What happens to Betfair trading if cheap AGI becomes available?

[goat68]

I find AI usage like riding a horse, you've got to keep whipping and kicking it in the right direction to achieve what I perceive as a good outcome!

[jamesg46]

I suspect the real edge gradually moves away from intelligence itself towards whatever remains scarce. Data, faster feeds and execution, lower costs, capital, queue position.
Being a few hundred milliseconds earlier may matter more than having a slightly better model.

Maybe the real edge is in being slower

[Trader724]

I suspect the real edge gradually moves away from intelligence itself towards whatever remains scarce. Data, faster feeds and execution, lower costs, capital, queue position.
Being a few hundred milliseconds earlier may matter more than having a slightly better model.

Maybe the real edge is in being slower

If enough similar systems hit the same side at once you could get moves that are stronger than the underlying information justified so perhaps the edge wouldn’t literally be in being slow but in operating on a different timescale from the crowd.

[ForFolksSake]

... ... sounds like you could end up disappearing up your own 'arsehole'