How To Profit From Planetary-Scale Computing

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.'"

Comments

Why the snow

[OzPeter]

FFS why does every article that mentions Siberia always have a picture of snow? I lived there for 6 months and sure, in Winter it was -40 at night, but in the middle of Summer it was almost +40 celsius. It probably pisses me off almost as much as when people use a backwards facing latin R in order to be cutesy when writing English words in a pseudo Russian manner.

Or the fact that every story that mentions Penguins also has to show icebergs,

/rant

Yeah go on, mod me as an off-topic troll, but it doesn't change all the overused, bad and incorrect stereotypes

Re:Why the snow

[icebraining]

Also, it shows they haven't read Miguel Strogoff, one of the best Julio Verne's books.

Re:Why the snow

[TheLink]

I heard Siberia has two seasons. Snow and Mosquitoes.

Snow is more photogenic :).