Ontology highlight
ABSTRACT:
SUBMITTER: Johnson N
PROVIDER: S-EPMC3769652 | biostudies-literature | 2013
REPOSITORIES: biostudies-literature
Johnson Neil N Zhao Guannan G Hunsader Eric E Qi Hong H Johnson Nicholas N Meng Jing J Tivnan Brian B
Scientific reports 20130101
Society's techno-social systems are becoming ever faster and more computer-orientated. However, far from simply generating faster versions of existing behaviour, we show that this speed-up can generate a new behavioural regime as humans lose the ability to intervene in real time. Analyzing millisecond-scale data for the world's largest and most powerful techno-social system, the global financial market, we uncover an abrupt transition to a new all-machine phase characterized by large numbers of ...[more]