In the London Review of Books, Donald MacKenzie has a fascinating article that introduces us to the trading algorithms that control how trading takes place in global markets. The thing that’s really interesting is that these algorithms are starting to feed on each other, sniffing out each others intentions and trying to trick each other into making buys or sells that are favorable to the companies that unleashed the algorithms in the first place. Are we heading to a point where our economy is in the hands of bots?


From The stock market is controlled by algorithms that are fighting with each other - io9


This reminds me of Core Wars