You can rant the same about the word "typo". They both come from the same thing, human fallibility. And yes, I think it's a crying shame that we, as a society, have become so accustomed and desensitized to writing failures that we don't hold literature to the same standards of quality that we expect from roads and bridges, cars and planes, power infrastructure and water treatment facilities. :)
Testing the software is not enough. It has to be tested in the present of all the other software used in stock trading. Otherwise, anything could happen. Here's an example, and doesn't even involve computers; all actions were automatic and based on local conditions. Results: 30 million people without power for 12 hours.
Authored Comments
You can rant the same about the word "typo". They both come from the same thing, human fallibility. And yes, I think it's a crying shame that we, as a society, have become so accustomed and desensitized to writing failures that we don't hold literature to the same standards of quality that we expect from roads and bridges, cars and planes, power infrastructure and water treatment facilities. :)
Testing the software is not enough. It has to be tested in the present of all the other software used in stock trading. Otherwise, anything could happen. Here's an example, and doesn't even involve computers; all actions were automatic and based on local conditions. Results: 30 million people without power for 12 hours.
http://en.wikipedia.org/wiki/Northeast_blackout_of_1965