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Hart
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Knight Capital: Just a Warm-Up for the Big One?

- Rick Ackerman -

What all the code writers are trying to achieve is AI (Artificial Intelligence) capable of evolving on its own to keep out maneuvering the competition and increase its capacity. They will achieve AI, just on a level that wasn’t expected, Actual Idiocy. Anytime humans, and greedy ones at that, are involved it means corners will be cut to save some costs and bad programing will spawn more bad programming. Next thing you know Bernake will sound like a Dalek when he tells us that all gold lovers must be exterminated.

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Beginning of the headline : Anyone betting that the global financial system will continue to muddle along indefinitely deserves to reap the whirlwind that’s coming.As the rest of us well know, the international banking system is being kept afloat solely by political lies, stupidity, corruption, greed and, most of all, egregiously misplaced confidence... Read More

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