Sunday, July 24, 2011

Algorithms shape the world

Recently I had an inspiring view of a video by Kevin Slavin..

Kevin Slavin is one of the founders of areaCode.. A gaming company which produces games based on numbers.

In a recent TED talk..... He said that "We are now writing algorithms without even having a clear understanding of the consequences"

Today we have algorithms control everything in our life.

Stock Markets , Financial Data , even the choice of our films (Netflix , an online DVD rental company uses Pragmatic Chaos algorithm to determine what kind of movie the viewer would like to watch next) and many more information is being run by clever algorithms. The catch is that now there are several algorithms on work and as well as they have increasing complexity. They sometimes contradict each other and result in catastrophe.

Like the FLASH CRASH of 2:45 in which the 9% of the financial data of the American Stock Market disappears and nobody knows to this day where the data is. Result of a disastrous algorithm clash.



A quantifying algorithm called STORY ALGORITHM has the ability to determine what is the valuation of your story if you are interested to convert it into a movie. Any Hollywood film director would want to put in his/her story and find out whether it is a $ 30 million or a $ 200 million movie. An algorithm which has the ability to bring out algorithmically our culture.  To determine our tastes and to evaluate a story on the basis of a concept  as subtle as a culture.

I wont write much here. All of the above things I wrote were to give you a boost to look into the video. I have provided with the link of the video :


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