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Interview

All models are wrong

One figure is better than none …

The assumptions of Gauss have formed the basis of public finance for more than a century. Traditional models and analytical methods for portfolio maximisation usually rest on the assumption that…

RiskNET [Editor-in-chief]
Midas GPT: "Ethical guardian" for AI usersComment

Perverse instantiation and reward hacking

Midas GPT: "Ethical guardian" for AI users

Tales such as that of King Midas – whose desire to turn everything into gold ultimately proved fatal – reflect a central dilemma that is becoming significantly more important in the age of advancing…

Dimitrios Geromichalos

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