Algorithms · August 2013Gaffe level: Blunder
Goldman Sachs's Config Error Fired 16,000 Bogus $1 Orders
A configuration error at Goldman Sachs turned contingent orders into 16,000 live $1 orders, triggering about 1.5 million option-contract executions within minutes.
Source: Marketplace
The Painting Robot That Didn't Steal Anyone's Job.
This painting robot did not replace its human coworkers, it transformed what they could do together. A story about robots that lift people up.
Source: Wired