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In this story, a man was day trading oil. On that day, the price went negative but his desktop software could not display a price lower than $0.01, so he lost millions.
https://www.bloomberg.com/news/arti...puters-and-inflicted-huge-losses?srnd=premium
How is this like Y2K? Just that it is a fault in the handling and display of quantitative values. I'm confident that the future will expose still more ways to get caught in this trap.
It is remarkable that with our great technology, we have not found a foolproof way of eliminating analogous problems in the future. A method to display quantitative values that can not be misinterpreted or mishandled.
https://www.bloomberg.com/news/arti...puters-and-inflicted-huge-losses?srnd=premium
How is this like Y2K? Just that it is a fault in the handling and display of quantitative values. I'm confident that the future will expose still more ways to get caught in this trap.
It is remarkable that with our great technology, we have not found a foolproof way of eliminating analogous problems in the future. A method to display quantitative values that can not be misinterpreted or mishandled.