Gentlemachines
7.2K views | +0 today
Follow
Gentlemachines
What's new at the crossroads of culture, technology and science
Curated by Artur Alves
Your new post is loading...
Your new post is loading...
Scooped by Artur Alves
Scoop.it!

When Machines Rule the World

When Machines Rule the World | Gentlemachines | Scoop.it

"IAC, The Daily Beast’s parent company, got a lesson in how auto-generated data can wreak havoc on a corporation’s best-laid plans.

(...) The Daily Beast’s parent company, gyrated wildly in the mid-morning. The culprit was a single piece of information that turned out to be incorrect. The mistake was corrected, but not before several hundred millions dollars of shareholder value had disappeared."

more...
No comment yet.
Rescooped by Artur Alves from The P2P Daily
Scoop.it!

Robot wars: How high frequency trading changed global markets: TBIJ

Robot wars: How high frequency trading changed global markets: TBIJ | Gentlemachines | Scoop.it
The biggest cyber battle you've never heard of is being waged on the stock markets.

Via Nicholas Ripley, P2P Foundation
more...
No comment yet.