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Algos everywhere - future opportunities and risks



Event Date 22 May 2012 (Tue), 03:00 PM - 04:30 PM
Venue Lecture Room 4, Level 3, Nanyang Executive Centre, 60 Nanyang View, S(639673) (Location Map)
Organiser Complexity Program (Email : chunghk@ntu.edu.sg )


Event Info
Speaker : Mr Michael Reilly, Senior Researcher – Foresight, Government Office for Science in UK
Title : Algos everywhere - future opportunities and risks
Abstract
An algorithm is a well-defined problem-solving process. This seeming simplicity belies an ever expanding number and variety of real-world algo applications including computer-based trading in financial markets, logistic optimisation, cryptography, business analytics, preventative medicine, online dating, and large-scale surveillance. Some experts argue that algorithms are a general purpose technology that will revolutionise our lives. But there may be downside risks to the ubiquity of algos and policies on their use are not evolving at the same rate as their development. This seminar will explore some of the opportunities and the risks of a world where algos are everywhere.
About Mr Michael Reilly
Michael Reilly is a Senior Researcher who works with the Foresight unit in the UK Government Office for Science to think systematically about the future. He has been involved in projects exploring global environmental migration, computer trading in financial markets, and most recently, the future of manufacturing. His analysis of food system scenarios and modelling was published by the Royal Society in the UK. 'Algos everywhere' is his current research project.  


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