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Topic: Algorithm appointed board director (Read 412 times)

full member
Activity: 144
Merit: 100
May 18, 2014, 09:19:05 AM
#3
Yes I  read the article & then post it here  Roll Eyes
legendary
Activity: 1120
Merit: 1038
May 18, 2014, 08:37:18 AM
#2
Did you read the article or did you just post it here ?

Quote
"On first sight, it looks like a futuristic idea but on reflection it is really a little bit of publicity hype," said Prof Noel Sharkey of the University of Sheffield.

"A lot of companies use large data search to access what is happening on the market, then the board or trusted workers can decide on the advice.

"With financial markets, algorithms are delegated with decisions. The idea of the algorithm voting is a gimmick. It is not different from the algorithm making a suggestion and the board voting on it."
full member
Activity: 144
Merit: 100
May 18, 2014, 06:32:13 AM
#1
A venture capital firm has appointed a computer algorithm to its board of directors.
http://www.bbc.com/news/technology-27426942
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