Artificial Intelligence, Markets, and Computers | Episode 3 Emergence of the Concept of Artificial Intelligence [Naoto Okumura]

Ogura Hisashi's Profile

Okumura Hisashi. 1987 Master’s degree in Engineering. Theme: AI (Artificial Intelligence). Developed numerous mathematical models at Nikko Securities. Co-developed an investment model with Stanford University professor Dr. William Sharpe (Nobel Prize in Economics 1990), first in the world to stream Tokyo Stock Exchange prices online. Furthermore, established a venture company with Israel’s Mossad science advisor, commercialized AI technology, and implemented it in major airports, achieving numerous successes at the intersection of finance and IT. Currently provides the models “MRA” that evaluate analyst ratings with AI, the AI-estimated near-future FX rates “FXeye,” and chart analysis “Twilight Zone” that displays risk and return. To raise financial literacy in Japan, hosts a Financial Literacy School.

Hobbies are audio and sports. Began aerobics competition 15 years ago, NAC Master Division Single champion 9 consecutive times, 2016 Senior 2nd place, 2014–2016 Japan Championship Chiba Prefecture representative, 2017–2018 Japan Championship Master 3 runner-up. Although athletic and outspoken, in fact he is “fragile with a lack of coordination” and is not good at ball games. His motto is “It is never too late to make any decision.”

Blog:https://okumura-toushi.com/

※This article is reprinted/reedited from FX攻略.com June 2020 issue. Please note that the market information written in the main text may differ from the current market.

1940 Tokyo Olympics Cancelled due to the China-Japan War

The vacuum-tube computers that appeared in the mid-1940s after World War II are classified in computer science as the first generation. At that time, computers were limited by vacuum tubes in performance, usability, and above all in their size and heat generation, so there were limits to their completeness as machines.

Side note: When 1940 is mentioned, the IOC had already decided to host the Olympics in Tokyo (now the 23 wards of Tokyo) in 1936. The previous edition, 1936, was the Berlin Olympics hosted by Nazi Germany. The torch relay was first conducted at that games.

After World War I, in 1919, at the Paris Peace Conference, Japan, one of the “Big Five” victorious powers (UK, France, USA, Italy, Japan) sought to host the Olympics at the 1936 IOC. The chairman of the organizing committee was the Duke Tokugawa Tsunetaka (16th head of the Tokugawa family and Speaker of the House of Lords). However, due to the military's intention to prepare for a full-scale war with China (not the Olympics), the government relinquished the hosting right two years before the event (the alternative was Helsinki, but it was canceled when World War II broke out; 1944 also canceled due to the war).

The cost of Tokyo City’s bid was 85,926 yen. At that time, the starting salary for new teachers was 60 yen and for civil servants 75 yen; one yen at that time equates to roughly 2,500 yen today, so the current value would be about 215 million yen, if converted for the bid (the 2020 Tokyo Olympics bid cost was 7.5 billion yen). In 1940 (Showa 15), the dollar-to-yen rate was 1 USD = 4.27 yen (military rate), so one dollar then was worth about as much as 10,000 yen today.