The coming war against the bots
Bots are taking over the internet. Bots are taking over crypto. Bots are moving and manipulating the crypto markets and we are their tools, their puppets, their enablers.
Am I serious? Am I joking?
Half half.
Bots certainly have the potential to massively influence small markets - like the markets on coinmarketcap.com mapping in real time the struggle of new altcoins as they try to rise above the pack (merit has no place here).
There are some great altcoins at the moment suffering huge swings in their market cap as bots make hay with human emotions and they coldly take profits for their human (one presumes) masters.
Is this inevitable? Seemingly.
Is it sustainable? Probably - it's just the free market in fast forward and loaded up on crack. Nothing we haven't seen before, just a bit more intense.
Is it tenable? We will see.
But what are the alternatives? To wage war against bots and their human (we presume) masters?
I don't think any of us are there yet. And a good thing to. How, even?
And yet, the crypto markets are the ultimate expression of cross-border, unrestrained free markets.
And people are losing against the remorseless cold hard logic of bots as they manipulate human emotions for profit.
Is this what people mean when they refer to the wisdom of the market?
Maybe it's not a question of waging war on bots.
Maybe it's a question of bots waging war on us.
Picture courtesy of pixabay.com and memed up by @drwom
I was thinking just last night that we seem to get the hang of how this works and then it all changes and all it takes is a smart person or people to come up with another bot and the rules all change again. Great topic @drwom!
Thanks Zombie
Scary Mary!
Interesting for sure, we are seeing it now for sure. Good and bad probabilities exist. Keep it positive and resist and insist on better days ahead. Be well fellow human 👍🙄 @drwom
Thanks mate
Good words, and appreciated
Surely the war on bots can be easily overcome in forums like steemit, if there was 'the will' to do so.
Making a 'capthca' type thing necessary to post, or upvote?
While cumbersome, it would virtually eliminate the problem.
I would prefer a cumbersome, human platform, rather than a 'bot' one for sure ( as would all the real content writers, I am pretty sure)
Typing in a few letters manually is a price well worth paying..
We cant compete with automation and computing algorithms, on 'their' terms.
And why try, more to the point? It's a game you cant win.
We have to think 'non efficient'.
We can by making it human.
'They' cant compete with that...it just takes a little 'human effort', and the strengths of speed/efficiency, are nullified..
It's good to be back on steemit! Missed chatting to you.
Quote of the year:
We have to think 'non efficient'.
Thanks mate - good to hear from you too. I appreciate your thinking. And yes the captcha(?) thing!
How indeed? Whether they wage war on us or we on them, its war nonetheless. Interesting perspective..What can we do?? Im in, just not sure what the strategy is
Yep.
I think @lucylin above has some good thoughts on strategy 🙂
And we can always write!
I thought this was going to be about the steemit upvote bots and bernie sanders but it's about the skynet bots instead. I'm not sure which is a bigger threat right now. 🤔
I know right?
bots era are coming xD
Hahaha
Noooooooo!
Bots will make us all very very lazy. Just look at what industrial machines, did to man physical strenght thats what bots will do our cognitive sense.
Bots have taken over wall street, So it's quite likely for them to take over the crypto marketplace.
Thats why there is so much pump and dumb without any real search for value, so crypto mainstream use is already strangled by bots. Wall street was built on the backsweat of man and its still strong after 150yrs
Yep..
Yep, that's possible...
great topic
Cheers!
I think this trend will develop further. Still, it's a logical application of advanced technology. Bots will get smarter, will use increasingly in other areas. In some sense, that's fine- it is automation of human tasks. Another question is how people use them.
I know it's complicated - and I am being a bit superficial in the above. And yet... this is going to become a huge problem in my opinion
This post has received a 31.58 % upvote from @booster thanks to: @drwom, @drwom.