Ep. 909: Don’t Believe the AI Hype with Michael Covel on Trend Following Radio
Michael Covel's Trend Following
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The Future of Computers
"We have this enormous memory with lots of data all around, which is sort of sitting there. And this one little section where something's happening, which I call the file clerk before," he says. "And then it takes something else and put it here and put it there, put it there and put it in your back pocket." He goes on to say that computers can do so many things apparently, the same computer always does the same thing. 'The instructions are very dumb and at a low level'
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