April 27, 2012
cult of economics reaches limits of physics
This is pretty wonderfully mad: black holes in the bazaar.
The excessive speeds being sought to enable financial transactions at every tinier fractions of a second for trading advantage are approaching a level where fluctuations from gravity and other limits of physics may appear.
(For context on this, see this TED talk about algorythms being used to run trade and reshape the world.)
Filed by billy at 11:54 am under culture,oblivion,technology
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