The Rise of the Machines

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The Rise of the Machines
It was easy enough for us humans to understand a stick or a dollar bill when it was backed by something tangible somewhere, but only computers can understand and derive a correlation structure from observed collateralized debt obligation tranche spreads. Which leads us to the next question: Just how much of the world’s financial stability now lies in the “hands” of computerized trading algorithms?

2 votes by wal on 2008-10-12 2 comments

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arcange1m 1 votes Sunday, October 12, 2008 at 9:17 PM

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wal 1 votes Tuesday, October 14, 2008 at 9:30 PM

You'll get that if you had read a few nytimes articles recently. If you clear your cookies or use another browser, you should be able to get through.

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On Singularity

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