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RE: When Robots Rule the Markets
Cool story bro. In 2010 it sounds like a triumph of the human trader over the dumb AI to me.
AI is a tool that can be used for good or evil. The moment we start handing over the reigns to AI and shirking our responsibility for what it does is the moment we get into trouble. Use it like a tool and it can be an immense force for good.
There is a lot of FUD being spread about AI. IMHO the most likely (and sensible) use of AI is in very specialised and niche silos of information. So you could have an AI figuring out the weather for instance, and that's all it knows or does. How is this a threat to anyone but the professional guessers at our respective Bureaus of Meteorology?
Reading the other comments here it seems a lot of people don't understand the difference between AI and Robots. You can have one without the other, but if you're going to put an AI into a Robot and let it do whatever it wants then yes, you are asking for trouble.