[Tams]

How algorithms shape our world.

...and our trading too

http://www.ted.com/talks/kevin_slavi...our_world.html

[TheNegotiator]

When is Skynet coming though, or is it here already?!

[SIUYA]

Thanks Tams - Ted - apart from TL, one of the more interesting places on the world wide algorithm.
Reality is people have been doing this in one form or another since they started making tools.
Think of what a road, rail way line, expanding city is.

When it comes to trading - read Soros and his relfexivity theories and see how they fit pretty well with algos.
Worst part is that as it was touched on - a lot of the time, we have no idea how these work and their impact, and I think many of the programmers probably are in much the same boat

Skynet is here already - think doomsday cults - its just that there are enough checks and balances to keep things in place, when the algos become the checks and balances, or determines we dont need them, then I guess it will be too late. then evolution/mother nature will take over and the giant algorithms of the universe will prevail and we will be a mere blip in history......