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Comment Based on what track record (Score 1) 52

It should be considered that this statement applies to a time-frame of the last 10+ years. Until i see robo analysts being capable to navigate through multiple financial or economic crisis i wouldn't entrust my money to an algorithm parsing news and trends. The whole aspect of diversification, risk management, long investment strategy and business valuation is being left out it seems.

Comment Ambient Intelligence is coming (Score 1) 357

The ambient intelligence concept was formalized 30 years ago with visions of it dating back to the 60's. Loosing more and more of our privacy due to the pervasiveness of technology in our daily life (facebook, google etc.) is a good indicator that we're following this vision quite by the book. Ironically one of the reasons why ambient intelligence got bashed as a concept in the past is loss of privacy and control. It seems we're doing it anyways and getting less and less control of the IT we're consuming and using every day (desktop going cloud) is a good indicator that we're right on track.

Comment The black swan (Score 1) 261

By Nassim Taleb. Excellent book touching philosophy & psychology in the context of risk management and our understanding (and misunderstanding) of statistics, esp. in the economic sector, but also applied to everyday life. His writing style is funny but for some readers it might be offensive. Definitely for anyone who's not afraid of having their brain re-wired and who likes to take a look at the world from a different viewpoint.

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