Tag Archives: correction

Open the Pod Bay Doors

One of the basic sci-fi dystopian plots came true yesterday, as computer -generated trading apparently took control of the stock market and nearly crashed it. More and more trading is done according to complex programs developed for highly sophisticated computers, which can analyze data and make trades faster than we poor, limited humans can. The problem seems to be that the programs, under the kind of market stresses exhibited yesterday, can build a feedback loop that wildly exaggerates market swings.

Hopeless science fiction fan that I am, the whole thing reminded me of HAL, the insane computer in the iconic film, “2001.” Thus, this cartoon.