With one false tweet, computer-based hack crash led to real panic

[Panich52]

With one false tweet, computer-based hack crash led to real panic

http://feedproxy.google.com/~r/sciencedaily/strange_science/~3/ZXfiX_RJu7o/150520160141.htm?utm_source=feedburner&utm_medium=email

A false tweet from a hacked account owned by the Associated Press demonstrates the need to better understand how social media data is linked to decision making in the private and public sector, according to new research.

[GeorgeGist]

1. Wall Street is rife with

dumbfucks.

[William Seger]

2. Wall Street has always been a form of gambling

Now we're playing against bots. Perhaps even more disturbing than the fact that this one "crash" was caused by a fake tweet is how fast it happened. Bots are extracting money from the market in less time than it takes us to load a web page to see what's happening.