Topic: Binary Cobol

2 chapters across the catalog

Breaking News: Ted Kennedy Is Dead
Episode 125 45:06 - 46:42

125: Breaking News: Ted Kennedy Is Dead

Binary COBOL, Trading Speed and FBI Intervention

The technical nature of high-frequency trading software is discussed, with a focus on the speed of execution and the use of low-level code. The FBI's rapid arrest of the software programmer is contrasted with their typically slow investigation process, suggesting that Goldman Sachs has a "red phone" line to federal law enforcement to protect their proprietary algorithms.

The Vivek Kundra "Hollow" Deck
Episode 121 35:10 - 43:24

121: The Vivek Kundra "Hollow" Deck

Human Computer Interface, Skip Logic and COBOL Buzzwords

Vivek Kundra predicts a shift in the human-computer interface, moving away from "binary or COBOL ways" of interaction toward more intuitive systems like a Star Trek holodeck. He uses technical terms such as "skip logic" and "bandwidth constraints" to describe software architecture. Critics mock the use of these terms, noting that skip logic is a basic telemarketing survey tool rather than a revolutionary computing concept.