Re: nettime The secret financial market only robots can see

2013-09-30 Thread Newmedia
Felix: What has happened through financialization is not the rise of machines, or some creation of intelligent forms of agency beyond human comprehension. Who said any of this is beyond comprehension? If you choose to not even try to understand something, for your own reasons of *dogma*

Re: nettime The secret financial market only robots can see

2013-09-30 Thread Felix Stalder
OK. It's the machines. You convinced me. Now, what? Felix On 09/29/2013 02:34 PM, newme...@aol.com wrote: It is the machines that are *spying* on us -- not humans. It is the machines that are taking our jobs -- not humans (now that wage arbitrage is declining). # distributed

Re: nettime The secret financial market only robots can see

2013-09-30 Thread mp
On 29/09/13 14:34, newme...@aol.com wrote: It is the machines that are *spying* on us -- not humans. It is the machines that are taking our jobs -- not humans (now that wage arbitrage is declining). So if we switch them off, all associated problems go away? As George Dyson

Re: nettime The secret financial market only robots can see

2013-09-30 Thread Armin Medosch
On 09/30/2013 01:12 PM, Felix Stalder wrote: OK. It's the machines. You convinced me. Now, what? Felix silent chuckle ... I wanted to throw in my 2pence already a while ago. Last year I had the opportunity of investigating the matter journalistically, through a series of interviews, and I

Re: nettime The secret financial market only robots can see

2013-09-30 Thread Joe Raimondo
Doug Rushkoff has spoken of the architecture of Lower Manhattan coming to resemble that of a microprocessor. The gates keep becoming more tightly packed; for every meter you move closer to the Valhalla (old Verizon co-lo facility at 375 Pearl st.), you are one nanosecond closer to perfect insight.

Re: nettime The secret financial market only robots can see

2013-09-30 Thread Chad Scoville
. Interesting subjects to discuss indeed. /chadscoville /www.riftrouter.cx -Original Message- From: Armin Medosch [mailto:ar...@easynet.co.uk] Sent: Monday, September 30, 2013 09:07 AM To: 'a moderated mailing list for net criticism' Subject: Re: nettime The secret financial market only

Re: nettime The secret financial market only robots can see

2013-09-30 Thread David Mandl
Hi Armin-- On Sep 30, 2013, at 9:07 AM, Armin Medosch ar...@easynet.co.uk wrote: In principle, it is important to differentiate between different forms of algorithmic trading. There are on one hand, large investment banks and hedge funds who hold large portfolios of different types of stocks

Re: nettime The secret financial market only robots can see

2013-09-29 Thread Felix Stalder
On 09/27/2013 12:21 AM, Brian Holmes wrote: Finally, I do think that the claim to manage risk through hedging strategies tends to deny collective responsibility for risks that, nonetheless, are run by everyone and whose effective consequences are typically paid for by large numbers of

Re: nettime The secret financial market only robots can see

2013-09-28 Thread David Mandl
To restate what Brian wrote, in five times as many words: I think it's easy (and *usually* reasonable) to say, This thing that's happening now, and the backlash against it, is just like such-and-such a thing that happened 100 years ago, and all that fuss turned out to be very silly. So,

Re: nettime The secret financial market only robots can see

2013-09-28 Thread Keith Hart
Dave, I am with you and Brian on this one, so I hope this doesn't come across as merely scholastic. It is not about same vs different, but about difference-in-sameness or the other way round. There was a rather sterile episode in economic anthropology along these lines known as the

Re: nettime The secret financial market only robots can see

2013-09-26 Thread Chad Scoville
[mailto:bhcontinentaldr...@gmail.com] Sent: Monday, September 23, 2013 12:20 PM To: nettim...@kein.org Subject: Re: nettime The secret financial market only robots can see ... # distributed via nettime: no commercial use without permission # nettime is a moderated mailing list for net criticism

Re: nettime The secret financial market only robots can see

2013-09-24 Thread Brian Holmes
On 09/23/2013 01:46 AM, nettime's avid reader wrote: The researchers say there’s much more to learn, especially at the border where human traders and robotic ones interact. One question is whether moving at computer speeds is inefficient because there’s less information available at that time