{"id":2568,"date":"2025-01-06T11:30:32","date_gmt":"2025-01-06T11:30:32","guid":{"rendered":"https:\/\/bullseye.ac\/blog\/?p=2568"},"modified":"2025-01-06T11:30:34","modified_gmt":"2025-01-06T11:30:34","slug":"the-consequences-of-misinformation-in-financial-markets","status":"publish","type":"post","link":"https:\/\/bullseye.ac\/blog\/book-reviews-summary\/the-consequences-of-misinformation-in-financial-markets\/","title":{"rendered":"The Consequences of Misinformation in Financial Markets"},"content":{"rendered":"\n<p>Number of words: 148<\/p>\n\n\n\n<p>Stock-exchange traders are also in danger. Most trade today is already being managed by computer algorithms, which can process in a second more data than a human can in a year, and that can react to the data much faster than a human can blink. On 23 April 2013, Syrian hackers broke into Associated Press\u2019s official Twitter account. At 13:07 they tweeted that the White House had been attacked and President Obama was hurt. Trade algorithms that constantly monitor newsfeeds reacted in no time, and began selling stocks like mad. The Dow Jones went into free fall, and within sixty seconds lost 150 points, equivalent to a loss of $136 billion! At 13:10 Associated Press clarified that the tweet was a hoax. The algorithms reversed gear, and by 13:13 the Dow Jones had recuperated almost all the losses.<\/p>\n\n\n\n<p><em>Excerpted from Page \u201c364\u201d \u2018Homo Deus\u2019 by Yuval Noah Harari<\/em><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Number of words: 148 Stock-exchange traders are also in danger. Most trade today is already being managed by computer algorithms, which can process in a second more data than a human can in a year, and that can react to the data much faster than a human can blink. On 23 April 2013, Syrian hackers &#8230; <a title=\"The Consequences of Misinformation in Financial Markets\" class=\"read-more\" href=\"https:\/\/bullseye.ac\/blog\/book-reviews-summary\/the-consequences-of-misinformation-in-financial-markets\/\" aria-label=\"More on The Consequences of Misinformation in Financial Markets\">Read more<\/a><\/p>\n","protected":false},"author":3,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_eb_attr":"","_uag_custom_page_level_css":"","footnotes":""},"categories":[49],"tags":[],"acf":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v21.5 - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>The Consequences of Misinformation in Financial Markets - BullsEye<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/bullseye.ac\/blog\/book-reviews-summary\/the-consequences-of-misinformation-in-financial-markets\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"The Consequences of Misinformation in Financial Markets - BullsEye\" \/>\n<meta property=\"og:description\" content=\"Number of words: 148 Stock-exchange traders are also in danger. Most trade today is already being managed by computer algorithms, which can process in a second more data than a human can in a year, and that can react to the data much faster than a human can blink. On 23 April 2013, Syrian hackers ... Read more\" \/>\n<meta property=\"og:url\" content=\"https:\/\/bullseye.ac\/blog\/book-reviews-summary\/the-consequences-of-misinformation-in-financial-markets\/\" \/>\n<meta property=\"og:site_name\" content=\"BullsEye\" \/>\n<meta property=\"article:published_time\" content=\"2025-01-06T11:30:32+00:00\" \/>\n<meta property=\"article:modified_time\" content=\"2025-01-06T11:30:34+00:00\" \/>\n<meta name=\"author\" content=\"Bhavya Chowdhury\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"Bhavya Chowdhury\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"1 minute\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"WebPage\",\"@id\":\"https:\/\/bullseye.ac\/blog\/book-reviews-summary\/the-consequences-of-misinformation-in-financial-markets\/\",\"url\":\"https:\/\/bullseye.ac\/blog\/book-reviews-summary\/the-consequences-of-misinformation-in-financial-markets\/\",\"name\":\"The Consequences of Misinformation in Financial Markets - BullsEye\",\"isPartOf\":{\"@id\":\"https:\/\/bullseye.ac\/blog\/#website\"},\"datePublished\":\"2025-01-06T11:30:32+00:00\",\"dateModified\":\"2025-01-06T11:30:34+00:00\",\"author\":{\"@id\":\"https:\/\/bullseye.ac\/blog\/#\/schema\/person\/992754c8575e3584d4c0dbcab059dd23\"},\"breadcrumb\":{\"@id\":\"https:\/\/bullseye.ac\/blog\/book-reviews-summary\/the-consequences-of-misinformation-in-financial-markets\/#breadcrumb\"},\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"ReadAction\",\"target\":[\"https:\/\/bullseye.ac\/blog\/book-reviews-summary\/the-consequences-of-misinformation-in-financial-markets\/\"]}]},{\"@type\":\"BreadcrumbList\",\"@id\":\"https:\/\/bullseye.ac\/blog\/book-reviews-summary\/the-consequences-of-misinformation-in-financial-markets\/#breadcrumb\",\"itemListElement\":[{\"@type\":\"ListItem\",\"position\":1,\"name\":\"Home\",\"item\":\"https:\/\/bullseye.ac\/blog\/\"},{\"@type\":\"ListItem\",\"position\":2,\"name\":\"The Consequences of Misinformation in Financial Markets\"}]},{\"@type\":\"WebSite\",\"@id\":\"https:\/\/bullseye.ac\/blog\/#website\",\"url\":\"https:\/\/bullseye.ac\/blog\/\",\"name\":\"BullsEye\",\"description\":\"\",\"potentialAction\":[{\"@type\":\"SearchAction\",\"target\":{\"@type\":\"EntryPoint\",\"urlTemplate\":\"https:\/\/bullseye.ac\/blog\/?s={search_term_string}\"},\"query-input\":\"required name=search_term_string\"}],\"inLanguage\":\"en-US\"},{\"@type\":\"Person\",\"@id\":\"https:\/\/bullseye.ac\/blog\/#\/schema\/person\/992754c8575e3584d4c0dbcab059dd23\",\"name\":\"Bhavya Chowdhury\",\"image\":{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\/\/bullseye.ac\/blog\/#\/schema\/person\/image\/\",\"url\":\"https:\/\/secure.gravatar.com\/avatar\/96cc080647ada77871a0fe51c103b135?s=96&d=mm&r=g\",\"contentUrl\":\"https:\/\/secure.gravatar.com\/avatar\/96cc080647ada77871a0fe51c103b135?s=96&d=mm&r=g\",\"caption\":\"Bhavya Chowdhury\"},\"url\":\"https:\/\/bullseye.ac\/blog\/author\/bhavya-chowdhury\/\"}]}<\/script>\n<!-- \/ Yoast SEO plugin. -->","yoast_head_json":{"title":"The Consequences of Misinformation in Financial Markets - BullsEye","robots":{"index":"index","follow":"follow","max-snippet":"max-snippet:-1","max-image-preview":"max-image-preview:large","max-video-preview":"max-video-preview:-1"},"canonical":"https:\/\/bullseye.ac\/blog\/book-reviews-summary\/the-consequences-of-misinformation-in-financial-markets\/","og_locale":"en_US","og_type":"article","og_title":"The Consequences of Misinformation in Financial Markets - BullsEye","og_description":"Number of words: 148 Stock-exchange traders are also in danger. Most trade today is already being managed by computer algorithms, which can process in a second more data than a human can in a year, and that can react to the data much faster than a human can blink. On 23 April 2013, Syrian hackers ... Read more","og_url":"https:\/\/bullseye.ac\/blog\/book-reviews-summary\/the-consequences-of-misinformation-in-financial-markets\/","og_site_name":"BullsEye","article_published_time":"2025-01-06T11:30:32+00:00","article_modified_time":"2025-01-06T11:30:34+00:00","author":"Bhavya Chowdhury","twitter_card":"summary_large_image","twitter_misc":{"Written by":"Bhavya Chowdhury","Est. reading time":"1 minute"},"schema":{"@context":"https:\/\/schema.org","@graph":[{"@type":"WebPage","@id":"https:\/\/bullseye.ac\/blog\/book-reviews-summary\/the-consequences-of-misinformation-in-financial-markets\/","url":"https:\/\/bullseye.ac\/blog\/book-reviews-summary\/the-consequences-of-misinformation-in-financial-markets\/","name":"The Consequences of Misinformation in Financial Markets - BullsEye","isPartOf":{"@id":"https:\/\/bullseye.ac\/blog\/#website"},"datePublished":"2025-01-06T11:30:32+00:00","dateModified":"2025-01-06T11:30:34+00:00","author":{"@id":"https:\/\/bullseye.ac\/blog\/#\/schema\/person\/992754c8575e3584d4c0dbcab059dd23"},"breadcrumb":{"@id":"https:\/\/bullseye.ac\/blog\/book-reviews-summary\/the-consequences-of-misinformation-in-financial-markets\/#breadcrumb"},"inLanguage":"en-US","potentialAction":[{"@type":"ReadAction","target":["https:\/\/bullseye.ac\/blog\/book-reviews-summary\/the-consequences-of-misinformation-in-financial-markets\/"]}]},{"@type":"BreadcrumbList","@id":"https:\/\/bullseye.ac\/blog\/book-reviews-summary\/the-consequences-of-misinformation-in-financial-markets\/#breadcrumb","itemListElement":[{"@type":"ListItem","position":1,"name":"Home","item":"https:\/\/bullseye.ac\/blog\/"},{"@type":"ListItem","position":2,"name":"The Consequences of Misinformation in Financial Markets"}]},{"@type":"WebSite","@id":"https:\/\/bullseye.ac\/blog\/#website","url":"https:\/\/bullseye.ac\/blog\/","name":"BullsEye","description":"","potentialAction":[{"@type":"SearchAction","target":{"@type":"EntryPoint","urlTemplate":"https:\/\/bullseye.ac\/blog\/?s={search_term_string}"},"query-input":"required name=search_term_string"}],"inLanguage":"en-US"},{"@type":"Person","@id":"https:\/\/bullseye.ac\/blog\/#\/schema\/person\/992754c8575e3584d4c0dbcab059dd23","name":"Bhavya Chowdhury","image":{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/bullseye.ac\/blog\/#\/schema\/person\/image\/","url":"https:\/\/secure.gravatar.com\/avatar\/96cc080647ada77871a0fe51c103b135?s=96&d=mm&r=g","contentUrl":"https:\/\/secure.gravatar.com\/avatar\/96cc080647ada77871a0fe51c103b135?s=96&d=mm&r=g","caption":"Bhavya Chowdhury"},"url":"https:\/\/bullseye.ac\/blog\/author\/bhavya-chowdhury\/"}]}},"uagb_featured_image_src":{"full":false,"thumbnail":false,"medium":false,"medium_large":false,"large":false,"1536x1536":false,"2048x2048":false},"uagb_author_info":{"display_name":"Bhavya Chowdhury","author_link":"https:\/\/bullseye.ac\/blog\/author\/bhavya-chowdhury\/"},"uagb_comment_info":0,"uagb_excerpt":"Number of words: 148 Stock-exchange traders are also in danger. Most trade today is already being managed by computer algorithms, which can process in a second more data than a human can in a year, and that can react to the data much faster than a human can blink. On 23 April 2013, Syrian hackers&hellip;","_links":{"self":[{"href":"https:\/\/bullseye.ac\/blog\/wp-json\/wp\/v2\/posts\/2568"}],"collection":[{"href":"https:\/\/bullseye.ac\/blog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/bullseye.ac\/blog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/bullseye.ac\/blog\/wp-json\/wp\/v2\/users\/3"}],"replies":[{"embeddable":true,"href":"https:\/\/bullseye.ac\/blog\/wp-json\/wp\/v2\/comments?post=2568"}],"version-history":[{"count":1,"href":"https:\/\/bullseye.ac\/blog\/wp-json\/wp\/v2\/posts\/2568\/revisions"}],"predecessor-version":[{"id":2569,"href":"https:\/\/bullseye.ac\/blog\/wp-json\/wp\/v2\/posts\/2568\/revisions\/2569"}],"wp:attachment":[{"href":"https:\/\/bullseye.ac\/blog\/wp-json\/wp\/v2\/media?parent=2568"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/bullseye.ac\/blog\/wp-json\/wp\/v2\/categories?post=2568"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/bullseye.ac\/blog\/wp-json\/wp\/v2\/tags?post=2568"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}