Yup. People want to make a buck as fast as they can. But it all
comes to the initial algorithms programmed in. When AI first
played the stocks, I believe it was in '07 or 08 that there was
a very-bad-day that was caused by that very thing happening. It
was fine when only a few mutual fund owners were doing it. But
then when a bunch did it? Algorithms competing against
algorithms? It was a MESS.
But they've gotten better now. The thing is, the whole economic
system is a fiction anyway. No silver to back any of it up. Just
games with numbers that people believe. Exchanges of Trust
between humans. [I will give you these goods by exchanging these
numbers with you. "Ok"]. All a nice fiction.
What's really real is people, skills, stuff, cooperation (or
lack) and coordination (or lack). That's it. All these toys are
toys. Fun though. I like my Internet.
