Hacker Noon November 14, 2019
(NB this is part 2 of my Machine Economics series. Feel free to read Part 1, although this piece can also stand alone)
As internet technology continues it’s unstoppable march from the relatively benign world of information sharing and socialising, and into our more sacred and serious financial matters, the blurring lines between traditional finance and newer financial technology force us to reimagine centuries-old economic concepts in new ways.
One of these unchallenged concepts goes something like this: We humans, as rational investors and economic decision-makers, will remain in the driving seat as shapers of the global economy.
Even if the tools we use continue to get more sophisticated, ultimately they are only tools, and machine automation...
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