Institute for Ethics and Emerging Technologies






The IEET is a 501(c)3 non-profit, tax-exempt organization registered in the State of Connecticut in the United States. Please give as you are able, and help support our work for a brighter future.


Search the IEET
Subscribe and Contribute to:


Technoprogressive? BioConservative? Huh?
Quick overview of biopolitical points of view




whats new at ieet

Technology Made Us Human

ETER9: The Social Network That Turns Your Personality Into an Immortal Artificial Intelligence

Would AI and Aliens be Moral in a Godless Universe?

Transhumanist Therapy IV: The Current Crisis in Psychiatry

Practopoiesis Tells Us Machine Learning Isn’t Enough

Ensuring Human Control Over Military Robotics


ieet books

The End of the Beginning: Life, Society and Economy on the Brink of the Singularity
Author
Ben Goertzel


comments

Valkyrie Ice on 'Transhumanism will be a Victorious Revolution (my modest predictions)' (Aug 28, 2015)

Laurence Hitterdale on 'Do Extraterrestials Philosophize?' (Aug 28, 2015)

Gear0Mentation on 'Transhumanism will be a Victorious Revolution (my modest predictions)' (Aug 28, 2015)

Valkyrie Ice on 'Transhumanism will be a Victorious Revolution (my modest predictions)' (Aug 27, 2015)

Gear0Mentation on 'Transhumanism will be a Victorious Revolution (my modest predictions)' (Aug 27, 2015)

Giulio Prisco on 'Network Economies: Economic System as a Configurable Parameter' (Aug 27, 2015)

rms on 'Network Economies: Economic System as a Configurable Parameter' (Aug 27, 2015)







Subscribe to IEET News Lists

Daily News Feed

Longevity Dividend List

Catastrophic Risks List

Biopolitics of Popular Culture List

Technoprogressive List

Trans-Spirit List



JET

Enframing the Flesh: Heidegger, Transhumanism, and the Body as “Standing Reserve”

Moral Enhancement and Political Realism

Intelligent Technologies and Lost Life

Hottest Articles of the Last Month


8 Craziest Mega-Engineering Projects We Could Use to Rework the Earth
Aug 13, 2015
(5759) Hits
(0) Comments

The Social Fabric of a Technically Advanced Society
Aug 1, 2015
(5496) Hits
(3) Comments

Free Will, Buddhism, and Mindfulness Meditation - interview with Terry Hyland
Aug 8, 2015
(5430) Hits
(0) Comments

Starting from Scratch: The Basic Building Blocks of AI
Aug 23, 2015
(5215) Hits
(0) Comments



IEET > Security > Cyber > Military > Rights > Economic > Fellows > Jamais Cascio

Print Email permalink (0) Comments (3665) Hits •  subscribe Share on facebook Stumble This submit to reddit submit to digg


Autonomy Without Intelligence?


Jamais Cascio
By Jamais Cascio
Fast Company

Posted: Aug 1, 2009

Competition requires speed. Wisdom requires patience. In a hyper-computerized world, which one wins?

In his latest column at Fast Company, IEET Senior Fellow Jamais Cascio writes:

“High-frequency trading” (HFT) has gone from a financial industry dark art to newspaper and blog headline-fodder over the last few days, and for good reason. The practice, which relies on networked computers to execute billions of micro-scale transactions in order to sniff out prices and beat out slower traders, has all of the earmarks of a Very Bad Thing, indeed: exploitation of pre-computerized trading rules; possible out-and-out illegal activity (“front-running”); and systems operating too fast for any human to oversee, let alone counter. . .

HFT systems were designed to operate in an environment where even the lowliest day-traders had access to powerful computers and high-bandwidth connections. That is, the competition for HFT isn’t just the human making buy and sell decisions, but the computerized system augmenting that trader: popping up alerts, executing buy and sell orders based on pre-arranged triggers, and gradually reducing the number of decisions the human operating needs to make over the course of a trading session. It’s an arms race, of sorts, and one that wasn’t anywhere near ending. . .

So here’s where the parallel to military systems becomes clear. Right now, the tactical awareness and decision-making used by military robots and computers operates, by and large, at human speeds. It may seem like a split-second decision has to be made when a Reaper identifies a potential target and transmits that data via satellite to controllers in the US, who then have to decide whether or not to pull the trigger, but from a computer’s point of view, that decision-making period—perhaps taking as much as a minute—means millions of cycles of just doing nothing, waiting for the human minds to act. . .

READ THE REST


Jamais Cascio is a Senior Fellow of the IEET, and a professional futurist. He writes the popular blog Open the Future.
Print Email permalink (0) Comments (3666) Hits •  subscribe Share on facebook Stumble This submit to reddit submit to digg


COMMENTS


YOUR COMMENT (IEET's comment policy)

Login or Register to post a comment.

Next entry: Who, us worry?

Previous entry: Converging Emerging Technology Ethics

HOME | ABOUT | FELLOWS | STAFF | EVENTS | SUPPORT  | CONTACT US
SECURING THE FUTURE | LONGER HEALTHIER LIFE | RIGHTS OF THE PERSON | ENVISIONING THE FUTURE
CYBORG BUDDHA PROJECT | AFRICAN FUTURES PROJECT | JOURNAL OF EVOLUTION AND TECHNOLOGY

RSSIEET Blog | email list | newsletter |
The IEET is a 501(c)3 non-profit, tax-exempt organization registered in the State of Connecticut in the United States.

Contact: Executive Director, Dr. James J. Hughes,
56 Daleville School Rd., Willington CT 06279 USA 
Email: director @ ieet.org     phone: 860-297-2376