By far the best way to prevent a tug-of-war is to not pick up your end of the rope.
The AP’s Twitter account was hijacked and used to post the following: “Breaking: Two Explosions in the White House and Barack Obama is injured.” Within a few moments, the stock market took a 1% nosedive, before returning to the norm when it became apparent the account was fake.
A few thoughts and questions:
- Are automated bidders using natural language analysis now? Is some cobbled together sentiment engine marking a tweet from a (usually) trusted source as negative, triggering a precise sale? If so, will we see a rise in noise bots, creating a shadow news economy to screw with competitive holdings?
- Look how liquid the market is: within a couple minutes 1% was gone.
- People are making real business decisions from Twitter. (This blip will likely figure into countless social media presentations for years to come.)
- What will we legislate first: news speed or market speed?
Thoughts? (Via The Atlantic Wire)
Today’s computers are so complex that they can only be designed and manufactured with slightly less complex computers. In turn the computers used for the design and manufacture are so complex that they themselves can only be designed and manufactured with slightly less complex computers. You’d have to go through many such loops to get back to a level that could possibly be re-built from scratch.
The Glass Bicycle
When I see the Google Glass UI sitting in the upper right hand corner of my vision, I think of it as potentially being one of the greatest tools man has ever come up with. It’s the true bicycle for our minds. It’ll make everyone smarter, faster, and better connected. It takes away the clunky interface of the computer, and it brings the world’s information directly to your mind.
The difference between Wikipedia twenty seconds away in your pocket and the answer to your question instantly and unobtrusively in your vision is enormous.
A computer is a magical box that provides endless pleasure for free. Simon is used to constant access to this box—a never-ending flow of pleasures.When the box stops working—or even just briefly slows down—he becomes so enraged that he curses our God, the one who gave us life and brought us forth from Egypt.