Humans not allowed in sandbox

GOLDMAN SACHS: 'Machines have replaced humans' — and their impact on the next financial crisis could be devastating

As the Dow Jones industrial average plummeted more than 1,000 points last month, many human traders blamed their automated counterparts for massive selling.

That's unlikely to be the last of the finger-pointing or of flash crashes worsened by machines, according to Charles Himmelberg, Goldman Sachs' cohead of global markets research."We suspect the Feb. sell-off is symptomatic of a broader risk, namely, the rising 'financial fragility' during the post-crisis period," Himmelberg said in a note on Monday."By 'fragility' we mean price volatility that arises not from changes in the fundamental outlook for markets, but rather from markets themselves."

If we don't gdet an automated central banker then we get bad coordination failure.