131
you are viewing a single comment's thread
view the rest of the comments
view the rest of the comments
this post was submitted on 15 Feb 2024
131 points (99.2% liked)
Technology
59454 readers
2778 users here now
This is a most excellent place for technology news and articles.
Our Rules
- Follow the lemmy.world rules.
- Only tech related content.
- Be excellent to each another!
- Mod approved content bots can post up to 10 articles per day.
- Threads asking for personal tech support may be deleted.
- Politics threads may be removed.
- No memes allowed as posts, OK to post as comments.
- Only approved bots from the list below, to ask if your bot can be added please contact us.
- Check for duplicates before posting, duplicates may be removed
Approved Bots
founded 1 year ago
MODERATORS
In the trailing off part of the article,
"Many stock trades are done by computers, reacting in fractions of seconds to new information. The inflated margin likely triggered a buying frenzy before most people could digest the numbers."
Which, if true in this case, is even more funny to think about. Not only does the share values not reflect actually company value, but that value isn't even what a person thinks it is.
I'm reminded of the helpless employee who says "The computer won't let me do it." The enigma of the computer that is off doing it's own thing.
Some dolt told me that in hospital billing one time. I had two different insurances that said they’d pay. They failed to charge me. They were giving me 30 days before sending it to collections. I have them the insurance numbers twice. I called on day 27 and asked what are you guys doing? The guy said “the computer is going to send it to collections in a few days… it won’t let me do anything!” as if that makes any sense.
So often at work it's like I'm fighting our computers
I work in the freight industry, I shouldn't have to fight with our software for it to tell me where a pallet is
"Computer says no".