Business Talk

Business Talk

Trading Automatons: When Markets No Longer Need Human Traders

27 min · 22 de may de 2026
Portada del episodio Trading Automatons: When Markets No Longer Need Human Traders

Descripción

Dr. Christian Borch, Professor of Sociology at the University of Copenhagen, joins us to discuss his book Trading Beyond Understanding: Machine Learning, Risk, and Markets. Drawing on over a decade of rigorous fieldwork, he unpacks how machine learning is fundamentally reshaping financial markets, moving trading away from human expertise and toward autonomous, self-learning systems. In this episode, Dr. Christian Borch takes us deep into the world of machine learning-driven finance, drawing on over 200 interviews across major financial centers, London, New York, and Chicago, conducted over more than a decade of fieldwork. He introduces the concept of "trading automatons," second-generation automated systems that don't merely execute human-designed strategies but independently generate their own, detecting market patterns that lie entirely beyond human perception. What makes these systems particularly striking, Dr. Borch reveals, is their opacity, even the engineers who build them cannot fully explain the decisions they make. As trading shifts from human expertise to machine agency, markets are no longer spaces of human interaction but arenas of machine-to-machine exchange, raising urgent questions about risk, accountability, and what it means when the systems driving our economies operate beyond our understanding. This podcast is brought to you by Global Management Consultancy. Disclaimer: 1. The background music incorporated in this video is the intellectual property of its respective developer and is protected under applicable copyright laws. Notwithstanding that it is a free-to-use version, Business Talk, Global Management Consultancy, and Deepak Bhatt do not own, and expressly do not claim, any rights, title, or interest in or to this music. 2. Dr. Christian Borch shared key insights from his book, “Trading Beyond Understanding: Machine Learning, Risk, and Markets”, in an engaging episode of the Business Talk podcast. The uploaded video contains copyrighted content, so changing any graphics, music, or on-screen appearance of the author or host is not allowed.

Comentarios

0

Sé la primera persona en comentar

¡Regístrate ahora y únete a la comunidad de Business Talk!

Empezar

2 meses por 1 €

Después 4,99 € / mes · Cancela cuando quieras.

  • Podcasts exclusivos
  • 20 horas de audiolibros / mes
  • Podcast gratuitos

Todos los episodios

409 episodios

Portada del episodio From Profit to Regeneration: Rethinking Business Models for Sustainability

From Profit to Regeneration: Rethinking Business Models for Sustainability

Prof. Florian Lüdeke-Freund, Chair for Corporate Sustainability at ESCP Business School in Berlin and founding Academic Director of the MSc in Sustainability Entrepreneurship and Innovation, joins us to discuss his book Sustainable Business Model Design: 50 Ways to Innovate for Ecological, Social, and Economic Value, where he and his co-authors outline 50 pattern-based strategies to design sustainable business models that integrate ecological, social, and economic value creation, highlight demand-side levers like sharing and sufficiency, and introduce powerful guiding principles such as decoupling and regeneration for next-generation business innovation. This podcast is brought to you by Global Management Consultancy. Disclaimer: 1. The background music incorporated in this video is the intellectual property of its respective developer and is protected under applicable copyright laws. Notwithstanding that it is a free-to-use version, Business Talk, Global Management Consultancy, and Deepak Bhatt do not own, and expressly do not claim, any rights, title, or interest in or to this music. 2. Prof. Florian Lüdeke-Freund shared key insights from his book, “Sustainable Business Model Design: 50 Ways to Innovate for Ecological, Social, and Economic Value”, in an engaging episode of the Business Talk podcast. The uploaded video contains copyrighted content, so changing any graphics, music, or on-screen appearance of the author or host is not allowed.

Ayer34 min
Portada del episodio Lean Is NOT the Problem: The Truth About Supply Chains in the New Normal

Lean Is NOT the Problem: The Truth About Supply Chains in the New Normal

In a compelling conversation on Business Talk, Dr. Anthony Alexander, Associate Professor in Operations Management at the University of Sussex Business School, explored how today's "new normal" is defined not merely by disruptions, but by their accelerating frequency, from the 2008 financial crisis and COVID-19 to geopolitical shocks like the Ukraine war. He challenged the popular narrative that lean supply chains are inherently fragile, arguing instead that lean's pull-based philosophy actually builds responsiveness, while true resilience means adapting to a stronger state, much like muscle rebuilding after stress, rather than simply recovering to the status quo. Drawing on frameworks like Cynefin and concepts like exaptation, Dr. Alexander emphasized that organizations must sharpen their awareness of which decision context they are in and integrate technology meaningfully into operations, not just install it, if they are to thrive amid relentless turbulence. References: Alexander, A., Blome, C., Schleper, M. C., & Roscoe, S. (2022). Managing the “new normal”: the future of operations and supply chain management in unprecedented times. International Journal of Operations & Production Management, 42(8), 1061-1076. Christopher, M., & Holweg, M. (2011). “Supply Chain 2.0”: Managing supply chains in the era of turbulence. International Journal of Physical Distribution & Logistics Management, 41(1), 63-82. Christopher, M., & Holweg, M. (2017). Supply chain 2.0 revisited: a framework for managing volatility-induced risk in the supply chain. International Journal of Physical Distribution & Logistics Management, 47(1), 2-17. Sauer, P. C., Silva, M. E., & Schleper, M. C. (2022). Supply chains' sustainability trajectories and resilience: a learning perspective in turbulent environments. International Journal of Operations & Production Management, 42(8), 1109-1145. Alexander, A., Walker, H., & Delabre, I. (2022). A decision theory perspective on wicked problems, SDGs and stakeholders: the case of deforestation. Journal of Business Ethics, 180(4), 975-995. Alexander, A., Kumar, M., & Walker, H. (2018). A decision theory perspective on complexity in performance measurement and management. International Journal of Operations & Production Management, 38(11), 2214-2244. Ahi, P., & Searcy, C. (2015). An analysis of metrics used to measure performance in green and sustainable supply chains. Journal of Cleaner Production, 86, 360-377. Pidd, M. (1997). Tools for thinking—Modelling in management science. Journal of the Operational Research Society, 48(11), 1150-1150. French, S., Maule, J., & Papamichail, N. (2009). Decision behaviour, analysis and support. Cambridge University Press. Google Books Ocasio, W. (1997). Towards an attention‐based view of the firm. Strategic Management Journal, 18(S1), 187-206. Snowden, D. J., & Boone, M. E. (2007). A leader's framework for decision making. Harvard Business Review, 85(11), 68. This podcast is brought to you by Global Management Consultancy. Disclaimer: 1. The background music incorporated in this video is the intellectual property of its respective developer and is protected under applicable copyright laws. Notwithstanding that it is a free-to-use version, Business Talk, Global Management Consultancy, and Deepak Bhatt do not own, and expressly do not claim, any rights, title, or interest in or to this music. 2. In an engaging episode of the Business Talk podcast, Dr. Anthony Alexander unpacks the key insights from his research, “Managing the “new normal”: the future of operations and supply chain management in unprecedented times.” The uploaded video contains copyrighted content, so changing any graphics, music, or on-screen appearance of the author or host is not allowed.

Ayer46 min
Portada del episodio Did the Declaration Create One Nation? Prof. Carlton Larson Explains

Did the Declaration Create One Nation? Prof. Carlton Larson Explains

In this episode of Business Talk, we sit down with Professor Carlton F. W. Larson, the Martin Luther King Jr. Professor in Law at the University of California, Davis, whose scholarship in American constitutional law, Anglo-American legal history, and the law of treason has made him one of the country’s foremost authorities on treason and the American founding. Drawing on his distinguished academic career, including landmark books such as On Treason: A Citizen’s Guide to the Law and The Trials of Allegiance: Treason, Juries, and the American Revolution, and widely cited research that has shaped both courtroom arguments and public debate, Professor Larson takes us inside his groundbreaking work, One Nation Under Law: The Meaning of the Declaration of Independence. He shows how the Declaration did not create thirteen separate nations but announced the birth of a single American people, operating under an unwritten constitutional framework from the very first day of independence. Along the way, he challenges familiar myths about Thomas Jefferson’s authorship, the legal status of the Declaration, and the parchment on display in the National Archives, revealing instead a collective act of nation-making that continues to define American law, identity, and the ever-evolving balance between federal and state power. This podcast is brought to you by Global Management Consultancy. Disclaimer: 1. The background music incorporated in this video is the intellectual property of its respective developer and is protected under applicable copyright laws. Notwithstanding that it is a free-to-use version, Business Talk, Global Management Consultancy, and Deepak Bhatt do not own, and expressly do not claim, any rights, title, or interest in or to this music. 2. Professor Carlton F. W. Larson shared key insights from his book, “One Nation Under Law: The Meaning of the Declaration of Independence”, in an engaging episode of the Business Talk podcast. The uploaded video contains copyrighted content, so changing any graphics, music, or on-screen appearance of the author or host is not allowed.

7 de jun de 202632 min
Portada del episodio Assetization Explained: Dr. Kean Birch on Modern Capitalism

Assetization Explained: Dr. Kean Birch on Modern Capitalism

In this insightful conversation, Dr. Kean Birch, Ontario Research Chair in Science Policy at York University, explores the central ideas behind his book Assetization: Turning Things into Assets in Technoscientific Capitalism, explaining how modern capitalism is increasingly organized around ownership, control, and the generation of future revenue rather than the simple sale of goods and services. Drawing on examples from biotech, digital platforms, intellectual property, and data-driven business models, he shows how “assetization” is reshaping industries, institutions, and everyday life in ways that carry major economic and social consequences. This podcast is brought to you by Global Management Consultancy. Disclaimer: 1. The background music incorporated in this video is the intellectual property of its respective developer and is protected under applicable copyright laws. Notwithstanding that it is a free-to-use version, Business Talk, Global Management Consultancy, and Deepak Bhatt do not own, and expressly do not claim, any rights, title, or interest in or to this music. 2. Dr. Kean Birch shared key insights from his book, “Assetization: Turning Things into Assets in Technoscientific Capitalism”, in an engaging episode of the Business Talk podcast. The uploaded video contains copyrighted content, so changing any graphics, music, or on-screen appearance of the author or host is not allowed.

7 de jun de 202644 min
Portada del episodio Can Sports Fuel Nationalism and Conflict? Dr. Andrew Bertoli Explains

Can Sports Fuel Nationalism and Conflict? Dr. Andrew Bertoli Explains

Dr. Andrew Bertoli, Assistant Professor at IE University in Madrid and Segovia, Spain, joins us to discuss his thought-provoking book, Beyond the Stadium: How Sports Change the World, and to explore the complex ways sports shape politics, society, and global affairs. In this engaging conversation, he challenges the common view of sports as either mere entertainment or an unquestioned force for good, offering fresh insights into how athletics influence nationalism, social connection, conflict, and cultural change. This podcast is brought to you by Global Management Consultancy. Disclaimer: 1. The background music incorporated in this video is the intellectual property of its respective developer and is protected under applicable copyright laws. Notwithstanding that it is a free-to-use version, Business Talk, Global Management Consultancy, and Deepak Bhatt do not own, and expressly do not claim, any rights, title, or interest in or to this music. 2. Dr. Andrew Bertoli shared key insights from his book, “Beyond the Stadium: How Sports Change the World”, in an engaging episode of the Business Talk podcast. The uploaded video contains copyrighted content, so changing any graphics, music, or on-screen appearance of the author or host is not allowed.

6 de jun de 202637 min