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* Posts by Destroy All Monsters

9250 posts • joined 3 Jun 2008

ATTACK of the ROBOT BANKERS brings stock market to its knees

Destroy All Monsters
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Big Brother

Re: What is a stock market for?

It's all flimflammery anyway. Government feeds the monster in the first place, then turns around and pretends to regulate it.

You know exactly who will write the law and who will be holding the bag.

Salon had a commendably non-progressive take on this for once:

Unless, as a competitor, you possess enough capital to jump in with both feet and with force, you’re destined, by overwhelming odds, to be on the wrong side of a flash trade, dark pool, regulation induced arbitrage. Not enough money to play and too much regulation to prevent competition. These are mutually exclusive, anti-competitive constructs to the marketplace. In the aftermath of financial bubbles and meltdowns, it has become politically fashionable to grow government with more uneducated and inexperienced personalities charged with blind hatred towards anyone working on Wall Street. Adding legislative mob mentality driven by populist demagoguery into a toxic market can further economic and productivity loss from a couple of years into decade long cycles. Hence, unmeasured and uncertain ideological sword brandishing can succeed in further adding collateral damage to an already broken system. And while it may sound like an argument that is counter-intuitive – hire more intra-country, counter-party traders and eliminate regulation. It remains important to be able to differentiate fraud from purposefully productive and openly competitive markets.

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Destroy All Monsters
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Re: Attack of the High Frequency Trading systems.

Yeah, but if the ones with "no treat" get wiped out, no recourse, sell your ferrari, go back to mom's basement, sanity will be automatically restored pretty quickly and we will all be able to pass on to actual news.

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Destroy All Monsters
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Big Brother

A sad exercise in being late to the party

"Our findings show that, in this new world of ultrafast robot algorithms, the behaviour of the market undergoes a fundamental and abrupt transition to another world where conventional market theories no longer apply."

Yeah well, I wonder in what kind of world these guys live when they think that in the world of QE Infinity and 70 billion dollar per month fresh money injections "conventional market theories" should apply anywhere outside the confused mind of NYT columnist Krugman.

The "machine wot done it" discussion is a rather old one. Here is Murray Rothbard on the crash of '87

Myth 3: The crash came about because of computer trading, which in association with stock index futures, has made the stock market more volatile. Therefore either computer trading or stock index futures or both, should be restricted/outlawed.

This is a variant of the scapegoat term "computer error" employed to get "people errors" off the hook. It is also a variant of the old Luddite fallacy of blaming modern technology for human error and taking a crowbar to wreck the new machines. People trade, and people program computers. Empirically, moreover, the "tape" was hours behind the action on Black Monday, and so computers played a minimal role. Stock index futures are an excellent new way for investors to hedge against stock price changes, and should be welcomed instead of fastened on--by its competitors in the old-line exchanges--to be tagged as the fall guy for the crash. Blaming futures or computer trading is like shooting the messenger--the markets that brings bad financial news. The acme of this reaction was the threat--and sometimes the reality--of forcibly shutting down the exchanges in a pitiful and futile attempt to hold back the news by destroying it. The Hong Kong exchange closed down for a week to try to stem the crash and, when it reopened, found that the ensuing crash was far worse as a result.

It wouldn't even matter if people were not forced to put their money into dubious stockmarket schemes just to "invest for their retirement", i.e. run the decidedly nonzero risk of being robbed blind by "investment" sharks while trying to avoid being robbed blind by bureaucracy sharks. (More on this: How the Stock Market and Economy Really Work)

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iPhone 5S: Apple, you're BORING us to DEATH (And you too, Samsung)

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Storage rage: Like getting a nice steak and being told to only eat 80% of it

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Holmes

This is basically a vendor communication problem.

In a restaurant, you don't get to see the stuff left over at the end of the day. There may be a perfectly good steak left in the fridge that has to be thrown out for elf and safety. Sure, you *could* have eaten it during lunchtime if perfect knowledge of future customers' orders had been available at that point. But there wasn't and so you paid for a piece of steak you never even saw on your plate.

But it's more invisible than the "held back" storage. So there is less complaining. (Same goes for the invisible costs of taxation, bureaucracy, war, nepotism, money printing etc. - people don't complain much about those... but that's another can of worms)

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Intel reveals 14nm PC, declares Moore's Law 'alive and well'

Destroy All Monsters
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Then we can all euthanize ourselves in an iDream.

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Destroy All Monsters
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Re: Even without another process shrink...

But then Linus will ream you out because you designed stuff without thinking about the software that's gotta run on it.

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Torvalds suggests poison and sabotage for ARM SoC designers

Destroy All Monsters
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Re: I invariably find his unabashed hyperbole ... refreshingly honest

1) Why are movies relevant and why should anyone care?

2) What movies are these?

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Destroy All Monsters
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Childcatcher

Re: He's right.

@RobertLong 1

I'm not sure why anyone would think that technical failures can be defended on moral grounds in the first place, though.

Postmodern Liberalism, maybe?

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Destroy All Monsters
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Re: Suggesting killing them is a bit OTT

One could wheel out Kerry to make the killing and maiming more tasteful.

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Apple's no-news Beijing event leaves it adrift in China

Destroy All Monsters
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Re: I do beg your pardon?

Fear not. You are going to get familiarer with it before this "depression is over".

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Boris Johnson floats idea of 'London visa' to attract tech talent

Destroy All Monsters
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In China, this is a lounding ellol

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Torvalds shoots down call to yank 'backdoored' Intel RdRand in Linux crypto

Destroy All Monsters
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Facepalm

> impossible to audit

Yeah, some people haven't heard about statistical tests for randomness.

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Google backs gallery of computer-crazed female boffinry at Bletchley Park

Destroy All Monsters
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Apparently in Fallujah.

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Destroy All Monsters
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Unhappy

"This new Women in Computing gallery at TNMOC will promote positive role models for women and so encourage girls and women in critical thinking and engineering. It shows the heroines of computing as historic facts to inspire the upcoming generation."

It is my sad understanding that these days, the above is already tl;dr for "girls".

I wish it were otherwise.

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CSC boss post-NHS IT flop, Ford CEO 'pitched' as the next Steve Ballmer

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FAIL

The century of farce

About as farcical as "The Administration" pushing its Nextest War. Are there only a handful of "CEOs" in the whole world? No Are we making a Hollywood shite movie which needs Big Names of Tired Talent to pull in punters? Well.....

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NSA slides reveal: iPhone users are all ZOMBIES

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Big Brother

Re: No surprise there.

I have to say I cannot adapt myself to the New Times and cannot feel shock about NSA shenanigans either. It's like it was somehow still okay.

Oldthinkers unbellyfeel the Listening, reckon.

With all the snooping one would think the War on Terror would be "won" in a jiffy. But now, it's getting worse by the hour, soon with Pakistan on the Rio Grande. What gives? What are they doing?? Aren't they keeping us safe?

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Destroy All Monsters
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Facepalm

Literary reference FAIL

SInce when are there "brainwashed zombies" in 1984?

Maybe there are in the Americanized Version? With a good-looking Winston Smith cleaning up the Inner Circle?

"You killed my girfriend Brother - Big Mistake!"

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Finns, roamers, Nokia: So long, and thanks for all the phones

Destroy All Monsters
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Re: Rotting at the head

> Kallasvuo was the guy who happened to bye electronics in Switzerland and happened to forget to pay customer duties when returning to Finland.

I seriously fail to see how this is a problem.

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Penguins, prepare to get SPACED OUT: Ubuntu 13.10's Mir has docked

Destroy All Monsters
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Bristol boffins announce QUANTUM CLOUD

Destroy All Monsters
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Re: Shurely shome mishtake?

This does not imply all that much.

Ultimately, all these "things" we label are just macroscopic ideas applied to "the layer below". You need to use the mathematical idea to be "closer to the thing in itself".

Consider the position vector of a bullet in a first-person-shooter. There is no bullet. There is a position vector of three IEEE floating point numbers (which exhibit interesting logarithmic granularity). Where is that vector? Not at the bullet's position.

Anyway.

This gave me the thought there are probably plugins for well-known math packages like Matlab which do all this, so:

http://www.quantiki.org/wiki/List_of_QC_simulators

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Destroy All Monsters
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Re: Shurely shome mishtake?

The fun thing about photons is that you are never sure about how many there are. Accelerate your reference frame and voilà - instantly more of them.

Back to the article

The Bristol chip generates a photon using a blue laser that is split into two red daughter photons. These photons are prepared as qubits – the quantum equivalent of a digital bit, except these can exist in superposition of states which can be manipulated using electrodes acting as phase shifters that change the speed of the photons via wave guides, which "behave like optical fibres and channel the photons around the chip," the researchers write.

That should probably read

The Bristol chip generates a photon using a blue laser that is split into two red daughter photons. These photons represent a 2-qubit entangled state (and thus you can make the paths of the photons interfere with each other, which would not be possible if the photons were not entangled).

It's not very well explained at all on the Bristol pages ... >:-(

Did I mention you can get Scoot Aaronson's "Quantum Computing since Democritus" in fine bookstores? BUY IT NOW.

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That earth-shattering NSA crypto-cracking: Have spooks smashed RC4?

Destroy All Monsters
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Re: OMG, the laziness!

Son.

I am disappoint.

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Destroy All Monsters
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Trollface

Re: I hope so

Weak trolling on weak encryption?

Supersized Weak!

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Destroy All Monsters
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Re: ipsec6

No it has to do with massive inertia and the fact some committee made the mistake of thinking that hassle-free backwards compatibility could be left out.

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Destroy All Monsters
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Coat

Plus a lot of the Great Minds are jewish.

We need to recruit them back!

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Destroy All Monsters
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Holmes

Re: re: Why would we have known about it?

@Anonymous Blowhard

I don't know about any of this but the idea that managing "in partnership with unions" is a good idea is readily disproven, at least for some kinds of "partnership". One just has to check what happened to the north american auto industry where the UAW reigns supreme. It's dead. It only exists because the Obama government pumps tax money into it (and then you have the "cash for clunkers" hidden subsidy, which is another effort at splaying Attila of economics). Southern automotive factories are doing well though. Well, at least they did until "Government Motors" came unto the scene. It's hard to fight your own government.

The moment a violent strike occurs, in which "scabs" are being turned away, the hiring of replacement workers is being "discouraged", and the company's capital is held hostage if not degraded, you are in mobster territory.

"Today the UK makes great cars, and in large numbers too, but the companies are all foreign owned"

That is NOT a problem. Ultimately, the ownership must be measured at shareholder level. I guess quite a few investment pools from the UK are holding shares.

Sherlock icon in replacement of a nonagressive shrug.

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Destroy All Monsters
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Hmmm... Hacks

Israel or Turkey:

http://spectrum.ieee.org/telecom/security/the-athens-affair

On 9 March 2005, a 38-year-old Greek electrical engineer named Costas Tsalikidis was found hanged in his Athens loft apartment, an apparent suicide. It would prove to be merely the first public news of a scandal that would roil Greece for months.

The next day, the prime minister of Greece was told that his cellphone was being bugged, as were those of the mayor of Athens and at least 100 other high-ranking dignitaries, including an employee of the U.S. embassy

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Windows 8.1 to freeze out small business apps

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Paris Hilton

Re: Show MS how you feel....

Except that you can install a nice Fedora 19 on Amazon EC2.

So what are you on about?

And please stop the retarded Linux baiting.

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Destroy All Monsters
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Trollface

Re: TIFKAM?

But "Metro or not as they feel like it" does not really roll as easily off the tongue as TIFKAM.

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Destroy All Monsters
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Facepalm

> Who really uses a custom programmed APP?

How was life in the Bundeswehr, mmeier from mmicrosoft?

Welcome to the messy area of civilian apps.

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US intelligence: Snowden's latest leaks 'road map' for adversaries

Destroy All Monsters
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Destroy All Monsters
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Re: Any doubts?

You forget to mention "HITLER" and "WORSE THAN SADDAM" and "THE WORLD AGREES THAT" and also "WORSE THAN HITLER".

OTOH, pluspoints on the "CHILDREN" and the single "WOMAN".

Did I mention "HITLER"?

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Destroy All Monsters
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Big Brother

"He did his job and all he got was pneumonia on a watchtower at Auschwitz"

"Our intelligence community would not be doing its job if we did not try to counter that"

Who gave you that job?

Who defined that job? Did you define that job yourself?

What is it for?

Where is the job description?

Does your paymaster know about you doing this job for him?

Does he approve of being the object of this job?

Is the job worth anything or is it just an ego trip and funride that yields nothing? Evidence says so.

Do you think your job is ethically a bit problematic? If not, why not?

Who pays for your job? Is it future generations? If so, are they okay with that?

Do you truthfully report to your supervisor (not the coloured decider cretin , i mean the "representatives")? If not, why not?

Is your supervisor in full control of his mental faculties? If not, why do you assume you are doing your job correctly?

Do you think your job is putting the nation on a path of hegemonistic ideological control? If not, why not?

Does your head rest uneasily?

What is conscience?

etc. etc.

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The Solar System's second-largest volcano found hiding on Earth

Destroy All Monsters
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Re: So how come...

So this Volcano should be called "The Economy"

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Destroy All Monsters
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Coat

Re: A-ha!

> Second Impact was supposed to be in Antarctica!

Anno just adapted that for more dramatic effect.

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Destroy All Monsters
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A-ha!

Either the lair of Godzilla or the position of Second Impact.

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Headmaster calls cops, tries to dash pupil's uni dreams - over a BLOG

Destroy All Monsters
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Re: excluded

> For example: My wife is a chemist, I'm an engineer, it drives her up the wall when I walk about entropy in communication channels.

Then she needs some training because it's exactly the same thing.

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Destroy All Monsters
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Headmaster

Re: Truth or consequences

> luckily for him, after his school career had finished

I don't see that. He would have been luckier to be thrown out BEFORE his school "career" had finished (the retardation trip is actually called "career"? who knew...)

> If I'd behaved like this towards my previous employer I'd expect them to tell any future employer.

The uni is not his "employer": He is the "customer", you know.

Fracking authoritarians are everywhere.

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Destroy All Monsters
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Re: Anarchist?

I'm okay with that!

F.U., bricks in the walls.

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Crack open those wallets: Microsoft is raising software prices AGAIN

Destroy All Monsters
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The rentseeking of King Ball

> And more logic in the fact that CPUs are getting far more powerful over time...

1) I have already paid for the CPU

2) Why should I pay Microsoft anything for work done by others

3) You could also price-hike because airtravel is getting easier etc.

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Reports: NSA has compromised most internet encryption

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Dat Citation!

http://www.theguardian.com/world/2013/sep/05/nsa-gchq-encryption-codes-security

"Knowledge that GCHQ exploits these products and the scale of our capability would raise public awareness generating unwelcome publicity for us and our political masters."

Yesss, master....

Oh well, time to short cloud providers, then.

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Destroy All Monsters
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Holmes

Re: Such a surprise?

> but I could surely devise one better than our current sorry system.

Please feel free.

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Samsung Galaxy S4 Active: The mobe for CHUCK NORRIS TYPES

Destroy All Monsters
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Re: Eagle IPA?

But San Miguel ain't the worst by far.

Also:

"The last improvement is partly due a different finish than the typical Samsung hyperglaze."

I suddenly thought I was reading Neuromancer again. WTF.

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Tor traffic torrent: It ain't the Syrians, it's the BOTS

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Big Brother

Re: This is a very serious issue

You forgot to mention HITLER and GASSING HIS OWN PEOPLE.

Just like in MUNICH.

And don't HITLER forget the CHILDREN being menaced by GASSING by HITLER!

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Three used cheap deal to lure me into buying expensive slab, chap tells ASA

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Childcatcher

But people like to play the victim. If it's not radioactivity or genetically engineered food or the Koch Brothers, it's the expensive fondleslab.

They then proceed to vote the bandits into office. Go figure.

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Destroy All Monsters
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Re: Why bother?

> And we wonder why people say this country is going to pot.

If you want Pol Pot and socialism, you know where you can find it.

Regulate away. Can't find a job?Get in the dole. Because getting a job is also a matter of regulation.

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Destroy All Monsters
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Headmaster

> it is very annoying, and a waste of your time.

So you lose a few minutes during which you can't watch Desperate Chickens or Games of Thrones.

Big deal.

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Canadian comet impact fingered for triggering prehistoric climate shift

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Devil

Re: So what can we do to attract more comets?

You have to put cunningly made comet fodder imitations into low-earth orbit. That should make them notice.

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Microsoft's $7.1bn Nokia gobble: Why you should expect the unexpected

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Paris Hilton

Re: Engineers might be save, but will they stay?

> Stack Ranking

Some new debugging methodology?

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