Interesting People mailing list archives
IP: First a bull then ... : Good Morning Silicon Valley Fri Aug 10 12:00:27 EDT 2001
From: David Farber <dave () farber net>
Date: Fri, 10 Aug 2001 15:11:55 -0400
"We see robots working in the frenzy of the trading pit while humans are elevated to a managerial role." So said IBM's Jeffrey Kephart after the company's<http://www.newscientist.com/news/news.jsp?id=ns99991131> software-based robotic trading agents wiped the floor with six commodities traders during a trading simulation. Operating through an unbiased software-based auctioneer, IBM's robotic trading agents made seven percent more profits than their human competitors.
http://www.newscientist.com/news/news.jsp?id=ns99991131 For archives see: http://www.interesting-people.org/
Current thread:
- IP: First a bull then ... : Good Morning Silicon Valley Fri Aug 10 12:00:27 EDT 2001 David Farber (Aug 10)