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From: Maciej Sobczak <see.my.homepage@gmail.com>
Subject: Re: A new name for software failure : the glitch
Date: Sat, 4 Aug 2012 12:58:01 -0700 (PDT)
Date: 2012-08-04T12:58:01-07:00	[thread overview]
Message-ID: <87cbd479-ccb4-4253-9afd-187a1469353b@googlegroups.com> (raw)
In-Reply-To: <2bd4ae1c-c8c7-4553-9f7f-9b6915b30c33@googlegroups.com>

W dniu sobota, 4 sierpnia 2012 20:18:21 UTC+2 użytkownik (Nieznane) napisał:

> In finance, software failure can be very expensive very fast.

Interestingly, this can also mean that there is something fundamentally broken with the way we do "finance" today. If you have a broken structure, then a genuine glitch in one place can turn the whole into dust. It's still a glitch and the actual problem is in the structure - the glitch can be merely a trigger for the collapse and the same glitch could be much less catastrophic if it happens in a structure that is in overall more resilient.

Note: I'm not trying to justify poor-quality software. I just think that this particular case shows that the problem of responsibility is more complex and cannot be reasoned about by just looking at a single piece of the puzzle - it is a *system* problem. The structure of "finance" today is just a shit waiting to hit the fan and the responsibility for this state is certainly not on the software side alone.

(Now ducking away to write my trading algos in Ada. ;-) )

-- 
Maciej Sobczak * http://www.msobczak.com * http://www.inspirel.com



  reply	other threads:[~2012-08-04 19:59 UTC|newest]

Thread overview: 14+ messages / expand[flat|nested]  mbox.gz  Atom feed  top
2012-08-04 18:18 A new name for software failure : the glitch francois_fabien
2012-08-04 19:58 ` Maciej Sobczak [this message]
2012-08-04 21:38   ` F. Fabien
2012-08-05  7:41   ` Dmitry A. Kazakov
2012-08-05 10:58     ` Georg Bauhaus
2012-08-05 12:45       ` Britt
2012-08-10 12:42 ` Nasser M. Abbasi
2012-08-10 13:56   ` Georg Bauhaus
2012-08-10 14:16     ` Nasser M. Abbasi
2012-08-10 16:14       ` Georg Bauhaus
2012-08-11 23:19     ` Yannick Duchêne (Hibou57)
2012-08-11  0:30   ` Randy Brukardt
2012-08-11 19:22   ` Florian Weimer
2012-08-11 21:25     ` jpwoodruff
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