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An artist who trained rats to trade in foreign-exchange markets (2014)
And the people who want to believe in his success
The default assumption is that these jobs will be taken over by robots, but Marcovici wondered if rats might be able to recognize patterns in the data that humans, with their messy biases and status concerns, overlook. So, when people like Marcovici come along, many want to believe that his artwork is a shortcut to personal profit: Business Insider ’s unquestioning tone in covering “Rat Traders” a few weeks ago later prompted the site to issue a disclaimer (“NOTE: This is a joke.”) at the top of the post. The money manager and author David Leinweber once sought to prove the coincidental nature of predictions by seeking out any historical data that miraculously aligned with the stock market at the time.
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