Good ideas and conversation. No ads, no tracking. Login or Take a Tour!
kleinbl00 · 3753 days ago · link · · parent · post: If this doesn't terrify you... Google's computers OUTWIT their humans • The Register
I'm not sure I'd characterize the Flash Crash as "weird shit." It was pretty much the hypothetical people raised against HFT.
–
Yes - the specific mechanism of the crash was "a bunch of computers operating on non-vetted rules competing for fractions of a penny millions of times per second WHAT COULD GO WRONG?" It wasn't exactly unprecedented, either. Before there was HFT, there was "program trading" which probably caused Black Monday.