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Except that harmful algorithms aren't limited to only harming other algorithms. They manipulate the stock price for every investor, including small investors.
by Osiris 12y ago
Except that harmful algorithms aren't limited to only harming other algorithms. They manipulate the stock price for every investor, including small investors. The SEC should be involved to protect the small investors from the effects of bad actors.
- icebraining 12y ago"Manipulate" is a just a loaded term for influence, which is what every investor does by buying and selling. If one buys shares because some other person's algorithm pushed them up, isn't (s)he gambling just like them? Why should (s)he be protected?
- sosborn 12y ago> "Manipulate" is a just a loaded term for influence, which is what every investor does by buying and selling. True, but remember that the degree of influence can vary by several orders of magnitude.