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Computer Says NO

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Computer Says NO

Old 24th Aug 2013, 01:59
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Computer Says NO

Nasdaq crash triggers fear of data meltdown | Technology | The Guardian
The Nasdaq collapse was caused by a communication failure between its platform for processing quotes and trades and that of another party – reportedly the New York Stock Exchange. So serious was the fallout that it resulted in a third fewer shares being traded in the US on that day.
I wonder if there's a link

Presidential Meeting Signals Catastrophic Event: "There Is a Crisis Unfolding Somewhere in the Background"
If there’s one thing we know about how the US government operates, it’s that the American people are often the last to know about serious problems that may be taking place behind the scenes.

This week, in a move that has spooked a lot of economic and financial analysts, President Barack Obama held a special, closed door meeting with the heads of the U.S. government’s financial, monetary and oversight agencies. It included members of the Federal Reserve, the FDIC, the CFTC, the SEC, and the Federal Housing Finance Agency.

This has left many wondering what is really going on – and if a serious event is about to take place yet again.
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Old 24th Aug 2013, 06:20
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I noticed the Giggle search engine wasn't behaving yesterday. This follows a lot of big names going off air last week and not explaining why. Unusually MalWare found a lot of objects on my PC yesterday. I think we are under attack already and it's not being admitted publically.

Last edited by OFSO; 24th Aug 2013 at 06:21.
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Old 24th Aug 2013, 06:42
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Wasn't the NASDAQ brainfart triggered by Apple shares reaching $500 which then caused loads of computer trading platforms to action sales and such was the volume etc etc ?

That said we probably are due another 'event' to keep the circus going



SHJ
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Old 24th Aug 2013, 14:36
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A perfect time not to get suckered into this 'Cloud' foolishness.


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Old 24th Aug 2013, 21:39
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Originally Posted by Jerry Coe View Post
A perfect time not to get suckered into this 'Cloud' foolishness.


Spot on. I never could understand how anyone would trust their personal data to sit on some unknown computer which could be anywhere in the world.
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Old 24th Aug 2013, 21:52
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With you on this cloud BS. However, we trust financial instituitions to represent our holdings online. So, there is a fine line between financial and non financial data. The difference is, financial instituions are regulated (ha)

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Last edited by Ozzy; 24th Aug 2013 at 21:53.
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Old 24th Aug 2013, 23:05
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With you on this cloud BS. However, we trust financial instituitions to represent our holdings online. So, there is a fine line between financial and non financial data. The difference is, financial instituions are regulated (ha)
The way I see it, if the bank lose my pounds, they can make it up to me by giving me some different pounds - I don't care exactly which pounds they were.

Whereas if the cloud loses my bits they can't make it up to me by giving me some different bits, because I do care exactly which bits they were, with data that's the whole point.
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Old 25th Aug 2013, 06:47
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....and it would appear that due to cost, many cloud providers 'split' the data up and it only gets reconstituted when recalled (hopefully). A bit like stuff I had in storage locally, when I went to access it, a third was there and two thirds at 2 other locations distant



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Old 25th Aug 2013, 07:36
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Thumbs down

Yep, the system is totally phuqued, I actually got accepted for my training loan yesterday.

(yeh, I wish . . .)

Hey, here is an idea, the advertising on here focuses on discussions on any particular thread - obviously, so here goes:
Training loans, training fees, funding for training, train now payback from salary, get funded to fly, flying training loans, flying training fees paid, flight training scholarships, trainees accepted, flight training funding, flight training loans (again), fly now pay later, funding for flying training, flight training financing, college fees - study now pay later, flight training funding for experienced pilots, funding flight training - the solution, need a loan for flight training? - apply here! (Everyone accepted, even experienced pilots) Have you been f***** over by your boss, who is mentally ill? Then get out of the rut and apply for the special ``I`ve been f***** over loan and bring your life back on track today`` The Goddess of Aviation has announced, today, that she would finally succumb and give something back to those poor pilots that have laid life ruining gifts before her.
Apply today - funding for training - flight training funding - funding for flight training. (sigh) Get rated, fly for free! Free training!
Flight training solution - you train, we pay, then you pay 40% of your salary until retirement. - - -(quickly checks) nope, the only current ad is a door company with - appropriately - a closed door.

Last edited by Natstrackalpha; 25th Aug 2013 at 07:59.
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Old 25th Aug 2013, 12:47
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I have never seen anyone do the maths on just what % of expansion of the 'net and all its associated infrastructure is required each year, to keep up with the exponential expansion of the worlds virtually insatiable need to communicate.

The number of phones being produced annually, alone, is mind-boggling. Samsung are talking about shipping 80M units of the S4 Galaxy by the end of this year. That's just 9 mths production since its release - and the S4 is selling at 1.7 times the rate of the S3.
Every one of these phones is being used almost continuously, once purchased - as witnessed by watching every Gen Y, who can't put them down for 10 seconds.

The demand on networks is increasing by staggering amounts every year. Then people suddenly find more uses for the 'net. Simple stuff such as getting a map or even just a recipe now involves a 'net referral. The amount of 'net searches is exploding.

Businesses are migrating large portions of their operations to the 'net - over 80% of businesses now have a substantial online presence that didn't exist 5 yrs ago.
Advertising and newspapers are in the process of transferring a vast amount of their business directly to the 'net.

I have a cutting edge 4G modem for my laptop, and I'm already finding that I'm experiencing serious delays in connection in highly populated areas in Australia - where vast amounts have just been spent on "network capacity".

Perhaps someone will find a way to compress data further and reduce network loads. It may become an urgent requirement when you see how quickly we are overloading our major world communication networks - which were only a tiny fraction of their size, just 20 yrs ago. If I were the Prez of the USA, I think I'd be a worried man, and calling some high level meetings, too.

Last edited by onetrack; 25th Aug 2013 at 12:49. Reason: sp...
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Old 25th Aug 2013, 17:12
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Shouldn't that be:

'Compu-ah sez no.'
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Old 25th Aug 2013, 18:42
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Jerry Coe says:
A perfect time not to get suckered into this 'Cloud' foolishness.
Great thought -- let's see if we can avoid it.

The earliest round of the "central-services" model for computing was promoted by IBM, in the 1960's, by attempting to recruit everyone not yet ready to buy a business computer to do business with their wholly owned turn-key services company, "Service Bureau Corporation".

About 1969, companies seeking to compete with IBM prevailed in an anti-monopoly lawsuit against IBM for illegally monopolizing the newly evolving markets for computing services. Result that shortly followed was IBM had to divest itself of SBC, and let them run on their own without subsidies or special deals. One byproduct of the Service Bureau decision (and the "Carterphone" antitrust decision that became effective a bit later, forcing American Telephone and Telegraph Corp (Ma Bell) to divest itself of
assets and to reorganize so as to eliminate policies and procedures that had kept a monopoly lock on most telephone services in the entire USA) was to create markets and real opportunity for fledgeling data and communications services companies. The business of "timesharing"central computers connecting over phone lines (to 10 bytes/second teletypes at the onset) blossomed overnight. Tymshare Corp. started in Silicon Valley and grew like crazy -- its bones survive as parts of Comshare Corp. AOL started, under another name, in the same time frame. And the opening up of connectivity to ATT's network and last mile wires spurred introduction of phone answering machines, personal phones of many flavors (vs company-owned and leased ones). A few years later serious microcomputer chips came along (73-75 and onward) and computer-communications flowered. Oneself participated in bits of the process from '67 forward and knew many and at least met most of the folks who built it from little bits of silicon to the mountains of paper stock certificates that leverage a large portion of high-tech industry today.

The phenomenon of loosening up monopoly control of communications interconnection technology really was the pivotal precursor event to the Internet of today, a lesson that many in the industry well remember.
The other stuff was already working -- for example a single mainframe system from a company I worked for sold (at the end of the 60's) for a few million $$ (with much less computing power and storage than in an Intel P5 Pentium-driven laptop of today) and was able to continuously support five hundred phone or wire-connected interactive users who could be local or anywhere in the world, in theory. Things were simpler --the entire operating-system for that function had been designed to use less memory than a single jpeg image from a modern cellphone or pocket camera. Ethernet didn't exist until we invented it (or proclaimed it, really)
in the mid 70's, but the highly error-tolerant precursor technologies for internet communication were already lurking around as protocols for data telemetry used in aerospace and military undertakings that would not tolerate errors interfering with the work at hand.

It only took 20-some years for that to change from centralized systems to globally distributed ones.... yet curiously the same old monopoly companies that had their knuckles rapped have managed to fare quite well in the interim.

So..what goes around..etc... Technologies are often very like the prehistoric bones that periodically surface and burn awhile in the sun until a flood or similar covers them up again for another long sleep. So, too is likely the case with the cloud.

What the software industry wants -- and hardware is rapidly becoming software itself -- is to rent products rather than sell them. Microsoft is the mega-example of an enterprise that has made many fortunes over selling and reselling the same outdated and poorly done technology, with only tiny nuances differentiating one generation from its precursor. The gleam in the industry eye that CLOUD computing promises is something very like monopoly over both hardware and software -- concealed as central storage.

A parallel meme running alongside CLOUD is BIGDATA. To some degree this actually rational, but the idea that every individual should personally participate is a cover for some other agenda -- probably related to privacy issues that go mega when BIGDATA starts counting everybody's freckles.

The essence of BIGDATA is to use really fast computing -- and different architectures -- to mow through vast databases for extracting select conceptual relationships.... so the enabling challenge is to induce a large portion of the population to park their knowledge and information where BIGDATA systems can chew on it.


Last edited by arcniz; 25th Aug 2013 at 18:57.
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Old 27th Aug 2013, 13:37
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Looks like China was under attack at about the same time as well.

BBC News - China hit by 'biggest ever' cyber-attack
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