July 9, 2012
Successful businesses will be those that optimize the mix of humans, robots, and algorithms, says Christopher Steiner in Automate This, a book due out next month.
Today, automated trading bots account for nearly three-quarters of U.S. equity trading by volume. Trading houses plow millions into fiber optics and microwave dishes so their algorithms can send trades a millisecond faster than the next guys’.
This month’s Technology Review business… read more