Citi Missed a Fat Finger
bloomberg.com
Citi Missed a Fat Finger
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#4I believe this is called an 'alert that cried wolf'.
Re: Citi Missed a Fat Finger
#5Re: Citi Missed a Fat Finger
#6"You get 711 alerts, you only see 18 of them, you are like “ehh 18 alerts is pretty much the normal number,” you override them all without reading." I believe this is called an 'alert that cried wolf'.
Re: Citi Missed a Fat Finger
#7Re: Citi Missed a Fat Finger
#8Don't worry, AI and LLMs will save us.
Re: Citi Missed a Fat Finger
#9"You get 711 alerts, you only see 18 of them, you are like “ehh 18 alerts is pretty much the normal number,” you override them all without reading." I believe this is called an 'alert that cried wolf'.
> On Tuesday, the National Transportation Safety Board said that a crash last year on the Washington subway system that killed nine people had happened partly because train dispatchers had been ignoring 9,000 alarms per week. Air traffic controllers, nuclear plant operators, nurses in intensive-care units and others do the same.
Re: Citi Missed a Fat Finger
#10"You get 711 alerts, you only see 18 of them, you are like “ehh 18 alerts is pretty much the normal number,” you override them all without reading." I believe this is called an 'alert that cried wolf'.
This is a phenomenon in so many different jobs, and is called “alarm fatigue”. From https://www.nytimes.com/2010/08/01/weekinreview/01wald.html : > On Tuesday, the National Transportation Safety Board said that a crash last year on the Washington subway system that killed nine people had happened partly because train dispatchers had been ignoring 9,000 alarms per week. Air traffic controllers, nuclear plant operators…
I've been involved in some systems that routinely spit out dozens of warnings per day. After 'fixing' some of them - maybe getting a system down to a few per week, bug reports started coming in that the system was 'broken'. Because people noticed the boxes and messages they routinely ignored were gone, and this must be a problem. Lots of re-education may need to happen on a large scale to actually 'fix' alarm fatigue across the board.