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Er, no. The alternative is to not build those systems. Here clearly suggested is, not to let algorithms make all the decisions, but let people actively manage
by guenthert 7y ago
Er, no. The alternative is to not build those systems. Here clearly suggested is, not to let algorithms make all the decisions, but let people actively manage those funds. That might be generally less efficient (in terms of volume of trades and profit), but the assumption is that a total disaster (e.g. flash crash) wouldn't happen with "slow" humans in the loop.
- perl4ever 7y agoHow is a flash crash a "total disaster"? It seems to me that just describing it that way indicates your mind is addled by technology, since before modern times nobody would expect continuous pricing of everything every millisecond of every day or think that everything was worthless because it wasn't being quoted appropriately for an instant.