How the rise of computerized decision-making affects every aspect
of business and daily life
The bot takeover began with high frequency trading on Wall Street,
and from there it spread to all manners of high-level tasks--such
as diagnosing illnesses or interpreting legal documents. There is
no realm of human endeavor safe from algorithms that employ speed,
precision and nuance.
In this fascinating book, Steiner tells the story of how
algorithms took over and shows why the "bot revolution" is about to
spill into every aspect of our lives. We meet bots that are driving
cars, penning haikus, and writing music mistaken for Bach's. They
listen in on customer service calls and figure out what Iran would
do in the event of a nuclear standoff. On Wall Street,
pre-programmed algorithmic deals are executed by machines faster
than any human could--leaving human investors at a severe
disadvantage.
But what will the world look like when algorithms control our
hospitals, our roads, and our national security? Is a stock market
controlled by high-speed trading bots worth investing in? And what
role will be left for doctors, lawyers, writers, truck drivers, and
many others?
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