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Banking

Did you know?

Have investors got the measure of quant?

It is estimated that 40 exabytes (4x1019) of unique new information will be generated worldwide this year. That’s estimated to be more than in the previous 5,000 years

The amount of new technical information is doubling every two years. For students starting a four-year technical degree, this means that half of what they learn in their first year of study will be outdated by their third year of study.

That information is predicted to double every 72 hours by 2010.

Predictions are that by 2013 a supercomputer will be built that exceeds the computational capability of the human brain.

By 2023, it will only take a $1,000 computer to exceed the computational capabilities of the human brain.

While technical predictions beyond 15 years are hard to make, forecasts are that by 2049 a $1,000 computer will exceed the computational capabilities of the human race.

Source: Did you know? a presentation by Karl Fisch (see http://thefischbowl.blogspot.com/2006/08/did-you-know.html)

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