I am a professor by trade and 100% pure Gongura Gulute by birth. I believe in “survival of the fittest” mantra, but my philosophy is to “live and let live.” Therefore, I am at neither extremes of the political spectrum. I am an independent and I love it that way.
2 Commentson "Fascinating Lecture About Algos on Wall Street"
absolutely fascinating and bewildering! It looks like a lot of these brilliant minds developing these either revel at what they do and at their ability to predict future and hence feel God or get the sadistic pleasure of slurping on the life savings of millions of people to a select few. It seems like the only way we can stop this mayhem is that this should be accelerated somehow so that it will evidently shoot their feet to make them realize what they are doing.
absolutely fascinating and bewildering! It looks like a lot of these brilliant minds developing these either revel at what they do and at their ability to predict future and hence feel God or get the sadistic pleasure of slurping on the life savings of millions of people to a select few. It seems like the only way we can stop this mayhem is that this should be accelerated somehow so that it will evidently shoot their feet to make them realize what they are doing.
Thanks
Ramana
More on algos.
http://www.businessinsider.com/internet-algorithms-2011-8