Deterministic math, narrow language-model role
Weights, risk figures, and portfolio constraints are produced by deterministic code — not by a model’s next-token prediction. Language models are confined to narrow, auditable roles: articulating rationale, summarising context, translating between representations.
Numbers that bind are traceable to inputs and to code. Nothing about the weights shown in the IC memo originates in a probabilistic head.
Why it matters. You can reproduce every number shown to the Investment Committee. There is no “the model decided.” There is math, and a person who chose to run it.