Comments on: High-Frequency Trading and the Robot-Led Holocaust http://messymatters.com/2009/07/31/wellmanblog/ Bring Your Own Data Sat, 17 Jul 2010 16:50:31 +0000 http://wordpress.org/?v=2.9.1 hourly 1 By: michael vassar http://messymatters.com/2009/07/31/wellmanblog/comment-page-1/#comment-347 michael vassar Wed, 19 Aug 2009 09:08:19 +0000 http://messymatters.com/?p=363#comment-347 Chimps also can't solve simple block problems, yet they are a trivial evolutionary distance from "Human singularity". Chimps also can’t solve simple block problems, yet they are a trivial evolutionary distance from “Human singularity”.

]]> By: Michael Wellman http://messymatters.com/2009/07/31/wellmanblog/comment-page-1/#comment-288 Michael Wellman Tue, 04 Aug 2009 19:41:59 +0000 http://messymatters.com/?p=363#comment-288 Thanks for the plug, Dan. I was pleased to see that Felix Salmon picked up on my proposal for one-second call markets. It will be pretty hard to get there (discrete-time trading) from here (continuous-time trading), but I'm convinced it is worth hashing out the proposal. Besides, maybe working on designs for countering the trading bots will give us good practice for fending off the robots when the singularity hits... Thanks for the plug, Dan. I was pleased to see that Felix Salmon picked up on my proposal for one-second call markets. It will be pretty hard to get there (discrete-time trading) from here (continuous-time trading), but I’m convinced it is worth hashing out the proposal.

Besides, maybe working on designs for countering the trading bots will give us good practice for fending off the robots when the singularity hits…

]]> By: Vishal http://messymatters.com/2009/07/31/wellmanblog/comment-page-1/#comment-284 Vishal Tue, 04 Aug 2009 14:14:44 +0000 http://messymatters.com/?p=363#comment-284 This is how Nasdaq describes the Flash order process around which much of the concern with HFT seems to be centered: http://www.nasdaqtrader.com/content/ProductsServices/Trading/Flash_factsheet.pdf It's a two-page white paper and, to be honest, only mildly enlightening. This is how Nasdaq describes the Flash order process around which much of the concern with HFT seems to be centered:
http://www.nasdaqtrader.com/content/ProductsServices/Trading/Flash_factsheet.pdf
It’s a two-page white paper and, to be honest, only mildly enlightening.

]]> By: John Langford http://messymatters.com/2009/07/31/wellmanblog/comment-page-1/#comment-277 John Langford Mon, 03 Aug 2009 13:09:15 +0000 http://messymatters.com/?p=363#comment-277 I'd like to point out <a href="http://hunch.net/?p=324" rel="nofollow">this earlier discussion</a> on hunch.net, which is relevant. At it's essence, the claim is that AI is extremely beneficial for interstellar travel, and interstellar travel seems critical for the longer term survival of civilization. I’d like to point out this earlier discussion on hunch.net, which is relevant. At it’s essence, the claim is that AI is extremely beneficial for interstellar travel, and interstellar travel seems critical for the longer term survival of civilization.

]]> By: Munmun http://messymatters.com/2009/07/31/wellmanblog/comment-page-1/#comment-264 Munmun Sat, 01 Aug 2009 05:53:00 +0000 http://messymatters.com/?p=363#comment-264 Interesting. But reaching the "AI Singularity" appears far from now. We can't even solve simple block problems! Interesting. But reaching the “AI Singularity” appears far from now. We can’t even solve simple block problems!

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