It is well known that the modern quantitative trading programming of elite Wall Street firms began in the 1960s with the adaptation of a Monte Carlo algorithm invented by John Von Neuman in the 1940s to winning at Black Jack by card counting and calculating odds (How to Beat the Dealer) to stock trading. in the 1960s Actual gambling casinos soon learned to recognize and ban card counters from playing yet free enterprise continued in I Vegas. On Wall Street alternatively quantitative computer managed ‘card counting’ was allowed and invested in heavily with supporting government deregulation. The result is the national concentration of wealth.
http://www.columbia.edu/~mh2078/MCS04/MCS_framework_FEegs.pdf
When ordinary free enterprise risk is submerged within a meta-structure of quantitative trading gaming of the system capitalism has become detached from its incidental role of building up as a result of meritorious free enterprise. The house loses when quantitative trading card counting’ quality trading programs skim vast amounts of investments.
http://www.youtube.com/watch?v=NhC1Qb-PQ5Q
http://creativemachines.cornell.edu/eureqa_download
There are new artificial intelligence algorithms emerging these days that will also affect Wall Street and reinforce new ‘card-counting’ players. I would like a word processing program that respond to my verbal instructions to insert page breaks or headers wherever I say, such as at any words in bold type, yet that kind of word processing though resembling A.I. would have none of the deeply analytical quality of Eureqa-a new program to distill equations for physical systems such as gravity.
Governments should at least be cognizant of the .A.I. gaming potential for economics and instead of degrading citizens to abstract units while raising the value of elite Quantitative programmers of wealth concentration it should detach ordinary business and citizen capital from subjection to the pervasive, networks and predatory traders.
New Science ran an article on Eureqa in January and reported that the free to download program has been downloaded more than 25,000 times. It is a first rate program that could be tasked by people for purposes of forming analytical structures and equations able to game up Wall Street better indirectly dumping more disadvantage on the mere inventive enterprisers with a streak of Thomas Edison in their spirit.
Evidently Eureqa can be given select parameters and select data and calculate what equations would represent the relationships amidst the data accurate. In time such programs as Eureqa might allow development of artificial intelligence computer viruses able to adaptively conceal their existence within a data structure perhaps arriving in bits to infiltrate firewalls and reassemble before dispersing for cellular community organizing of guerrilla insurgencies.
Adaptive artificial intelligence systems for quantitative gaming of Wall Street might be a logical step beyond the next step of predation upon traditional capitalized business structures listed electronically on Wall Street. Trading structures for quantitative artificially intelligence directed leveraging for arbitrage is one possibility for the too rich to govern and too politically challenging to regulate corruptions of democracy in the U.S.A. along with the primary institution of independent, home free enterprise.
When the card-counters enter the game all of the house mortgage holders lose.
http://www.columbia.edu/~mh2078/MCS04/MCS_framework_FEegs.pdf
When ordinary free enterprise risk is submerged within a meta-structure of quantitative trading gaming of the system capitalism has become detached from its incidental role of building up as a result of meritorious free enterprise. The house loses when quantitative trading card counting’ quality trading programs skim vast amounts of investments.
http://www.youtube.com/watch?v=NhC1Qb-PQ5Q
http://creativemachines.cornell.edu/eureqa_download
There are new artificial intelligence algorithms emerging these days that will also affect Wall Street and reinforce new ‘card-counting’ players. I would like a word processing program that respond to my verbal instructions to insert page breaks or headers wherever I say, such as at any words in bold type, yet that kind of word processing though resembling A.I. would have none of the deeply analytical quality of Eureqa-a new program to distill equations for physical systems such as gravity.
Governments should at least be cognizant of the .A.I. gaming potential for economics and instead of degrading citizens to abstract units while raising the value of elite Quantitative programmers of wealth concentration it should detach ordinary business and citizen capital from subjection to the pervasive, networks and predatory traders.
New Science ran an article on Eureqa in January and reported that the free to download program has been downloaded more than 25,000 times. It is a first rate program that could be tasked by people for purposes of forming analytical structures and equations able to game up Wall Street better indirectly dumping more disadvantage on the mere inventive enterprisers with a streak of Thomas Edison in their spirit.
Evidently Eureqa can be given select parameters and select data and calculate what equations would represent the relationships amidst the data accurate. In time such programs as Eureqa might allow development of artificial intelligence computer viruses able to adaptively conceal their existence within a data structure perhaps arriving in bits to infiltrate firewalls and reassemble before dispersing for cellular community organizing of guerrilla insurgencies.
Adaptive artificial intelligence systems for quantitative gaming of Wall Street might be a logical step beyond the next step of predation upon traditional capitalized business structures listed electronically on Wall Street. Trading structures for quantitative artificially intelligence directed leveraging for arbitrage is one possibility for the too rich to govern and too politically challenging to regulate corruptions of democracy in the U.S.A. along with the primary institution of independent, home free enterprise.
When the card-counters enter the game all of the house mortgage holders lose.
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