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"Contrary to recent reports in the media, BT's Content Connect service will not create a two-tier internet, but will simply offer service providers the option of differentiating their broadband offering through enhanced content delivery,"
Or in other words:
"Contrary to recent reports in the media, BT's Content Connect service will not create a two-tier internet, but will simply [add a second tier of] content delivery,"
2) Wow, that was easy.
3) By the way... We have less stuff now. But we have more wildlife. It was a tradeoff, but I'd support making it.
I like taxes. I think they provide important services. I think you've assumed I'm a laize-faire capitalist.
I think we're making different assumptions about the actual trades made. I'm assuming they bought stocks from this computer in a funny pattern that no human would react to. Because it was an algorithmic computer, it reacted in a way no human would. It seems like you're assuming they used sheer volume to inflate and deflate stock value in such a way that humans were also in danger of getting scammed.
The original article didn't specify, so we're just making up shit about what actually happened in our minds (unless you have seen other articles on this in which case I'd be genuinely interested to see them).
My feeling on computers in the stock market is that they're already class action market manipulating scammers. I think they provide little benefit except to siphon profit away from legitimate investors. I think as scammers they should not be protected from getting scammed themselves, especially, if it's s scam only the computers are falling for.
When you convince the computer that the stock is worth $5.00, you are not telling a lie. All you are doing is buying in a funny pattern. This computer then buys without doing proper research on the stock. This is pure speculation and it backfires here because someone realized the computer wasn't making an intelligent choice.
If you have a computer that buys and sells based purely on market patterns and other transactions, it is absolutely fair game to dupe the computer. Would you ever buy stock because it had gone up, and then sue someone who sold their shares thus lowering the price?
What happened here was they started buying stock in such a way that the computer thought it must be worth something. They then sold it to the computer for what the computer thought it was worth. Again. And again. And again.
That is how the stock market works. It's all perceptions of value and frankly if a computer is not smart enough to evaluate that it's getting shilled by someone, that's too bad for the person who trusted the computer with their wallet.