Automate This: How Algorithms Took Over Our Markets, Our Jobs, and the World

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Penguin, Aug 30, 2012 - Computers - 256 pages
7 Reviews
The rousing story of the last gasp of human agency and how today’s best and brightest minds are endeavoring to put an end to it.


It used to be that to diagnose an illness, interpret legal documents, analyze foreign policy, or write a newspaper article you needed a human being with specific skills—and maybe an advanced degree or two. These days, high-level tasks are increasingly being handled by algorithms that can do precise work not only with speed but also with nuance. These “bots” started with human programming and logic, but now their reach extends beyond what their creators ever expected.

In this fascinating, frightening book, Christopher Steiner tells the story of how algorithms took over—and shows why the “bot revolution” is about to spill into every aspect of our lives, often silently, without our knowledge.

The May 2010 “Flash Crash” exposed Wall Street’s reliance on trading bots to the tune of a 998-point market drop and $1 trillion in vanished market value. But that was just the beginning. In Automate This, we meet bots that are driving cars, penning haiku, and writing music mistaken for Bach’s. They listen in on our customer service calls and figure out what Iran would do in the event of a nuclear standoff. There are algorithms that can pick out the most cohesive crew of astronauts for a space mission or identify the next Jeremy Lin. Some can even ingest statistics from baseball games and spit out pitch-perfect sports journalism indistinguishable from that produced by humans.

The interaction of man and machine can make our lives easier. But what will the world look like when algorithms control our hospitals, our roads, our culture, and our national security? What hap­pens to businesses when we automate judgment and eliminate human instinct? And what role will be left for doctors, lawyers, writers, truck drivers, and many others?

Who knows—maybe there’s a bot learning to do your job this minute.
 

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LibraryThing Review

User Review  - nnschiller - LibraryThing

This is an enjoyable read about algorithms. (Pause to allow that sentence to settle.) Another Goodreds reviewer wrote that it is "more an extended magazine article than a book" and I think that ... Read full review

AUTOMATE THIS: How Algorithms Came to Rule Our World

User Review  - Jane Doe - Kirkus

A look at the rise of algorithms and how they can be found in nearly every aspect of modern life.An algorithm, writes engineer Steiner ($20 Per Gallon: How the Inevitable Rise in the Price of Gasoline ... Read full review

Contents

INTRODUCTION
6
WALL STREET THE FIRST DOMINO
THE BOT TOP 40
THE SECRET HIGHWAYS OF BOTS
GAMING THE SYSTEM
5
5
WALL STREET VERSUS SILICON VALLEY
THE FUTURE BELONGS TO THE ALGORITHMS AND THEIR
Copyright

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About the author (2012)

Christopher Steiner is the cofounder and co-CEO of Aisle50, a Y Combinator start-up offering online grocery deals. An engineer, Steiner was pre­viously a technology staff writer at Forbes and the Chicago Tribune. He is also the author of $20 per Gallon, a national bestseller. He lives in Evanston, Illinois, with his wife, Sarah, and their children.

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