algorithms---Also
known as algos, or bots,
or APPs, or APIs as they have become known with the advent of the smaller
personal mobile computers (phones), are computer programmes and other types of step
by step instructions (which could be written the old fashioned way as
“formulas” on pieces of paper), to solve mathematical problems, to search for
information, link consumers, send sound waves, text, pictures, transfer funds,
calculate risk (statistics), etc, and some actually make automatic on-line
trades on the global exchanges based on price triggers and newly discovered
information.
Some algos aid in solving problems that take humans quite a while to do within a reasonable amount of time. Some problems involve so much information that the human programmer on board cannot, within a reasonable amount of time, create an algorithm to solve the problem with the computer equipment at hand...Some problems perhaps, and that is a maybe, cannot be solved by either the programmer or by an algorithm running onboard, but only by a combination of both…in a reasonable of amount of time…limited, if at all, by the computer equipment at hand.
Legend has it when complex bodies of information, such as central bank minutes for example, are released to the public, the algos are temporarily shut off by the humans until the information can be digested.
Some algos aid in solving problems that take humans quite a while to do within a reasonable amount of time. Some problems involve so much information that the human programmer on board cannot, within a reasonable amount of time, create an algorithm to solve the problem with the computer equipment at hand...Some problems perhaps, and that is a maybe, cannot be solved by either the programmer or by an algorithm running onboard, but only by a combination of both…in a reasonable of amount of time…limited, if at all, by the computer equipment at hand.
Legend has it when complex bodies of information, such as central bank minutes for example, are released to the public, the algos are temporarily shut off by the humans until the information can be digested.