We ran this over two years and saw impressive results - especially for the time. I feel, this very much was a "thinking system" in the same sense. And I concur - there are many architectures and approaches to built this sort of thing.
We ran this over two years and saw impressive results - especially for the time. I feel, this very much was a "thinking system" in the same sense. And I concur - there are many architectures and approaches to built this sort of thing.
Basically, you create a "population" out of possible placement strategies for orders. You then cycle through "generations" that quickly adapt to the changing market conditions.
Ultimately, you end up with something that - on average - provides execution closer to the target price than traditional, more static strategies. But the problem for us was that the outliers where really far out. Basically, if it got it wrong, it got it really wrong and you were often stuck with a set of half executed orders that had to be cleaned up manually.
- uses the information it already has combined with new inputs to form new information based on both (aka reasoning)
- retains learned information over time (aka memory)
- contains feedback loops to eventually eradicate "wrong" information (aka learning)
- converges to similar conclusions in similar circumstances (aka reasoning or possibly instict)
At least several of the most important parts of thought are there, though it is obviously very different than our own mind. That's OK, both submarines and penguins can move underwater but they do it in very different ways. No reason to think that thought wouldn't have multiple ways in which it could be implemented.
Evolution is also almost certainly not self-aware but neither is a dog and we consider dogs to be capable of thinking too.
Similar to how we have things like NP-hard > NP > (maybe) P, you could have a classification based on how many (types of) information can be processed or something like that. Maybe a similar but separate scale for learning capacity?
Evolution by natural selection is adaptive in the sense you describe, but no one would consider to be "thinking".