The Town Scryer is a mixed bag of humor, socio-political observations and ephemera from the perspective of a eclectic Pagan veteran of the counter-culture.

Saturday, August 13, 2011

Our New Algorithm Overloards

Please take a few minutes to watch the video clip at the link. It explains how complex mathematical functions are being used to gain a crucial advantage on the stock market. The whole process is totally automated. In a world where micro-seconds are the margin between success and failure human thought is far too slow to compete.


Kevin Slavin: How algorithms shape our world | Video on TED.com


The problem with all of this is that there is a well known theory in mathematics that states that the more complex a system becomes, the greater the likelihood that the system will collapse.

Be seeing you.



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