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How To Profit From Planetary-Scale Computing

Posted by samzenpus on from the min-maxing dept.

An anonymous reader writes "MIT physicist Alex Wissner-Gross and mathematician Cameron Freer have devised a technique for exploiting geographic location in high-frequency trading, reports FastCompany. From the article: 'We view this work as one of the first serious, credible justifications for covering the planet's surface with computers. [...] We've perhaps identified a new type of natural resources that sovereignties might take advantage of.' Physicist and hedge-fund manager Jean-Philippe Bouchaud says, 'This shows that the technological arms race to extract every penny from high-frequency mechanical arbitrage will soon reach its ultimate limits.'"

4 of 178 comments (clear)

  1. FIRST!!!!! by Anonymous Coward · · Score: 3, Funny

    Due to geographical locality!!!!!

    1. Re:FIRST!!!!! by qmaqdk · · Score: 2, Funny

      How's it like in the /. server room?

      --
      My UID is prime. Hah!
  2. Wow! by Jah-Wren+Ryel · · Score: 3, Funny

    So, just when you thought HFT couldn't get any worse of a rep, now its going to turn our world into a dystopian matrix/terminator/cleopatra2525 place.
    At least there's a chance of hot babes in leather and armored bikinis though! That's gotta count for something.

    --
    When information is power, privacy is freedom.
  3. Accelerando by Guppy · · Score: 2, Funny

    This shows that the technological arms race to extract every penny from high-frequency mechanical arbitrage will soon reach its ultimate limits.

    Not yet, not until the Vile Offspring are born, and consume their parents...