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I remember reading a semi-apocryphal story from the 70s where a criminal group rented a minicomputer w some logistics software package and used it to pyramid a
by pinewurst 7y ago
I remember reading a semi-apocryphal story from the 70s where a criminal group rented a minicomputer w some logistics software package and used it to pyramid a huge check kiting scheme. They had some tech problems which caused the whole thing to implode, given the tight time constraints they had in keeping the money moving.
- perl4ever 7y agoI think I've heard of that program. "‘...Gordon’s great insight was to design a program which allowed you to specify in advance what decision you wished it to reach, and only then to give it all the facts. The program’s task, which it was able to accomplish with consummate ease, was simply to construct a plausible series of logical-sounding steps to connect the premises with the conclusion. ‘And I have to say that it worked brilliantly. Gordon was able to buy himself a Porsche almost immediately despite being completely broke and a hopeless driver. Even his bank manager was unable to find fault with his reasoning. Even when Gordon wrote it off three weeks later.’"