Computers speed the financial crisis - interesting viewpoint

Arthur

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Here's an interesting perspective on the financial wobbles, from Ed Stroligo over at overclockers.com, relevant to us computer types:

How responsible is silicon for the current financial crisis?

You may have noticed the world is having a bit of a financial crisis lately. You may have noticed a lot of fingers being pointed in a lot of directions, and pretty much all those fingers are pointing to one legitimate part of the problem. The only big error you can really make at this point is to think that just one practice, or group, is the cause of the problem.

One place where the fingers haven't pointed to too much, yet, are the devices that made it all possible. Computers (and the communications that tie them together) are literally the life support system of today's financial system.

...read on
 
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