News for hackers. Stuff that matters.

A comment on Who to Sue When a Robot Loses Your Fortune. Parent comment

Re:Who to Sue When a Robot Loses Your Fortune by IceWreck on Tuesday May 07, 2019 @12:14PM (#19850845)
Why? The software did it was supposed to do. It doesn't guarantee profits. There's a risk involved.

If anyone should be sued, its Costa (Captain Magic/con-artist/salesperson/whatever) who, if what the investor claims is true, greatly oversold the capabilities of the software.

And even then there might not be a strong case against him.

[ Parent | on HN ]
Re:Who to Sue When a Robot Loses Your Fortune by ErikVandeWater on Tuesday May 07, 2019 @12:23PM (#19850931)
The only thing that matters is what's in the contract. It doesn't matter if Costa said it worked using gnomes living inside the computer.
[ Parent | on HN ]
Re:Who to Sue When a Robot Loses Your Fortune by IceWreck on Tuesday May 07, 2019 @12:30PM (#19850994)
There's no way the T&C doesn't have a clause about the creators not being responsible for the trading bot's actions.
[ Parent | on HN ]
Re:Who to Sue When a Robot Loses Your Fortune by diminoten on Tuesday May 07, 2019 @01:50PM (#19851747)
The real article should have been, "Is the liability limitation clause enough?"
[ Parent | on HN ]
Re:Who to Sue When a Robot Loses Your Fortune by wbl on Tuesday May 07, 2019 @11:02PM (#19855557)
Yes it does. That's a material misrepresentation and hence fruad.
[ Parent | on HN ]