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Re: Can This Black Box See Into the Future? (Score: 1)
by mlmitton on Monday, February 14, 2005 @ 17:27:08 UTC
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I don't know how to make an egg, but when this showed up on Slashdot on Saturday, there was a poster in there who said he was involved with true random number generators, and it sounded like there are companies that sell these things. I imagine you can just buy them.

But, taking everything from the Global Consciousness project as fact, I still don't see how this makes any money? How would you use it to know what the market is going to do?

Also, even if it did allow you to see into the future for what the securities market would do, you could only make money on that fact if you were the only one who knew about this. If people generally know there's going to be a terrorist attack in 4 hours that will send the markets reeling, then the markets start reeling 4 hours *before* the terrorist attack takes place. You lose your window to make any money.

When people find out I'm an economist, they nearly always ask "What's the stock market going to do?" I answer, "I don't know, but if I did, I certainly wouldn't tell you."


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