Houshalter comments on Superintelligence 15: Oracles, genies and sovereigns - Less Wrong

6 Post author: KatjaGrace 23 December 2014 02:01AM

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Comment author: Houshalter 09 February 2015 02:38:39AM 0 points [-]

The failures of automated trading systems are well-known and have cost hundreds of millions of dollars.

But everything looks bad if you just measure the failures. I'm sure if they lost money on net people would stop using them.