Stremf in Numbers
Monday, July 9, 2012
  Entanglement
As financial trading shifts to algorithmic "black box" transactions, the decisions are headed towards the autonomous. Let's not even begin to talk about "value." That idea went out the window with the tulips. But, now the human element, and the decision and bias that goes with it, is being removed. One might even classify the system as robotic. As human oversight is taken out of the process, we have an increasingly murky picture of what's going on and less control over outcomes. It's now bots trading against other bots. A fun exercise might be to stack these machines up against Isaac Asimov's Three Laws of Robotics. 


  1. A robot may not injure a human being or, through inaction, allow a human being to come to harm.
  2. A robot must obey the orders given to it by human beings, except where such orders would conflict with the First Law.
  3. A robot must protect its own existence as long as such protection does not conflict with the First or Second Laws.
 
 
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