
Automate This
How Algorithms Took Over Our Markets, Our Jobs, and the World
Portfolio (Publisher)
Published on 27. August 2013
Book
Paperback/Softback
256 pages
978-1-59184-652-9 (ISBN)
Description
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 Bach's. 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?
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 Bach's. 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?
More details
Language
English
Place of publication
New York
United States
Publishing group
Penguin Putnam Inc
Dimensions
Height: 214 mm
Width: 140 mm
Thickness: 15 mm
Weight
365 gr
ISBN-13
978-1-59184-652-9 (9781591846529)
Copyright in bibliographic data and cover images is held by Nielsen Book Services Limited or by the publishers or by their respective licensors: all rights reserved.
Schweitzer Classification
Other editions
Additional editions

E-Book
08/2012
Portfolio
€5.49
Available for download
Person
Chris Steiner is the author of $20 Per Gallon, a New York Times bestseller. His writing has appeared in Forbes, the Chicago Tribune, the Wall Street Journal, Fast Company, and more. He holds an engineering degree from the University of Illinois at Urbana-Champaign and a masters in journalism from Northwestern University. Steiner lives in Evanston, Illinois, with his family.
Prologue