Group items tagged

"high-frequency trading that you hear a lot is that it destabilizes markets, because all the computers trading with each other don't have the common sense famously possessed by stock exchange floor traders, and so they sometimes do dumb stuff like sell stock for a penny or buy it for $99,999.99, and then later when you yell at them they just point to their algorithms and shrug. "

"Each 30-pound robot is equipped with sensors to help it navigate the store's layout and avoid bumping into customers' carts. When it detects product areas that aren't fully stocked, the data is shared with store management staff so the retailer can make changes, said Dave Steck, Schnuck Markets' vice president of IT and infrastructure."

"Artificial Intelligence has the ability to perform illegal financial trades and cover it up, new research suggests. In a demonstration at the UK's AI safety summit, a bot used made-up insider information to make an "illegal" purchase of stocks without telling the firm. When asked if it had used insider trading, it denied the fact. Insider trading refers to when confidential company information is used to make trading decisions. Firms and individuals are only allowed to use publicly-available information when buying or selling stocks. "

"China's biggest tech stocks dropped sharply after the country approved a strict data privacy law, prompting renewed concerns among investors over the intensity of Beijing's regulatory crackdown."

"KanKan's capabilities include gathering data on in-store traffic, such as how long a customer lingers at a specific shelf, monitors stock levels and staff activity, and even takes note of the emotions of shoppers as they walk around a store."

"That is when the alarm bells went off for Mr Ang. "I saw that there was a text file inside the encrypted folder that showed that it was ransomware, asking for payment to decrypt the files." The company decided not to pay the ransom of US$1,000 (S$1,447). Instead, it spent a week rebuilding about 3,000 infected files with data of the accounts and stocks from hard copy files."

"More and more independent thinkers are realizing that when being an employee is the equivalent to putting all your money into one stock - a better strategy is to diversify your portfolio. So you're seeing a lot more people looking to diversify their career." Faith Popcorn, a futurist, echoes the idea that we will all have to become as agile as possible and "have many forms of talent and work that you can provide the economy".

"The store will also utilise data and video analytics to analyse purchasing behaviour and customise its inventory. An auto-ordering system eliminates the need to manually track and order stocks."

"In October 2016, algorithms reacted to negative news headlines about Brexit negotiations by sending the pound down 6% against the dollar in under two minutes, before recovering almost immediately. Knowing which particular headline, or which particular algorithm, caused the crash is next to impossible. When one haywire algorithm started placing and cancelling orders that ate up 4% of all traffic in US stocks in October 2012, one commentator was moved to comment wryly that "the motive of the algorithm is still unclear"."

"From our vantage point, this arc from the stocking frames of the Luddites to the Factory Acts makes total sense: a transformative technological change, its adaptation unfettered by regulation, and then the demand for a collective response as the implications of those changes become clearer."

"It's been said that software is "eating the world." More and more, critical systems that were once controlled mechanically, or by people, are coming to depend on code. This was perhaps never clearer than in the summer of 2015, when on a single day, United Airlines grounded its fleet because of a problem with its departure-management system; trading was suspended on the New York Stock Exchange after an upgrade; the front page of The Wall Street Journal's website crashed; and Seattle's 911 system went down again, this time because a different router failed. The simultaneous failure of so many software systems smelled at first of a coordinated cyberattack"

"Robinhood's free-trading revolution helped pave the way to the recent Reddit mayhem on Wall Street. The rise of Robinhood means that the ability to buy stocks, on a whim, is now at everyone's fingertips. Robinhood has opened investing up to the masses. Rival online brokerages were forced to mimic Robinhood's zero-commission business model, and some joined forces just to survive. "

"In past months, an AI-generated image of an explosion at the Pentagon caused a brief dip in the stock market. AI audio parodies of US presidents playing video games became a viral trend. AI-generated images that appeared to show Donald Trump fighting off police officers trying to arrest him circulated widely on social media platforms. The Republican National Committee released an entirely AI-generated ad that showed images of various imagined disasters that would take place if Biden were re-elected, while the American Association of Political Consultants warned that video deepfakes present a "threat to democracy"."

"During the COVID-19 pandemic, millions of Americans will be forced to work, play, and learn from home for the foreseeable future. Such a massive shift will lean not only on shaky and expensive U.S. broadband networks, but popular teleconferencing programs that often don't quite work as advertised. Zoom in particular has seen a flood of new users, and the company's stock has jumped roughly 20 percent since the COVID-19 outbreak began. But as new users flock to the platform for work, they should be aware of a few things: namely, the company's data collection, its shaky privacy policy, and the fact your boss knows when you're not giving them your undivided attention."

"After "social engineering" efforts using personal details to target staff were uncovered, badges no longer carry last names, clean-desk policies are far more strictly enforced and the processing and communication of sensitive information is now subject to higher bars of regular mandatory training."

"ns Work in Progress It Sure Looks Like Phones Are Making Students Dumber Test scores have been falling for years-even before the pandemic. By Derek Thompson A student looking at their phone Darrell Eager / Gallery Stock December 19, 2023 Saved Stories This is Work in Progress, a newsletter about work, technology, and how to solve some of America's biggest problems. Sign up here. For the past few years, parents, researchers, and the news media have paid closer attention to the relationship between teenagers' phone use and their mental health. Researchers such as Jonathan Haidt and Jean Twenge have shown that various measures of student well-being began a sharp decline around 2012 throughout the West, just as smartphones and social media emerged as the attentional centerpiece of teenage life. Some have even suggested that smartphone use is so corrosive, it's systematically reducing student achievement. I hadn't quite believed that last argument-until now."

"Computer Vision and Pattern Recognition shows that these watermarks can be reliably detected and undetectably erased by software."

Data visibility is an important aspect to achieve the highest potential of the healthcare system for all. Right now most countries are still stuck with a decentralised set of data or no digitalisation at all. This leads to harder distribution and stocking of resources, using supply-chains and making decisions, this also includes every form of system with a high population and research. There are 4 factors in achieving data visibility. Stakeholder commitment, road map to digitalisation, data capability and interoperability.