[ExI] Signs of the singularity

[BillK]

On 5/28/10, Keith Henson wrote:
> >From Slashdot
>
>  An anonymous reader writes "In an unexpected development for the
>  depressed market for mathematical logicians, Wall Street has begun
>  quietly and aggressively [0]recruiting proof theorists and recursion
>  theorists for their expertise in applying ordinal notations and ordinal
>  collapsing functions to high-frequency algorithmic trading. Ordinal
>  notations, which specify sequences of ordinal numbers of ever increasing
>  complexity, are being used by elite trading operations to parameterize
>  families of trading strategies of breathtaking sophistication. The
>  monetary advantage of the current strategy is rapidly exhausted after a
>  lifetime of approximately four seconds — an eternity for a machine, but
>  barely enough time for a human to begin to comprehend what happened. The
>  algorithm then switches to another trading strategy of higher ordinal
>  rank, and uses this for a few seconds on one or more electronic
>  exchanges, and so on, while opponent algorithms attempt the same
>  maneuvers, risking billions of dollars in the process."
>
>


More like Signs of Wall Street terminal insanity.


BillK