November 26, 2006

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Ray Kurzweil is starting a hedge fund that will use powerful computers to analyze and predict market movements. He's apparently unaware that this business has matured to the point that people are retiring and writing memoirs about their decades doing exactly that. He might do well (I don't know; if the article describes what's obviously a genetic algorithm and then has to define genetic algorithms in the next paragraph, it's obviously not written for the cognoscenti), but this isn't the revolution the Times' reporter wants it to be.

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