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0 pointsalvis3y ago0 comments

A rogue AI with real-time access to sensitive data wreaks havoc on global financial markets, causing panic and chaos. It's just not hard to see it's going to happen. Like faster car must ended up someone get a horrible crash.

But it's our responsibility to envision such grim possibilities and take necessary precautions to ensure a safe and beneficial AI-driven future. Until we're ready, let's prepare for the crash >~<

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sfink3y ago

It has already happened. The 2010 Flash Crash has been largely blamed on other things, rightly or wrongly, but it seems accepted that unfettered HFT was involved.

HFT is relatively easy to detect and regulate. Now try it with 100k traders all taking their cues from AI based on the same basic input (after those traders who refuse to use AI have been competed out of the market.)

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0 pointsalvis3y ago0 comments

But it's our responsibility to envision such grim possibilities and take necessary precautions to ensure a safe and beneficial AI-driven future. Until we're ready, let's prepare for the crash >~<

0 comments

sfink3y ago

It has already happened. The 2010 Flash Crash has been largely blamed on other things, rightly or wrongly, but it seems accepted that unfettered HFT was involved.

1 more reply

j / k navigate · click thread line to collapse