tungwaiyip.info

home

about me

links

Blog

< May 2010 >
SuMoTuWeThFrSa
       1
2 3 4 5 6 7 8
9101112131415
16171819202122
23242526272829
3031     

past articles »

Click for San Francisco, California Forecast

San Francisco, USA

 

The Day When Machines Rule The World

Yesterday the U.S. stock market experienced a sudden and volatile fluctuation. Dow Jones index has briefly dropped by 10% during intraday trading. The main culprit seems not to be economic issue but suspect to be a glitch in trading. Apparently one trader has entered an exceptionally large trade by mistake, which set off all the automatic trading program to sell-off. There goes the market value.

Watching this episode I see a picture emerging. This is the day when machines begin to rule the world. For all the vigilance put in place after the computer induced 1987 market crash, we are still, or perhaps even more vulnerable due to more reliance on computers.

The conflict of man against machine seems like a sci-fi plot. But I think it is more realistic than most people think. The problem is we are looking for an anthropomorphous entity like HAL, an supercomputer that knows it all, have immense analytic power, and the most frightening part, it has a mind of its own. As far as I know I don't see anything like this on the horizon.

Instead there are countless software agents roaming the net, collecting information, building database, distributing information and in some case taking active roles like trading stock. This global computer network has developed immensely in the past 2 decades, impacting every aspect of our society. Mostly it makes our economy more efficient and keeping us better informed. But does the system also enslave us in some way? Are human truly in control of our destiny. Or are we at the mercy of the system?

I am imagining how the next computer glitch would look like. Think Google Calendar. One day it may suddenly 'recommend' a political rally event to all users, those logic that even its creator cannot explain. And our history may have changed as a result.

2010.05.07 [, ] - comments

 

 

blog comments powered by Disqus

past articles »

 

BBC News

 

Kim Wall murder: Danish inventor Peter Madsen given life sentence (25 Apr 2018)

 

Iran nuclear deal: Rouhani says West has no right to make changes (25 Apr 2018)

 

Madrid leader quits amid 'cream theft' claim (25 Apr 2018)

 

India teacher arrested over wedding bomb murder (25 Apr 2018)

 

WhatsApp raises minimum age limit in EU (24 Apr 2018)

 

Mexican 'cowboy' stops armed robbery in Monterrey, Mexico (25 Apr 2018)

 

Alek Minassian Toronto van attack suspect praised 'incel' killer (25 Apr 2018)

 

Singapore mourns Inuka, the world's only 'tropical polar bear' (25 Apr 2018)

 

Man critical after Anfield attack before Liverpool-Roma clash (25 Apr 2018)

 

Asaram Bapu: Indian guru sentenced to life for raping girl (25 Apr 2018)

more »

 

SF Gate

 

Bay Area News (7 Jan 2012)

 

City Insider (11 Feb 2012)

 

Crime Scene (13 Feb 2012)

 

C.W Newius Column (10 Jan 2012)

 

C.W. Nevius Blog (11 Feb 2012)

 

Education News (10 Jan 2012)

 

KALW (11 Feb 2012)

 

Matier and Ross Blog (11 Feb 2012)

 

Overworked? These are the companies offering the best work/life balance, according to Indeed (25 Apr 2018)

 

Business News Roundup, April 25 (24 Apr 2018)

 

For the first time, Facebook spells out what it forbids (24 Apr 2018)

 

YouTube says computers are catching problem videos (24 Apr 2018)

 

Zelle money-transfer service vulnerable to hackers (24 Apr 2018)

 

Comey book sells, Yahoo fined for breach, Bezos says regulation is ‘fine’ (24 Apr 2018)

more »

 


Site feed Updated: 2018-Apr-25 07:00