this post was submitted on 02 Dec 2025
493 points (95.6% liked)

Technology

77084 readers
2520 users here now

This is a most excellent place for technology news and articles.

Our Rules

  1. Follow the lemmy.world rules.
  2. Only tech related news or articles.
  3. Be excellent to each other!
  4. Mod approved content bots can post up to 10 articles per day.
  5. Threads asking for personal tech support may be deleted.
  6. Politics threads may be removed.
  7. No memes allowed as posts, OK to post as comments.
  8. Only approved bots from the list below, this includes using AI responses and summaries. To ask if your bot can be added please contact a mod.
  9. Check for duplicates before posting, duplicates may be removed
  10. Accounts 7 days and younger will have their posts automatically removed.

Approved Bots

founded 2 years ago
MODERATORS
L3s@lemmy.world
enu@lemmy.world
technopagan@lemmy.world
L4s@lemmy.world
L3s@hackingne.ws
L4s@hackingne.ws
493
The Algorithm That Detected a $610 Billion Fraud: How Machine Intelligence Exposed the AI Industry’s Circular Financing Scheme (substack.com)
submitted 3 days ago by Thomas2024@feddit.org to c/technology@lemmy.world
99 comments fedilink hide all child comments
you are viewing a single comment's thread
view the rest of the comments
[–] Fmstrat@lemmy.world 2 points 2 days ago

While true, what actually happened was interesting. Algorithm's are not inherently bad, afterall.

At some point, someone wrote a rule to verify DSO against other tech companies, and trigger an automated short position to correct the market changed from an earnings call.

To me, that's pretty cool. This wasn't magic LLM AI, this was a smart engineer that programmed a system to discover problems as they arose.