3 ms·
It's a good thing we aren't using updated updated-on-the-fly computer systems for controlling powerplants, chemical refineries, trading on finacial markets or d
by blix 4y ago
It's a good thing we aren't using updated updated-on-the-fly computer systems for controlling powerplants, chemical refineries, trading on finacial markets or driving cars!
- mikewarot 4y agoKnight Capital updated their your stock algorithms on the fly, instead of properly investigating the cause of failure[1], resulting in a loss of USD$460 Million after unwinding most of the trades with other firms. [1] https://en.wikipedia.org/wiki/Knight_Capital_Group https://en.wikipedia.org/wiki/Knight_Capital_Group