The GameStop drama points to a new world and not just the investing world. . Derivatives are really just very complicated algorithms that make predictions about how money will move based upon various factors. We all know the most chaotic factor to calculate is human behavior. Hedge funds have taken losses which may be in the billions by being targeted by an army of stimulus checks on Reddit Asimov postulates a new science called psychohistory in The name psychohistory is a misnomer because it is , but psychohistory is the name Asimov gave it.  Derivatives look a lot like what Asimov called psychohistory. the Foundation series. predictive analytics and chaos theory applied to humanity Psychohistory depends on the idea that while one cannot foresee the actions of a particular individual, algorithms applied to large groups of people could predict the general flow of future events. This is essentially what derivative equations and hedge funds are doing. The character responsible for the science's creation, , established two : Hari Seldon axioms 1] the population whose behavior was modeled should be sufficiently large 2] the population should remain in ignorance of the results of the application of psychohistorical analyses because if it is aware, the group changes its behaviour. In the books, a random individual known as the Mule throws the psychohistory predictions off-kilter. Derivatives are today's psychohistory equations.  Watching the stock market these days is proof enough the Mule has arrived. The crazy markets have been making it very difficult for the investing-bots. I postulated here on . I postulated that his election and presidency was so unexpected he represented the unexpected individual capable of having huge effects on the behavior of the mob. He certainly kicked the covers off some aspects of the way the world is being run by elites. Remember the second axiom of psychohistory: HackerNoon that Donald Trump was our Mule ...population should remain in ignorance... Isaac Asimov WAS our Hari Seldon. He has been predicting the future for us since just after World War II. His novels and stories define the future we now live in. Asimov’s stories and ideas have certainly been a boon to the derivative industry. Hedge funds had the money to get the coders and leverage Asimov's psychohistory theories, but the "population is no longer ignorant". Disclaimer: The opinions in this article belong to the author alone. Nothing in this article constitutes investment advice. Please conduct your own thorough research before making any investment decisions.

Flow

BOON

GameStop

Robinhood

How to Pronounce Doggie Coin

5 Reasons Why We Dont Need To Worry About the SolarWinds Hack

You have to code, if you want to KNOW!

Book a call

2021 - HackerNoon Contributor of the Year - FUTURISM

Nominated for 2022 - HackerNoon Contributor of the Year - Proof Of Stake

Nominated for 2022 - HackerNoon Contributor of the Year - Politics

Nominated for 2022 - HackerNoon Contributor of the Year - Bitcoin

Nominated for 2022 - HackerNoon Contributor of the Year - Science Fiction

Nominated for 2022 - HackerNoon Contributor of the Year - Crypto Adoption

Nominated for 2022 - HackerNoon Contributor of the Year - Cryptocurrency

Too Long; Didn't Read

Isaac Asimov Predicted the Psychohistory GameStop Phenomenon

Isaac Asimov Predicted the Psychohistory GameStop Phenomenon

About Author

Comments

TOPICS

THIS ARTICLE WAS FEATURED IN

Related Stories

3 Black Women of the 20th Century Who Deserve More Recognition

Tara Vasdani on Choosing Remote: It's Avant Garde & It's the Future of Work

122 Stories To Learn About Futurism

3 Social Media Marketing Predictions for The 2020s

4 Things Humans NEED in an AI-Led World

4th Industrial Revolution Technology Could 'Escape Our Control'

3 Black Women of the 20th Century Who Deserve More Recognition

Tara Vasdani on Choosing Remote: It's Avant Garde & It's the Future of Work

122 Stories To Learn About Futurism

3 Social Media Marketing Predictions for The 2020s

4 Things Humans NEED in an AI-Led World

4th Industrial Revolution Technology Could 'Escape Our Control'

Light-Mode

Classic

Newspaper

Minty

Dark-Mode

Neon Noir

Minty

HN StartUps