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26 books match the query 'Algorithms'

cover of Algorithmic Worldmaking: The Rhetorical Craft of Networked Order

Algorithmic Worldmaking

The Rhetorical Craft of Networked Order

Jeremy David Johnson

University of Alabama Press, 2025

Illuminates how algorithms, intertwined with human biases, damage political discourse and civic engagement.

Algorithmic Worldmaking is an urgent exploration of the dynamic relationship between algorithms that encode their human creators’ assumptions and the humans whose choices are shaped by these algorithms in search engines, social media, and other digital spaces. Transcending discussions of one or the other, Jeremy David Johnson traces the corrupting political and social influences that arise from their mutual interaction.

Johnson uses the concept of kosmos in its sense of a dynamic order to frame the interplay between algorithms, humans, and their environments. He first shows how algorithms, far from being objective or unbiased, perpetuate human errors. Johnson then suggests a framework of four parts—navigation, exploration, maintenance, and monetization—to map the variety of political consequences to a society influenced by these four factors.

Citing controversies at major platforms such as Google, YouTube, and Facebook, Johnson demonstrates how algorithms limit and shape human thought. He makes several persuasive arguments. First, algorithms and humans share agency but humans have exceptional responsibility. Second, the algorithmic kosmos mirrors and shapes social oppression. Third, algorithms incentivize capitalist exploitation. Last, these influences damage democratic deliberation.

This landmark study is essential for scholars and students of political science, media studies, and those interested in the perilous implications of algorithmic systems on civic and political life.

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cover of Algorithms and Numerical Techniques for Modern Antenna Measurements in MATLAB®

Algorithms and Numerical Techniques for Modern Antenna Measurements in MATLAB®

Stuart Gregson

The Institution of Engineering and Technology, 2026

Algorithms and Numerical Techniques for Modern Antenna Measurements in MATLAB® is a landmark resource that brings clarity, transparency, and practical utility to one of the most complex and rapidly evolving areas of modern RF engineering. Written by recognised experts Stuart Gregson and Marc Dirix, this book bridges the critical gap between classical electromagnetic theory, antenna metrology, and the computational techniques that underpin today's industrial and research-grade measurement systems.
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cover of Algorithms of Education: How Datafication and Artificial Intelligence Shape Policy

Algorithms of Education

How Datafication and Artificial Intelligence Shape Policy

Kalervo N. Gulson

University of Minnesota Press, 2022

A critique of what lies behind the use of data in contemporary education policy 
 

While the science fiction tales of artificial intelligence eclipsing humanity are still very much fantasies, in Algorithms of Education the authors tell real stories of how algorithms and machines are transforming education governance, providing a fascinating discussion and critique of data and its role in education policy.

Algorithms of Education explores how, for policy makers, today’s ever-growing amount of data creates the illusion of greater control over the educational futures of students and the work of school leaders and teachers. In fact, the increased datafication of education, the authors argue, offers less and less control, as algorithms and artificial intelligence further abstract the educational experience and distance policy makers from teaching and learning. Focusing on the changing conditions for education policy and governance, Algorithms of Education proposes that schools and governments are increasingly turning to “synthetic governance”—a governance where what is human and machine becomes less clear—as a strategy for optimizing education.

Exploring case studies of data infrastructures, facial recognition, and the growing use of data science in education, Algorithms of Education draws on a wide variety of fields—from critical theory and media studies to science and technology studies and education policy studies—mapping the political and methodological directions for engaging with datafication and artificial intelligence in education governance. According to the authors, we must go beyond the debates that separate humans and machines in order to develop new strategies for, and a new politics of, education.

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cover of Archaeology of Algorithmic Artefacts

Archaeology of Algorithmic Artefacts

David Link

University of Minnesota Press, 2016

As historical processes increasingly become steeped in technology, it becomes more necessary for a discipline to emerge that is capable of comprehending these materialities to better understand the fields they inundate such as science, art, and warfare. This effort is further compromised by the inherent complexity and complete arbitrariness of technical languages—especially when they are algorithmic—along with the rapid pace in which they become obsolete, unintelligible, or simply forgotten. The Turing Machine plays a central role in the Archaeology of Algorithmic Artefacts, wherein the gradual developments of the individual components encompassed by this complex technology are placed within the context of engineering sciences and the history of inventions. This genealogy also traces the origin of the computer in mathematics, meta-mathematics, combinatorics, cryptology, philosophy, and physics. The investigations reveal that the history of apparatuses that process signs is in no way limited to the second half of the twentieth century; rather, it is possible they existed at all times and in all cultures.


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cover of Big Data Recommender Systems: Algorithms, Architectures, Big Data, Security and Trust, Volume 1

Big Data Recommender Systems

Algorithms, Architectures, Big Data, Security and Trust, Volume 1

Osman Khalid

The Institution of Engineering and Technology, 2019

First designed to generate personalized recommendations to users in the 90s, recommender systems apply knowledge discovery techniques to users’ data to suggest information, products, and services that best match their preferences. In recent decades, we have seen an exponential increase in the volumes of data, which has introduced many new challenges.
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cover of Cloud Ethics: Algorithms and the Attributes of Ourselves and Others

Cloud Ethics

Algorithms and the Attributes of Ourselves and Others

Louise Amoore

Duke University Press, 2020

In Cloud Ethics Louise Amoore examines how machine learning algorithms are transforming the ethics and politics of contemporary society. Conceptualizing algorithms as ethicopolitical entities that are entangled with the data attributes of people, Amoore outlines how algorithms give incomplete accounts of themselves, learn through relationships with human practices, and exist in the world in ways that exceed their source code. In these ways, algorithms and their relations to people cannot be understood by simply examining their code, nor can ethics be encoded into algorithms. Instead, Amoore locates the ethical responsibility of algorithms in the conditions of partiality and opacity that haunt both human and algorithmic decisions. To this end, she proposes what she calls cloud ethics—an approach to holding algorithms accountable by engaging with the social and technical conditions under which they emerge and operate.
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cover of Computing Taste: Algorithms and the Makers of Music Recommendation

Computing Taste

Algorithms and the Makers of Music Recommendation

Nick Seaver

University of Chicago Press, 2022

Meet the people who design the algorithms that capture our musical tastes.
 
The people who make music recommender systems have lofty goals: they want to broaden listeners’ horizons and help obscure musicians find audiences, taking advantage of the enormous catalogs offered by companies like Spotify, Apple Music, and Pandora. But for their critics, recommender systems seem to embody all the potential harms of algorithms: they flatten culture into numbers, they normalize ever-broadening data collection, and they profile their users for commercial ends. Drawing on years of ethnographic fieldwork, anthropologist Nick Seaver describes how the makers of music recommendation navigate these tensions: how product managers understand their relationship with the users they want to help and to capture; how scientists conceive of listening itself as a kind of data processing; and how engineers imagine the geography of the world of music as a space they care for and control.
 
Computing Taste rehumanizes the algorithmic systems that shape our world, drawing attention to the people who build and maintain them. In this vividly theorized book, Seaver brings the thinking of programmers into conversation with the discipline of anthropology, opening up the cultural world of computation in a wide-ranging exploration that travels from cosmology to calculation, myth to machine learning, and captivation to care.
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cover of Data Fusion in Wireless Sensor Networks: A statistical signal processing perspective

Data Fusion in Wireless Sensor Networks

A statistical signal processing perspective

Domenico Ciuonzo

The Institution of Engineering and Technology, 2019

The role of data fusion has been expanding in recent years through the incorporation of pervasive applications, where the physical infrastructure is coupled with information and communication technologies, such as wireless sensor networks for the internet of things (IoT), e-health and Industry 4.0. In this edited reference, the authors provide advanced tools for the design, analysis and implementation of inference algorithms in wireless sensor networks.
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cover of Data Power: Radical Geographies of Control and Resistance

Data Power

Radical Geographies of Control and Resistance

Jim E. Thatcher

Pluto Press, 2021

In recent years, popular media has inundated audiences with sensationalized headlines recounting data breaches, new forms of surveillance and other dangers of our digital age. Despite their regularity, such accounts treat each case as unprecedented and unique. This book proposes a radical rethinking of the history, present and future of our relations with the digital, spatial technologies that increasingly mediate our everyday lives.

From smartphones to surveillance cameras, to navigational satellites, these new technologies offer visions of integrated, smooth and efficient societies, even as they directly conflict with the ways users experience them. Recognizing the potential for both control and liberation, the authors argue against both acquiescence to and rejection of these technologies.

Through intentional use of the very systems that monitor them, activists from Charlottesville to Hong Kong are subverting, resisting and repurposing geographic technologies. Using examples as varied as writings on the first telephones to the experiences of a feminist collective for migrant women in Spain, the authors present a revolution of everyday technologies. In the face of the seemingly inevitable circumstances, these technologies allow us to create new spaces of affinity, and a new politics of change.

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cover of Demystifying Graph Data Science: Graph algorithms, analytics methods, platforms, databases, and use cases

Demystifying Graph Data Science

Graph algorithms, analytics methods, platforms, databases, and use cases

Pethuru Raj

The Institution of Engineering and Technology, 2022

With the growing maturity and stability of digitization and edge technologies, vast numbers of digital entities, connected devices, and microservices interact purposefully to create huge sets of poly-structured digital data. Corporations are continuously seeking fresh ways to use their data to drive business innovations and disruptions to bring in real digital transformation. Data science (DS) is proving to be the one-stop solution for simplifying the process of knowledge discovery and dissemination out of massive amounts of multi-structured data.
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cover of Digital Platforms and Algorithmic Subjectivities

Digital Platforms and Algorithmic Subjectivities

Emiliana Armano, Marco Briziarelli and Elisabetta Risi

University of Westminster Press, 2022

Algorithms are a form of productive power – so how may we conceptualise the newly merged terrains of social life, economy and self in a world of digital platforms? How do multiple self-quantifying practices interact with questions of class, race and gender? This edited collection considers algorithms at work – for what purposes encoded data about behaviour, attitudes, dispositions, relationships and preferences are deployed – and black box control, platform society theory and the formation of subjectivities. It details technological structures and lived experience of algorithms and the operation of platforms in areas such as crypto-finance, production, surveillance, welfare, activism in pandemic times. Finally, it asks if platform cooperativism, collaborative design and neomutualism offer new visions. Even as problems with labour and in society mount, subjectivities and counter subjectivities here produced appear as conscious participants of change and not so much the servants of algorithmic control and dominant platforms.
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cover of Ex Ante: Power and Prediction in the Real-Time Future

Ex Ante

Power and Prediction in the Real-Time Future

John Cheney-Lippold

University of Chicago Press, 2027

An incisive framework for understanding how predictive AI has reshaped our relationship with time.

Ex Ante argues that AI systems draw us into a new experience of time, a continuous stream of machine-generated futures that reshapes our relationship to ourselves, to capitalism, and to infrastructure. Unlike other predictive tools that help us prepare for what might come, these projections—produced by algorithms and sourced by massive flows of data—calibrate our actions moment by moment, second by second. 

In this book, John Cheney-Lippold offers a framework he calls the ex ante, Latin for “before the event,” as a way to consider how the future has become capitalism’s latest resource for exploitation. Through case studies spanning TikTok beauty filters that have fueled a surge in plastic surgery consultations, chess engines that redefine how the game is played, online sports betting platforms that commodify probability itself, hospital sepsis algorithms that transform the labor of nursing, and coordinated vehicle networks that collectively anticipate their surroundings to function, Ex Ante offers an exploration and powerful critique of our algorithmic present and the powers behind it.

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cover of Foundations of Digital Signal Processing: Theory, algorithms and hardware design

Foundations of Digital Signal Processing

Theory, algorithms and hardware design

Patrick Gaydecki

The Institution of Engineering and Technology, 2004

Foundations of Digital Signal Processing: Theory, algorithms and hardware design starts by introducing the mathematical foundations of DSP, assuming little prior knowledge of the subject from the reader, and moves on to discuss more complex topics such as Fourier, Laplace and digital filtering. It provides detailed information on off-line, real-time and DSP programming, and guides the reader through advanced topics such as DSP hardware design, FIR and IIR filter design and difference equation manipulation.
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cover of Geographic Medicine for the Practitioner: Algorithms in the Diagnosis and Management of Exotic Diseases

Geographic Medicine for the Practitioner

Algorithms in the Diagnosis and Management of Exotic Diseases

Kenneth D. Warren and Adel A. F. Mahmoud

University of Chicago Press, 1978

"The many diseases that are endemic in most of the developing nations of the world (and that may also affect travelers to these regions) are, at world levels, the most important sources of morbidity that affect the entire human race. The change in morbidity patterns in the more developed nations should not be permitted to blind the more affluent countries to the implications of this simple statement. Thus, direct and useful guides are needed to assure efficient and economical diagnosis and treatment of those infections that are endemic to the less affluent two-thirds of the earth.

"The algorithms in this book have been developed by Drs. Warren and Mahmoud, as the result of a systematic effort to produce such guides. The book is presented as another in the series "Studies in Infectious Disease Research" and is a most welcome addition, certain to supply a major and hitherto inadequately fulfilled need."—from the Foreword, by Edward H. Kass, M. D., Ph.D

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cover of Inequalities of Platform Publishing: The Promise and Peril of Self-Publishing in the Digital Book Era

Inequalities of Platform Publishing

The Promise and Peril of Self-Publishing in the Digital Book Era

Claire Parnell

University of Massachusetts Press, 2025

Uncovering race, gender, and sexual biases in popular self-publishing platforms

The average reader need not go far in a bookstore before, knowingly or not, they encounter authors who started their careers by self-publishing prior to achieving commercial success. Examples include Margaret Atwood, Andy Weir, Colleen Hoover, Anna Todd, E. L. James, Scarlett St. Clair, and many more. Such stories of self-made writers are compelling and seem more attainable to others with the accessibility of modern publishing platforms such as Amazon, Apple, Google, Kobo, Wattpad, Webtoon, Radish, Inkitt, Qidian, Tapas, and Swoon Reads. However, as Claire Parnell uncovers in her examination of the two most popular—Amazon and Wattpad—these services in fact perpetuate systemic racial, gender, and sexual bias against authors of color and queer authors through their technological, economic, social, and cultural structures.

At a time when there is a real reckoning with the discrimination that has resulted in publishing opportunities for only relatively few privileged authors—who are often White, upper class, and male—self-publishing presents itself as an equalizer of sorts. Exploring that idea, Parnell shows that these platforms are not just intermediaries for information; they structure content and users in multiple, often inequitable, ways through their ability to set market conditions and apply algorithmic sorting. Combining original interviews, walkthrough method, metadata analysis, and more, Parnell finds that self-publishing platforms reproduce challenges for authors from marginalized communities. Far from equalizing the market, the new platforms instead frequently perpetuate the stubborn barriers to mainstream success for BIPOC and queer authors.

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cover of Inverse Synthetic Aperture Radar Imaging: Principles, algorithms and applications

Inverse Synthetic Aperture Radar Imaging

Principles, algorithms and applications

Victor C. Chen

The Institution of Engineering and Technology, 2014

Based on the authors' 20 years' research work on Inverse Synthetic Aperture Radar (ISAR) imaging of moving targets and non-cooperative target recognition, this book provides readers with knowledge of various algorithms of ISAR imaging of targets and implementation with MATLAB. It introduces basic principles of radar backscattering, radar imaging, and signal analysis. It describes the characteristics of radar returns from targets, how to produce well-focused ISAR images of moving targets, and what features that can extracted from ISAR images. Also introduced are several important algorithms for ISAR image formation, ISAR image auto-focusing, and applications of ISAR imaging to air targets, sea vessels and ground moving targets. Examples of ISAR imaging of ground moving targets, air targets, and sea vessels are discussed in detail.
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cover of Language and the Rise of the Algorithm

Language and the Rise of the Algorithm

Jeffrey M. Binder

University of Chicago Press, 2022

A wide-ranging history of the algorithm.

Bringing together the histories of mathematics, computer science, and linguistic thought, Language and the Rise of the Algorithm reveals how recent developments in artificial intelligence are reopening an issue that troubled mathematicians well before the computer age: How do you draw the line between computational rules and the complexities of making systems comprehensible to people? By attending to this question, we come to see that the modern idea of the algorithm is implicated in a long history of attempts to maintain a disciplinary boundary separating technical knowledge from the languages people speak day to day.
 
Here, Jeffrey M. Binder offers a compelling tour of four visions of universal computation that addressed this issue in very different ways: G. W. Leibniz’s calculus ratiocinator; a universal algebra scheme Nicolas de Condorcet designed during the French Revolution; George Boole’s nineteenth-century logic system; and the early programming language ALGOL, short for algorithmic language. These episodes show that symbolic computation has repeatedly become entangled in debates about the nature of communication. Machine learning, in its increasing dependence on words, erodes the line between technical and everyday language, revealing the urgent stakes underlying this boundary.
 
The idea of the algorithm is a levee holding back the social complexity of language, and it is about to break. This book is about the flood that inspired its construction.

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cover of Metaheuristic Optimization in Power Engineering: Algorithms and power dispatch using MATLAB®-based software, Volume 1

Metaheuristic Optimization in Power Engineering

Algorithms and power dispatch using MATLAB®-based software, Volume 1

Jordan Radosavljević

The Institution of Engineering and Technology, 2024

A metaheuristic is a higher-level procedure designed to find, generate, or select a heuristic or partial search algorithm that may provide a sufficiently good solution to an optimization problem with incomplete or imperfect information or limited computation capacity. Metaheuristics can often find good solutions with less computational effort than other algorithms. Modern and emerging power systems, with the growing complexity of distributed and intermittent generation and EV charging, are an application for such methods.
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cover of Scripted Culture: Digitalization and the Cultural Public Sphere

Scripted Culture

Digitalization and the Cultural Public Sphere

Edited by Ruedi Widmer and Ines Kleesattel

Diaphanes, 2018

When we look at the cultural public sphere through the lens of digitalization, a paradoxical picture emerges. In some ways, the digital age seems to have brought the goals of the Enlightenment to their fullest fruition, giving us boundless and instantaneous access to every kind of knowledge and art. But the internet and its platforms also frequently bring chaos, immersing us in a sphere of often unverified information whose scope is unimaginable. This book takes a tour through the current debates on digital culture, bringing together a wide array of perspectives from aesthetic theory, cultural studies, electronic media, and the arts.
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cover of Selected Papers on Analysis of Algorithms

Selected Papers on Analysis of Algorithms

Donald E. Knuth

CSLI, 2000

Analysis of Algorithms is the fourth in a series of collected works by world-renowned computer scientist Donald Knuth. This volume is devoted to an important subfield of Computer Science that Knuth founded in the 1960s and still considers his main life's work. This field, to which he gave the name Analysis of Algorithms, deals with quantitative studies of computer techniques, leading to methods for understanding and predicting the efficiency of computer programs. Analysis of Algorithms, which has grown to be a thriving international discipline, is the unifying theme underlying Knuth's well known book The Art of Computer Programming. More than 30 of the fundamental papers that helped to shape this field are reprinted and updated in the present collection, together with historical material that has not previously been published. Although many ideas come and go in the rapidly changing world of computer science, the basic concepts and techniques of algorithmic analysis will remain important as long as computers are used.
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cover of Swarm Intelligence: Applications, Volume 3

Swarm Intelligence

Applications, Volume 3

Ying Tan

The Institution of Engineering and Technology, 2018

Swarm Intelligence (SI) is one of the most important and challenging paradigms under the umbrella of computational intelligence. It focuses on the research of collective behaviours of a swarm in nature and/or social phenomenon to solve complicated and difficult problems which cannot be handled by traditional approaches. Thousands of papers are published each year presenting new algorithms, new improvements and numerous real world applications. This makes it hard for researchers and students to share their ideas with other colleagues; follow up the works from other researchers with common interests; and to follow new developments and innovative approaches. This complete and timely collection fills this gap by presenting the latest research systematically and thoroughly to provide readers with a full view of the field of swarm. Students will learn the principles and theories of typical swarm intelligence algorithms; scholars will be inspired with promising research directions; and practitioners will find suitable methods for their applications of interest along with useful instructions.
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cover of Swarm Intelligence: Innovation, new algorithms and methods, Volume 2

Swarm Intelligence

Innovation, new algorithms and methods, Volume 2

Ying Tan

The Institution of Engineering and Technology, 2018

Swarm Intelligence (SI) is one of the most important and challenging paradigms under the umbrella of computational intelligence. It focuses on the research of collective behaviours of a swarm in nature and/or social phenomenon to solve complicated and difficult problems which cannot be handled by traditional approaches. Thousands of papers are published each year presenting new algorithms, new improvements and numerous real world applications. This makes it hard for researchers and students to share their ideas with other colleagues; follow up the works from other researchers with common interests; and to follow new developments and innovative approaches. This complete and timely collection fills this gap by presenting the latest research systematically and thoroughly to provide readers with a full view of the field of swarm. Students will learn the principles and theories of typical swarm intelligence algorithms; scholars will be inspired with promising research directions; and practitioners will find suitable methods for their applications of interest along with useful instructions.
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cover of Swarm Intelligence: Principles, current algorithms and methods, Volume 1

Swarm Intelligence

Principles, current algorithms and methods, Volume 1

Ying Tan

The Institution of Engineering and Technology, 2018

Swarm Intelligence (SI) is one of the most important and challenging paradigms under the umbrella of computational intelligence. It focuses on the research of collective behaviours of a swarm in nature and/or social phenomenon to solve complicated and difficult problems which cannot be handled by traditional approaches. Thousands of papers are published each year presenting new algorithms, new improvements and numerous real world applications. This makes it hard for researchers and students to share their ideas with other colleagues; follow up the works from other researchers with common interests; and to follow new developments and innovative approaches. This complete and timely collection fills this gap by presenting the latest research systematically and thoroughly to provide readers with a full view of the field of swarm. Students will learn the principles and theories of typical swarm intelligence algorithms; scholars will be inspired with promising research directions; and practitioners will find suitable methods for their applications of interest along with useful instructions.
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cover of The Library of Ancient Wisdom: Mesopotamia and the Making of the Modern World

The Library of Ancient Wisdom

Mesopotamia and the Making of the Modern World

Selena Wisnom

University of Chicago Press, 2025

A tour of an ancient library transports us to Mesopotamia, introducing us to its people, their ideas, and their humanity.
 
The library of Ashurbanipal, Assyria’s last great king, held an astonishing collection at the forefront of knowledge in its day, from ancient traditions in religion and literature to the latest developments in magic and medicine. When the Assyrian empire fell, the library burned to the ground, and its contents, clay tablets inscribed with cuneiform writing, lay buried for thousands of years until a team of Victorian archaeologists discovered the remnants in modern-day Iraq. The clay had baked and hardened; the very fire that consumed the library had helped its texts to survive for millennia.
 
In The Library of Ancient Wisdom, scholar Selena Wisnom, one of only a few hundred experts able to read cuneiform script today, guides us inside this important collection and, through its contents, brings ancient Mesopotamia and its people to life. Introducing us to Ashurbanipal and his family, scribes, astrologers, physicians, and more, Wisnom explores the library’s tablets and the details they divulge about how these ancient people thought about the world. Like us, they had concerns about job security, jealous rivalries, and profound friendships, and questions about the meaning of life. Wisnom ushers us into a world where magic was commonplace, where the gods spoke to you in dreams, and where the secrets of the universe were revealed through puns—taking us to the heart of what it means to be human.
 
Offering a close look at a major historical landmark as well as a readable account of the world’s earliest civilizations, The Library of Ancient Wisdom lays bare the ideas, hopes, fears, and desires that survive on humble clay.
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cover of Voices in the Code: A Story about People, Their Values, and the Algorithm They Made

Voices in the Code

A Story about People, Their Values, and the Algorithm They Made

David G. Robinson

Russell Sage Foundation, 2022

Algorithms—rules written into software—shape key moments in our lives: from who gets hired or admitted to a top public school, to who should go to jail or receive scarce public benefits. Such decisions are both technical and moral. Today, the logic of high stakes software is rarely open to scrutiny, and central moral questions are often left for the technical experts to answer. Policymakers and scholars are seeking better ways to share the moral decisionmaking within high stakes software—exploring ideas like public participation, transparency, forecasting, and algorithmic audits. But there are few real examples of those techniques in use. 
 
In Voices in the Code, scholar David G. Robinson tells the story of how one community built a life-and-death algorithm in an inclusive, accountable way. Between 2004 and 2014, a diverse group of patients, surgeons, clinicians, data scientists, public officials and advocates collaborated and compromised to build a new kidney transplant matching algorithm—a system to offer donated kidneys to particular patients from the U.S. national waiting list. Drawing on interviews with key stakeholders, unpublished archives, and a wide scholarly literature, Robinson shows how this new Kidney Allocation System emerged and evolved over time, as participants gradually built a shared understanding both of what was possible, and of what would be fair. Robinson finds much to criticize, but also much to admire, in this story. It ultimately illustrates both the promise and the limits of participation, transparency, forecasting and auditing of high stakes software. The book’s final chapter draws out lessons for the broader struggle to build technology in a democratic and accountable way.
 
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cover of Whoosh Goes the Market: Algorithms, Automation, and Alienation

Whoosh Goes the Market

Algorithms, Automation, and Alienation

Daniel Scott Souleles

University of Chicago Press, 2024

A vivid, fast-paced inside look at financial markets, the people who work on them, and how technology is changing their world (and ours).
 
Markets are messy, and no one knows this better than traders who work tirelessly to predict what they will do next. In Whoosh Goes the Market, Daniel Scott Souleles takes us into the day-to-day experiences of a team at a large trading firm, revealing what it’s actually like to make and lose money on contemporary capital markets.
 
The traders Souleles shadows have mostly moved out of the pits and now work with automated, glitch-prone computer systems. They remember the days of trading manually, and they are suspicious of algorithmically driven machine-learning systems. Openly musing about their own potential extinction, they spend their time expressing fear and frustration in profanity-laced language. With Souleles as our guide, we learn about everything from betting strategies to inflated valuations, trading swings, and market manipulation. This crash course in contemporary finance vividly reveals the existential anxiety at the evolving front lines of American capitalism.
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