August 10, 2001

Robots learn greed is good

Author: JT Smith

The Register: "Wall Street traders have been forced to eat humble pie after computers wiped the floor with them in an experiment.

In a trading simulation which pitted the wits of half a dozen of New York's sharpest operators against six robots, the machines came out clear winners.

By close of trade the machines had made seven per cent more money."


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