Hyacinth
10th June 2008, 00:11
Supercomputer sets petaflop pace (http://news.bbc.co.uk/2/hi/technology/7443557.stm)
"We are getting closer to simulating the real world," Bijan Davari, vice president of next generation computing systems at IBM, told BBC News
It would be of particular use for calculating risk in financial markets, he said.
"The latency of the calculations is so small that for all practical purposes it is real time." With computing capacity like this there really exist no technical limits to economic planning anymore.
"We are getting closer to simulating the real world," Bijan Davari, vice president of next generation computing systems at IBM, told BBC News
It would be of particular use for calculating risk in financial markets, he said.
"The latency of the calculations is so small that for all practical purposes it is real time." With computing capacity like this there really exist no technical limits to economic planning anymore.