2013's Trading Technology: A Year of 'Accelerating Returns'


Rate of change, Moore's law, tech-human singularity. All three refer to the quickening pace of technical innovation, but the third one, often attributed to Ray Kurzweil's Law of Accelerating Returns, is the most expansive—in predicting that by 2045, people and their technology will be practically indistinguishable. Kurzweil proposed his theory in 2001, the same year Apple introduced the world to the iPod.

Many business-related technologies at financial firms—while crucial and evolving—are mostly

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