IP: First a bull then ... : Good Morning Silicon Valley Fri Aug 10 12:00:27 EDT 2001

[David Farber <dave () farber net>]

> "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



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