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Thread: Morgan Stanley downgrades online poker companies and future of business due to AI concerns

  1. #1

    Morgan Stanley downgrades online poker companies and future of business due to AI concerns

    I dunno if this is more of a moratorum on the comapnies in question, or the biz model overall:
    Analyst Ed Young and team note that computer scientists from Carnegie Mellon University developed an AI system that is "stronger than human professionals" in the most popular version of poker. They note the code has not been released in part because it would have a "serious impact" on the integrity of online poker as it stands. The MS analysts then give all online poker players something to think about. "The AI blueprint strategy was developed for a cloud-computing cost of just $144 in 8 days, runs on normal computers, plays twice as fast as professional players and could be adapted for any poker variant," they warn.

    The conclusion is that a reduced overall confidence in online poker could pose a risk to earnings streams in the future.
    https://seekingalpha.com/news/349891...s-online-poker
    http://www.miraclecovers.com

    "Donk down, thatís what you say to someone after they have lost 28K straight?" - Phil Hellmuth, online

  2. #2
    Owner Dan Druff's Avatar
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    Kinda interesting, but also kind of a moonlanding for those of us who have been around the online poker industry for the past 2 decades.

    Bots have always been a problem, and something to consider when playing online.

    However, if sites are interested in taking countermeasures, much of the botting can be thwarted.

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