alt Hacker NewsI mean, real algo trading shops use "AI" to do it all the time, they just don't use LLMs. While I'm not the GP I think the idea they're trying to express is that the nuts and bolts of structuring programs is going away. The engineer of today, according to this claim and similar to Karpathy's Software 3.0 idea, structures their work in terms of blocks of intelligence and uses these blocks to construct programs. Nothing stopping Claude Code or another LLM coding harness from generating the scaffolding for a time-series model and then letting the author refactor the model and its hyperparameters as needed to achieve fit.
Though I don't know of any algo trading shop that relies purely on algorithms as market regimes change frequently and the alpha of new edge ends up getting competed away frequently.
(And personally I'm a believer of the jagged intelligence theory of LLMs where there's some tasks that LLMs are great at and other tasks that they'll continue being idiotic at for a while, and think there's plenty of work left for nuts and bolts program writers to do.)
My trading agent builds its own models, does backtesting, builds tools for real time analysis and trading. I wrote zero of the code, i haven't even seen the code. The only thing I make sure is that it's continuously self improving (since I haven't been able to figure out how to automate that yet).