From The Atlantic: The underlying problem here is that most software is not very good. Writing good software is hard. There are thousands of opportunities to make mistakes. More importantly, it’s difficult if not impossible to anticipate all the situations that a software program will be faced with, especially when–as was the case for both… Continue reading Software Runs the World: How Scared Should We Be That So Much of It Is So Bad?
Knight Capital: Final Berserk Algo Bill To Knight – $440 Million; Stock Implodes Ten million dollars a minute. And it’s almost certainly the case that the software passed all its tests in the lab.