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A comment on GameStop Is Rage Against the Financial Machine. Parent comment

Re:GameStop Is Rage Against the Financial Machine by cratermoon on Wednesday January 27, 2021 @08:48PM (#25937064)
You'd think that, but even simple algorithms exhibit complex emergent behavior when exposed to the real world.

How A Book About Flies Came To Be Priced $24 Million On Amazon: https://www.wired.com/2011/04/amazon-flies-24-million/

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Re:GameStop Is Rage Against the Financial Machine by corin_ on Thursday January 28, 2021 @02:29AM (#25939170)
It's not that they're literally irrelevant as in have no effects; they're just irrelevant in the thinking of who you're trading with - no matter how complex the algorithm it's still buying or selling on behalf of a person or company.
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Re:GameStop Is Rage Against the Financial Machine by cratermoon on Thursday January 28, 2021 @11:13AM (#25944134)
> buying or selling on behalf of a person or company

Again, that's what you'd think and it's technically true that you can know who is running what system, but the systems are too complex to say they are really working on behalf of anything except the rules of min/maxing.

How do you explain bidding the price of a textbook up to millions of dollars is "working on behalf" of anyone?

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