Thursday, January 26, 2012

TED talk: Algorithms that shape our world

Kevin Slavin talks about how people will one day terraform the earth just to make algorithms get access to data faster. Talks about how algorithms
 i. on caused the price of the book "The Making of a Fly" to become 23 million USD
ii. caused 9% of wealth of US stock markets to disappear in the Flash Crash of 2:45

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