Some say we shouldn't tolerate algorithms influencing our lives but not "adequately" explaining their reasoning. What will happen when these folks realize that market prices almost never adequately explain their levels or changes?
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With facebook newsfeed we can fit whole algorithm roughy into our head. Oh you're optimizing for what people click on. Hey! won't that lead to pushing these things that aren't ideal?! With markets, it's hard to fit whole algorithm into your head. Esp since often emergent and not
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set by a small team of humans with a clear ends based optimization. So much harder to intuit it. And also so large in scope that it's hard to even recognize its impacts. It's the ground we're living on--but we didn't realize it wasn't fixed stable ground
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