Book contents
- Reviews
- Algo Bots and the Law
- Algo Bots and the Law
- Copyright page
- Contents
- Preface
- Introduction
- 1 Key Concepts: Algorithms, Artificial Intelligence, and More
- 2 Economic Definitions of Common Derivatives
- 3 Legal and Regulatory Definitions of Derivatives and Other Financial Instruments
- 4 FinTech: From Science Fiction to Non-Fiction
- 5 The Regulatory Framework for the US Derivatives Markets
- 6 Gateways to the Futures Markets – FCMs
- 7 Collective Investment Vehicles and Investment Advisors
- 8 Salespeople, Supervisors, Owners, and Enumerated Others
- 9 Trading Floor Denizens
- 10 Regulating Digital Intermediaries
- 11 States of Mind: From Zero to Specific Intent
- 12 Market Manipulation: Then and Now
- 13 Fraud Is Many Things (for Humans and Robots)
- 14 Disruptive Trading Practices
- 15 Spoofing: Market Disruption Made Easy by Technology
- 16 Adequately Supervising the Overseers of Algo Bots
- 17 Flash Events
- 18 Algo Bots All over the World
- 19 Conclusion
- Index
11 - States of Mind: From Zero to Specific Intent
Published online by Cambridge University Press: 02 October 2020
- Reviews
- Algo Bots and the Law
- Algo Bots and the Law
- Copyright page
- Contents
- Preface
- Introduction
- 1 Key Concepts: Algorithms, Artificial Intelligence, and More
- 2 Economic Definitions of Common Derivatives
- 3 Legal and Regulatory Definitions of Derivatives and Other Financial Instruments
- 4 FinTech: From Science Fiction to Non-Fiction
- 5 The Regulatory Framework for the US Derivatives Markets
- 6 Gateways to the Futures Markets – FCMs
- 7 Collective Investment Vehicles and Investment Advisors
- 8 Salespeople, Supervisors, Owners, and Enumerated Others
- 9 Trading Floor Denizens
- 10 Regulating Digital Intermediaries
- 11 States of Mind: From Zero to Specific Intent
- 12 Market Manipulation: Then and Now
- 13 Fraud Is Many Things (for Humans and Robots)
- 14 Disruptive Trading Practices
- 15 Spoofing: Market Disruption Made Easy by Technology
- 16 Adequately Supervising the Overseers of Algo Bots
- 17 Flash Events
- 18 Algo Bots All over the World
- 19 Conclusion
- Index
Summary
Science fiction writers have frequently wrestled with questions relating to the ability of humans to understand the minds of robots and synthetic intellects. These works often portray robotic minds as functioning differently from those of humans. In some cases, analysis of someone’s mental processes and responses to specific situations is the only way to distinguish a human being from a robot. For example, one prominent protagonist in Isaac Asimov’s I, Robot collection of short stories is Dr. Susan Calvin, who is described as being a trailblazer the field of robot psychology. In Asimov’s stories, Dr. Calvin is the head “robopsychologist” for the fictional firm U.S. Robots and Mechanical Men, Incorporated. When a politician named Stephen Byerley runs for mayor of an unnamed major US city, Dr. Calvin is asked to determine if Byerley is a human being or a robot.
Keywords
- Type
- Chapter
- Information
- Algo Bots and the LawTechnology, Automation, and the Regulation of Futures and Other Derivatives, pp. 265 - 279Publisher: Cambridge University PressPrint publication year: 2020