Tuesday, April 27, 2010

THE QUANT FROM PLANET X

BANZAI7 NEWS--Alien encounters may seem like sure-fire winners to Hollywood, but one of the world's most famous scientists thinks, Wall Street aliens may be "too risky" be be worth seeking.

In a documentary that premiered on Sunday, Stephen Hawking said that communicating with Wall Street financiers poses threats to Earth far worse than communicating with extraterrestrial aliens.

Hawking said a visit from extraterrestrials might be similar to Goldman Sach's arrival in the Americas.

"If aliens visit us, the outcome would be much as when the Goldman founders landed in America, which didn't turn out well for the Americans," he said. "We only have to look at our economy to see how super-intelligent life might develop into something we wouldn't want to meet."

In the new program, "Into the Quantitative Vortex with Stephen Hawking," he speculated that bankers' capabilities "would be only limited by how much high frequency ("algo") trading and financial modeling power they could harness and control, and that could be far more threatening than we might first imagine."

He said it might even be possible for bankers to monetise and "unlock" the assets of an entire solar system or maybe even galaxy.

"Such advanced aliens would perhaps mutate into "quants," looking to conquer and colonize whatever asset class they can reach," Hawking said.

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