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Automate This: How Algorithms Took Over Our Markets, Our Jobs, and the World

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Automate This: How Algorithms Took Over Our Markets, Our Jobs, and the World Cover

 

Synopses & Reviews

Publisher Comments:

The rousing story of the last gasp of human agency and how today’s best and brightest minds are endeavoring to put an end to it.

It used to be that to diagnose an illness, interpret legal documents, analyze foreign policy, or write a newspaper article you needed a human being with specific skills—and maybe an advanced degree or two. These days, high-level tasks are increasingly being handled by algorithms that can do precise work not only with speed but also with nuance. These “bots” started with human programming and logic, but now their reach extends beyond what their creators ever expected.

 
In this fascinating, frightening book, Christopher Steiner tells the story of how algorithms took over—and shows why the “bot revolution” is about to spill into every aspect of our lives, often silently, without our knowledge.
 
The May 2010 “Flash Crash” exposed Wall Street’s reliance on trading bots to the tune of a 998-point market drop and $1 trillion in vanished market value. But that was just the beginning. In Automate This, we meet bots that are driving cars, penning haiku, and writing music mistaken for Bach’s. They listen in on our customer service calls and figure out what Iran would do in the event of a nuclear standoff. There are algorithms that can pick out the most cohesive crew of astronauts for a space mission or identify the next Jeremy Lin. Some can even ingest statistics from baseball games and spit out pitch-perfect sports journalism indistinguishable from that produced by humans.
 
The interaction of man and machine can make our lives easier. But what will the world look like when algorithms control our hospitals, our roads, our culture, and our national security? What hap­pens to businesses when we automate judgment and eliminate human instinct? And what role will be left for doctors, lawyers, writers, truck drivers, and many others?
 
Who knows—maybe there’s a bot learning to do your job this minute.

Synopsis:

How the rise of computerized decision-making affects every aspect of business and daily life

 

The bot takeover began with high frequency trading on Wall Street, and from there it spread to all manners of high-level tasks—such as diagnosing illnesses or interpreting legal documents. There is no realm of human endeavor safe from algorithms that employ speed, precision and nuance.

 

In this fascinating book, Steiner tells the story of how algorithms took over and shows why the “bot revolution” is about to spill into every aspect of our lives. We meet bots that are driving cars, penning haikus, and writing music mistaken for Bachs. They listen in on customer service calls and figure out what Iran would do in the event of a nuclear standoff. On Wall Street, pre-programmed algorithmic deals are executed by machines faster than any human could—leaving human investors at a severe disadvantage. 

 

But what will the world look like when algorithms control our hospitals, our roads, and our national security? Is a stock market controlled by high-speed trading bots worth investing in? And what role will be left for doctors, lawyers, writers, truck drivers, and many others?

 

About the Author

Christopher Steiner is the cofounder and co-CEO of Aisle50, a Y Combinator start-up offering online grocery deals. An engineer, Steiner was pre­viously a technology staff writer at Forbes and the Chicago Tribune. He is also the author of $20 per Gallon, a national bestseller. He lives in Evanston, Illinois, with his wife, Sarah, and their children.

Product Details

ISBN:
9781591846529
Author:
Steiner, Christopher
Publisher:
Portfolio
Subject:
General Business & Economics
Subject:
Business-Accounting and Finance
Subject:
Computers Reference-Social Aspects
Edition Description:
Paperback / softback
Publication Date:
20130831
Binding:
TRADE PAPER
Grade Level:
from 12
Language:
English
Pages:
256
Dimensions:
8.44 x 5.5 in 1 lb
Age Level:
from 18

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Related Subjects

Business » Accounting and Finance
Business » General
Business » History and Biographies
Business » Investing
Business » Management
Computers and Internet » Computers Reference » Computer Simulation
Computers and Internet » Computers Reference » History and Society
Computers and Internet » Computers Reference » Social Aspects » General
Computers and Internet » Software Engineering » Algorithms
Reference » Science Reference » Technology
Science and Mathematics » Featured Titles in Tech » General
Science and Mathematics » Featured Titles in Tech » New Arrivals
Science and Mathematics » History of Science » Computers

Automate This: How Algorithms Took Over Our Markets, Our Jobs, and the World Used Trade Paper
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Product details 256 pages Portfolio - English 9781591846529 Reviews:
"Synopsis" by ,
How the rise of computerized decision-making affects every aspect of business and daily life

 

The bot takeover began with high frequency trading on Wall Street, and from there it spread to all manners of high-level tasks—such as diagnosing illnesses or interpreting legal documents. There is no realm of human endeavor safe from algorithms that employ speed, precision and nuance.

 

In this fascinating book, Steiner tells the story of how algorithms took over and shows why the “bot revolution” is about to spill into every aspect of our lives. We meet bots that are driving cars, penning haikus, and writing music mistaken for Bachs. They listen in on customer service calls and figure out what Iran would do in the event of a nuclear standoff. On Wall Street, pre-programmed algorithmic deals are executed by machines faster than any human could—leaving human investors at a severe disadvantage. 

 

But what will the world look like when algorithms control our hospitals, our roads, and our national security? Is a stock market controlled by high-speed trading bots worth investing in? And what role will be left for doctors, lawyers, writers, truck drivers, and many others?

 

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