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   Message 7,954 of 8,965   
   kkubos@gmail.com to All   
   Robots Take Over Economy: Sudden Rise of   
   13 Sep 13 13:21:54   
   
   Recently, the global financial market experienced a series of computer   
   glitches that abruptly brought operations to a halt. One reason for these   
   "flash freezes" may be the sudden emergence of mobs of ultrafast robots, which   
   trade on the global markets    
   and operate at speeds beyond human capability, thus overwhelming the system.   
   The appearance of this "ultrafast machine ecology" is documented in a new   
   study published on September 11 in Nature Scientific Reports.   
      
   The findings suggest that for time scales less than one second, the financial   
   world makes a sudden transition into a cyber jungle inhabited by packs of   
   aggressive trading algorithms. "These algorithms can operate so fast that   
   humans are unable to    
   participate in real time, and instead, an ultrafast ecology of robots rises up   
   to take control," explains Neil Johnson, professor of physics in the College   
   of Arts and Sciences at the University of Miami (UM), and corresponding author   
   of the study.   
      
   http://www.sciencedaily.com/releases/2013/09/130911093147.htm   
      
   --- SoupGate-Win32 v1.05   
    * Origin: you cannot sedate... all the things you hate (1:229/2)   

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