Rants, Raves, and Rhetoric v4

Tag: 60 minutes

  • TED Talk: How Algorithms Affect Shape Our World

    60 Minutes said most stock trades are made by computers without human involvement designed by math wizards for pennies of profits per trade over billions of trades. Milliseconds become important to beating the competition (other computers) by being faster. Getting close to or in the stock exchange buildings has physical effects. Of course, a bad algorithm…