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Now that this has happened once and people noticed it I bet there are going to be a bunch of bots looking to arbitrage off of other overly-literal bots next Apr

• undersuit 12y ago
  You make the bot that fools all the other bots. I'll make the bot that fools your bot.
• crazypyro 12y ago
  I was just thinking that. You'd only have to beat out all the overly-literal bots on a single day, so I'd imagine the complexity of the problem is dramatically reduced. I think ideally you would train a bot to recognize some measure of satire/joking, yet you would only want to execute on the press releases/articles that were just on the very edge of satire, so as to detect satire that fools as many general purpose bots as possible, as fast as possible. I doubt there is really that much of this happening, relative to the size of the market, though.
  • wcfields 12y ago
    This satire alone created a $100 million bump. It makes sense now that in Feb to do a skunkworks satire/parody engine that runs on April 1st and compares against the other high frequency trading bots that aren't equipped to handle nuance.
• FLUX-YOU 12y ago
  Hm. Maybe I can arbitrage off of the bot that arbitrages off of the overly-literal bots.
• LoSboccacc 12y ago
  I was thinking along these lines the other day. Maybe stock market is unpredictable without outside world insight, but algorithms probably are. A second order predictor may benefit from it, giving less gains more reliably guessing algorithm behavior instead of stock trends.