From handshakes to algorithms: how machine-driven hard trust is reshaping business
And they can fail spectacularly, as they did in the Terra/Luna crash of 2022, where the architecture was flawed, or in the flash crash of 6 May 2010, where algorithmic trading briefly erased 9% of the Dow index. Accenture dropped to a penny that day from around $40, before recovering. But while the practical challenges of shifting trust from institutions to algorithms are formidable, the direction is clear.
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