Showing posts from April, 2013

Artificial intelligence taking over

In recent years an interesting discussion about artificial intelligences presence in our everyday life has started up. It is somewhat un-noticed that we have come to an era where artificial intelligence is starting to take over work, decisionmaking and even jobs that no-one could ever predicted. Here is an interesting TED talk from Ken Jennings who was the best jeopardy player and then was beaten by a super computer . I think this trend is very important, most probably it is un-avoidable and it is important for humankind to notice that. Let us think of a few examples. The most scary and almost un-noticed example is that of the high-frequency trading on stock markets. Read here more about it . In essence artificial intelligence owned by investment banks and capital funds are driving now over half of the trades on stock markets. So how did it happen that we now have a casino, where computers are playing with our pension money? It never was a conscious decision, it just happened. Does