research to complete. One fund manager told me that mapping out possible
01:10conflict outcomes once took a full day. Now it takes about an hour. Another inner hedge fund used AI to
01:18quickly understand the types of ships that transit the Strait of Hormuz and fine-tune his estimate for
01:24how many barrels of oil would be needed to stabilize flows. But there are also downsides to such
01:30technology like misleading outputs and flawed analysis if not cross-checked against reliable
01:37data. Though while the technology isn't a substitute for actual decision making, some investors see AI
01:44giving them an edge in an uncertain market where they can either adapt or get left behind.
01:49And how often are we concerned about strong lifestyle. How often are we concerned about solving
Comments