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https://en.wikipedia.org/wiki/Long-Term_Capital_Management https://en.wikipedia.org/wiki/Long-Term_Capital_Management ?? Edit: Due to the swift downvotes, let

https://en.wikipedia.org/wiki/Long-Term_Capital_Management https://en.wikipedia.org/wiki/Long-Term_Capital_Management ?? Edit: Due to the swift downvotes, let me elaborate. I am not saying this will be the case, I just think that philosophically, blind reliance on algorithms can be catastrophic.

forgetsusername 10y ago
>blind reliance on algorithms can be catastrophic. And in other places, basic algorithms smash human judgement: https://www.amazon.com/Clinical-Versus-Statistical-Prediction-Theoretical/dp/0963878492/ref=sr_1_1?ie=UTF8&qid=1486504647&sr=8-1&keywords=Clinical+vs.+Statistical+Prediction%3A+A+Theoretical+Analysis+and+a+Review+of+the+Evidence https://www.amazon.com/Clinical-Versus-Statistical-Predictio...