Tuesday, August 23, 2011

When algorithms control the world

This BBC story based on a book by Eli Pariser 'The Filter Bubble', is interesting in how it explores the way algorithms affect our lives in unpredictable ways. An important example of this is the way so much financial trading is done by algorithms with no human interaction, with unpredictable consequences -

When algorithms control the world - http://www.bbc.co.uk/news/technology-14306146.
23 August 2011

By Jane Wakefield

Technology reporter

"If you were expecting some kind warning when computers finally get smarter than us, then think again.

There will be no soothing HAL 9000-type voice informing us that our human services are now surplus to requirements.

In reality, our electronic overlords are already taking control, and they are doing it in a far more subtle way than science fiction would have us believe.

Their weapon of choice - the algorithm."

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