IgorShare Thoughts and Ideas

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Algorithms are terraforming Earth and our environment

Posted by Igor Moochnick on 11/25/2011

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Just recently watched Kevin Slavin [TED talk] on “How algorithms shape our world”. This made me realize why I’m intuitively trying to stay away from the open trading.

How can you continue to call yourself an investor and go against the algorithms? Your money can disappear in an instant like the 9% of the market Kevin was referring to. The market works like a lotto or a Russian roulette and very similar to the Wild Wild West – who pulls the gun first and pulls the trigger faster – wins.

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One Response to “Algorithms are terraforming Earth and our environment”

  1. Here is another proof that we’re doomed (and we have to be very careful with robots) – “Robot stock traders lose $440,000,000 in 45 minutes, need someone to spell it out” http://www.engadget.com/2012/08/03/rogue-automatic-trading/

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