Resource management within virtual infrastructures relies on distributed algorithms, as a result I became more and more interested in the application of computer algorithms in other areas. Today I found an English version of the multiple award winning Dutch documentary which I can finally share with my non-dutch speaking friends. The documentary reviews the flash crash on the U.S. Stock Market on May 6th 2010. In particular it explores the application of black box trading (algo-trading) and how algorithms shaped and formed the architecture of not only of the trade market institutions but also city architectures and human terraforming.
Money & Speed: Inside the Black Box (Marije Meerman, VPRO)
Sit back and be amazed.
Once viewed, view the TED presentation by Kevin Slavin: How algorithms shape our world. Kevin Slavin zooms in some of the algorithms applied in our lives and how it affect us and our surroundings.
Two very interesting videos about how computer algorithms shapes today's world
31 sec read