23 February 2011

Population 7 Billion

Long, but interesting read from National Geographic.

"And the explosion, though it is slowing, is far from over. Not only are people living longer, but so many women across the world are now in their childbearing years—1.8 billion—that the global population will keep growing for another few decades at least, even though each woman is having fewer children than she would have had a generation ago. By 2050 the total number could reach 10.5 billion, or it could stop at eight billion—the difference is about one child per woman."

Full Article Link
(via National Geographic - H/T M.B.P.)

11 February 2011

Algorithms Take Control of Wall Street

Good/interesting/scary article I read on the plane lastnight...
"Algorithms have become so ingrained in our financial system that the markets could not operate without them. At the most basic level, computers help prospective buyers and sellers of stocks find one another—without the bother of screaming middlemen or their commissions. High-frequency traders, sometimes called flash traders, buy and sell thousands of shares every second, executing deals so quickly, and on such a massive scale, that they can win or lose a fortune if the price of a stock fluctuates by even a few cents. Other algorithms are slower but more sophisticated, analyzing earning statements, stock performance, and newsfeeds to find attractive investments that others may have missed. The result is a system that is more efficient, faster, and smarter than any human."

Full Article Link - Wired Magazine
Wall Street Algorithms Are in Control
(via Wired)