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Re: Can This Black Box See Into the Future? (Score: 1)
by kurt9 on Tuesday, February 15, 2005 @ 16:48:31 UTC
(User Info | Send a Message) http://www.metatechnica.com
Sometime, when I have free time, I will have to look into availability of "egg" random number generators.

Your point is taken about all traders having access to the same tools. If all traders have "egg" devices that can predict up to, say 4 hours into the future, they would still all be equal as to comparative advantage. However, the equality of advantage certainly did not diminish the popularity of software technical modeling tools and the like. As soon as a new modeling software comes out, all of the traders snap it right up. I know a guy who started a software company in Tokyo in 1991 that made such software. He sold it for $40 million in 1999. If an "egg" device proved useful for trading, you can bet every trader in sight would want to buy one, even if they all had one and the comparative advantage between traders disappeared.

Even if the devices were complety worthless at make market predictions, they would still sell on novelty basis alone: "dude, I can see the future".

BTW, John Cramer, a physicist at U of W, has come up with a novel interpetation of quantum physics that does allow for short-period time travel (up to about an hour or so). His theory is called the transactional Interpetation of quantum physics.


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