The Fear Index
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The Fear Index

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$7.99
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Vintage
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ROBERT HARRIS is the author of Fatherland , Enigma , Archangel , Pompeii , Imperium and The Ghost , all of which were international bestsellers. His work has been translated into thirty-seven languages. After graduating with a degree in English from Cambridge University, he worked as a reporter for the BBC's Panorama and Newsnight programmes, before becoming political editor of the Observer and subsequently a columnist on the Sunday Times and the Daily Telegraph . He is married to Gill Hornby and they live with their four children in a village near Hungerford. --This text refers to an out of print or unavailable edition of this title. Excerpt. © Reprinted by permission. All rights reserved. Learn from me, if not by my precepts, at least by my example, how dangerous is the acquirement of knowledge, and how much happier that man is who believes his native town to be the world, than he who aspires to become greater than his nature will allow. —Mary Shelley, Frankenstein (1818)Dr. Alexander Hoffmann sat by the fire in his study in Geneva, a half-smoked cigar lying cold in the ashtray beside him, an anglepoise lamp pulled low over his shoulder, turning the pages of a first edition of The Expression of the Emotions in Man and Animals by Charles Darwin. The Victorian grandfather clock in the hall was striking midnight but Hoffmann did not hear it. Nor did he notice that the fire was almost out. All his formidable powers of attention were directed onto his book.He knew it had been published in London in 1872 by John Murray & Co. in an edition of seven thousand copies, printed in two runs. He knew also that the second run had introduced a xadmisprint—“htat”—on page 208. As the volume in his hands contained no such error, he presumed it must have come from the first run, thus greatly increasing its value. He turned it round and inspected the spine. The binding was in the original green cloth with gilt lettering, the spine-ends only slightly frayed. It was what was known in the book trade as “a fine copy,” worth perhaps $15,000. He had found it waiting for him when he returned home from his office that evening, as soon as the New York markets had closed, a little after ten o’clock. Yet the strange thing was, even though he collected scientific first editions and had browsed the book online and had in fact been meaning to buy it, he had not actually ordered it.His immediate thought had been that it must have come from his wife, but she had denied it. He had refused to believe her at first, following her around the kitchen as she set the table, holding out the book for her inspection.“You’re really telling me you didn’t buy it for me?”“Yes, Alex. Sorry. It wasn’t me. What can I say? Perhaps you have a secret admirer.”“You are totally sure about this? It’s not our anniversary or anything? I haven’t forgotten to give you something?”“For God’s sake, I didn’t buy it, okay?”It had come with no message apart from a Dutch bookseller’s slip: “Rosengaarden & Nijenhuise, Antiquarian Scientific & Medical Books. Established 1911. Prinsengracht 227, 1016 HN Amsterdam, The Netherlands.” Hoffmann had pressed the pedal on the waste bin and retrieved the bubble wrap and thick brown paper. The parcel was correctly addressed, with a printed label: “Dr. Alex- ander Hoffmann, Villa Clairmont, 79 Chemin de Ruth, 1223 Colxadogny, Geneva, Switzerland.” It had been dispatched by courier from Amsterdam the previous day.After they had eaten their supper—a fish pie and green salad prepared by the housekeeper before she went home—Gabrielle had stayed in the kitchen to make a few anxious last-minute phone calls about her exhibition the next day, while Hoffmann had retreated to his study clutching the mysterious book. An hour later, when she put her head round the door to tell him she was going up to bed, he was still reading.She said, “Try not to be too late, darling. I’ll wait up for you.”He did not reply. She paused in the doorway and considered him for a moment. He still looked young for forty-two, and had always been more handsome than he realised—a quality she found attractive in a man as well as rare. It was not that he was modest, she had come to realise. On the contrary: he was supremely indifferent to anything that did not engage him intellectually, a trait that had earned him a reputation among her friends for being downright bloody rude—and she quite liked that as well. His preternaturally boyish American face was bent over the book, his spectacles pushed up and resting on the top of his thick head of light brown hair; catching the firelight, the lenses seemed to flash a warning look back at her. She knew better than to try to interrupt him. She sighed and went upstairs.Hoffmann had known for years that The Expression of the Emotions in Man and Animals was one of the first books to be published with photographs, but he had never actually seen them before. Monochrome plates depicted Victorian artists’ models and inmates of the Surrey Lunatic Asylum in various states of emotion—grief, despair, joy, defiance, terror—for this was meant to be a study of Homo sapiens as animal, with an animal’s instinctive responses, stripped of the mask of social graces. Born far enough into the age of science to be photographed, their misaligned eyes and skewed teeth nonetheless gave them the look of crafty, superstitious peasants from the Middle Ages. They reminded Hoffmann of a childish nightmare—of grown-ups from an old-fashioned book of fairy tales who might come and steal you from your bed in the night and carry you off into the woods.And there was another thing that unsettled him. The bookseller’s slip had been inserted into the pages devoted to the emotion of fear, as if the sender specifically intended to draw them to his attention: The frightened man at first stands like a statue motionless or breathless, or crouches down as if instinctively to escape observation. The heart beats quickly and violently, so that it palpitates or knocks against the ribsxa0.xa0.xa0. Hoffmann had a habit when he was thinking of cocking his head to one side and gazing into the middle distance, and he did so now. Was this a coincidence? Yes, he reasoned, it must be. On the other hand, the physiological effects of fear were so directly relevant to VIXAL-4, the project he was presently involved in, that it did strike him as peculiarly pointed. And yet VIXAL-4 was highly secret, known only to his research team, and although he took care to pay them well—$250,000 was the starting salary, with much more on offer in bonuses—it was surely unlikely any of them would have spent $15,000 on an anonymous gift. One person who certainly could afford it, who knew all about the project and who would have seen the joke of it—if that was what this was: an expensive joke—was his business partner, Hugo Quarry, and Hoffmann, without even thinking about the hour, rang him.“Hello, Alex. How’s it going?” If Quarry saw anything strange in being disturbed just after midnight, his perfect manners would never have permitted him to show it. Besides, he was accustomed to the ways of Hoffmann, “the mad professor,” as he called him—and called him it to his face as well as behind his back, it being part of his charm always to speak to everyone in the same way, public or private.Hoffmann, still reading the description of fear, said distractedly, “Oh, hi. Did you just buy me a book?”“I don’t think so, old friend. Why? Was I supposed to?”“Someone’s just sent me a Darwin first edition and I don’t know who.”“Sounds pretty valuable.”“It is. I thought, because you know how important Darwin is to VIXAL, it might be you.”“ u2009’Fraid not. Could it be a client? A thank-you gift and they’ve forgotten to include a card? Lord knows, Alex, we’ve made them enough money.”“Yeah, well. Maybe. Okay. Sorry to bother you.”“Don’t worry. See you in the morning. Big day tomorrow. In fact, it’s already tomorrow. You ought to be in bed by now.”“Sure. On my way. Night.” As fear rises to an extreme pitch, the dreadful scream of terror is heard. Great beads of sweat stand on the skin. All the muscles of the body are relaxed. Utter prostration soon follows, and the mental powers fail. The intestines are affected. The sphincter muscles cease to act, and no longer retain the contents of the bodyxa0.xa0.xa0. Hoffmann held the volume to his nose and inhaled. A compound of leather and library dust and cigar smoke, so sharp he could taste it, with a faint hint of something chemical—xadformaldehyde, perhaps, or coal gas. It put him in mind of a nineteenth-century laboratory or lecture theatre, and for an instant he saw Bunsen burners on wooden benches, flasks of acid and the skeleton of an ape. He reinserted the bookseller’s slip to mark the page and carefully closed the book. Then he carried it over to the shelves and with two fingers gently made room for it between a first edition of On the Origin of Species , which he had bought at auction at Sotheby’s in New York for $125,000, and a leather-bound copy of The Descent of Man that had once belonged to T. H. Huxley.Later, he would try to remember the exact sequence of what he did next. He consulted the Bloomberg terminal on his desk for the final prices in the United States: the Dow Jones, the S&P 500 and the xadNASDAQ had all ended down. He had an email exchange with Susumu Takahashi, the duty dealer in charge of execution on VIXAL-4 overnight, who reported that everything was functioning smoothly, and reminded him that the Tokyo Stock Exchange would reopen in less than two hours’ time following the annual three-day Golden Week holiday. It would certainly open down, to catch up with what had been a week of falling prices in Europe and the United States. And there was one other thing: VIXAL was proposing to short another three million shares in Procter & Gamble at $62 a share, which would bring their overall position up to six million—a big trade: would Hoffmann approve it? Hoffmann emailed “OK,” threw away his unfinished cigar, put a fine-meshed metal guard in front of the fireplace and switched off the study lights. In the hall he checked to see that the front door was locked and then set the burglar alarm with its four-digit code: 1729. (The numerals came from an exchange between the mathematicians G. H. Hardy and S. I. Ramanujan in 1920, when Hardy went in a taxi cab with that number to visit his dying colleague in hospital and comxadxadplained it was “a rather dull number,” to which Ramanujan responded: “No, Hardy! No, Hardy! It is a very interesting number. It is the smallest number expressible as the sum of two cubes in two different ways.”) He left just one lamp lit downstairs—of that he was sure—then climbed the curved white marble staircase to the bathroom. He took off his spectacles, undressed, washed, brushed his teeth and put on a pair of blue silk pyjamas. He set the alarm on his mobile for six thirty, registering as he did so that the time was then twenty past twelve.In the bedroom he was surprised to find Gabrielle still awake, lying on her back on the counterpane in a black silk kimono. A scented candle flickered on the dressing table; otherwise the room was in darkness. Her hands were clasped behind her head, her elbows sharply pointed away from her, her legs crossed at the knee. One slim white foot, the toenails painted dark red, was making impatient circles in the fragrant air.“Oh God,” he said. “I’d forgotten the date.”“Don’t worry.” She untied her belt and parted the silk, then held out her arms to him. “I never forget it.” --This text refers to an out of print or unavailable edition of this title. Christopher Reich Reviews The Fear Index Is there a genre of fiction that Robert Harris has not mastered? His first novel, Fatherland , set in a triumphant Germany’s post-World War II Berlin (yes, triumphant!) ranks as one of the finest “what if?” stories ever written. Pompeii sends us farther back in time, to the slopes of Mt. Vesuvius only days before the volcano was set to erupt. Ancient Rome at its pulpiest. Who knew aqueducts could be so sexy? The Ghost Writer (winner of the 2008 International Thriller Writers award for Best Novel) claims the shadowy world of contemporary North Atlantic politics as its subject. Classy Brit espionage best enjoyed with a gin and tonic in hand. All were international bestsellers. All were page-turners non-pareil. But best, all were frighteningly intelligent. Thrillers that made you think as you maddeningly bit your nails. With The Fear Index , Mr. Harris has turned his gimlet eye on the secret world of billion dollar hedge funds, namely those that seek to earn profits by computer driven program trading. The result is a wholly unique entertainment: a strange, compelling, and utterly propulsive novel. I’m not sure who would enjoy it more: George Soros, Arthur C. Clarke or Edgar Allen Poe. The story takes place over a tumultuous twenty-four hour period in the life of Dr. Alexander Hoffmann, computer scientist, mathematical genius, and, of late, hedge fund billionaire. It begins (as a fine thriller should) on a dark and stormy night when Hoffmann is awoken by an intruder inside his sixty million dollar villa on the shores of Lake Geneva. A confrontation occurs, Hoffmann is injured, and in his attempt to solve just how someone was able to gain entry into his well-guarded palace, Hoffmann comes face to face with the greatest danger he can imagine: himself. Or perhaps it’s more accurate to say: his intellect. To reveal more would ruin the adventure...and adventure it is. There is, however, a backstory. Hoffmann was not always a stock trader. He began his career as a computer scientist at CERN (European Organization for Nuclear Research) where his work in artificial intelligence involved modeling sophisticated algorithms that programmed computers to teach themselves. It is this mastery of algorithms, and how they train computers to mimic human behavior, that he has turned to such profitable use at Hoffmann Investment Technologies. And it is this mastery that will come to haunt him. What Harris does so admirably--in my mind, better than any other writing today--is intertwine nifty, page turning plots with important historical, political, or in this case, sociological questions. The late Michael Crichton did this kind of story well. In The Fear Index , Robert Harris does it fantastically. --This text refers to an alternate kindle_edition edition. From Booklist *Starred Review* If there’s anything Harris can’t write, he hasn’t revealed it yet. He’s equally confident with alternate history (Fatherland, 1992), ancient history (Pompeii, 2003, and the Cicero trilogy), WWII thrillers (Enigma, 1995), and contemporary intrigue (The Ghost, 2007). Now he turns in another masterful performance with this story of an artificial-intelligence researcher whose breakthrough in hedge-fund speculation seems to have led to a plot to discredit him, not to mention driving him insane. But as Dr. Alex Hoffman tries, increasingly frantically, to find out who has it in for him, we slowly begin to realize that he has no conception of just how clever the plot against him really is. In less sure hands, the story might have come off seeming either wildly implausible or just plain silly, but Harris displays a magician’s talent for misdirection, focusing our attention on one thing while doing something else behind our backs. Full of sharply drawn characters and artfully revealed surprises—and a big dose of paranoia—the book is a first-class page-turner. HIGH-DEMAND BACKSTORY: The multitalented Harris throws another bull’s-eye. His built-in audience stands to grow still larger this time, fueled by strong reviews, word of mouth, and extensive marketing support. --David Pitt --This text refers to an alternate kindle_edition edition. “A pulse-pounding tale.”xa0— New York Post “Robert Harris is at the top of his game.” — The Oregonian “Harris delivers a superbly entertaining read for our time.” — Newsweek “A fiendish little tale that has the body of Mary Shelley’s Frankenstein with the head of Stanley Kubrick’s HAL from 2001: A Space Odyssey bolted on top . . . It doesn’t take a super-computer to know The Fear Index is a worthwhile investment of your time.” — USA Today “Harris has shown himself a master of the thriller form, regardless of context . . . Readers may find themselves lying awake at night unsettled by the story.” — The Wall Street Journal “Fleet-footed . . . Weaving copious research into a breathless narrative, much as he did in his historical best sellers, Fatherland and Pompeii, Harris in the opening chapters does an agile job of limning the elite world inhabited by Dr. Alexander Hoffmann . . . He expertly conjures a paranoid world where everyone seems to be watching everyone else.”xa0 — The New York Times “Eerily troubling. . . . The Fear Index has enough suspense, cleverness and spookiness to warrant being added to your portfolio—er, I mean, your library.” —Dennis Drabelle, The Washington Post Book World “Harris’s brisk, movie-ready yarn may make you reconsider your mattress as a retirement-fund option.” — Entertainment Weekly “Harris is a master of pacing—the story moves swiftly while never feeling rushed, and the tension increases subtly chapter by chapter.”xa0 — Bloomberg News “Let it never be said again that high finance is boring. With a satirist’s eye for detail and a note-perfect instinct for pacing, Robert Harris brings the Geneva banking scene to ominous life in his twisty new thriller. . . . So perfectly paced it should be read with a bag of popcorn.” — Newsday “In The Fear Index , Harris creates from the thin air of cyberspace a financial thriller that's likely to unsettle the reader when Wall Street bells toll. . . . . The High Noon –type showdown . . . brings the tale to a stunning and disturbing finish.” xa0— San Francisco Chronicle “Gothic horror. . . . [with] a high-tech twist.”xa0 — The New York Times Book Review “If you want to get a feel for one of the most important transformations in our world today, read The Fear Index . Harris has been widely praised for his adept portrayal of the hedge fund universe. . . .”xa0 — The Globe and Mail (Toronto) “As addictive as any thriller written. Pick this up on an airplane, and you won’t want to land.” — Reuters “What Harris does so admirably—in my mind, better than any other writing today—is intertwine nifty, page turning plots with important historical, political, or in this case, sociological questions.xa0 The late Michael Crichton did this kind of story well. In The Fear Index, Robert Harris does it fantastically.” —Christopher Reich, bestselling author of Rules of Betrayal “Like the best novels of this genre, it offers something to chew on—and it’s entertaining.” — The Washington Times “Harris’s outstanding thriller, a worthy successor to Frankenstein and 2001: A Space Odyssey, will kindle readers’ minds from the first page. Get ready to enjoy a brilliant integration of fascinating research, compelling themes, and vivid characterization.” — Library Journal (starred)xa0“Full of sharply drawn characters and artfully revealed surprises—and a big dose of paranoia—the book is a first-class page-turner.” — Booklist (starred) --This text refers to an alternate kindle_edition edition. Read more

Features & Highlights

  • At the nexus of high finance and sophisticated computer programming, a terrifying future may be unfolding even now.   Dr. Alex Hoffmann’s name is carefully guarded from the general public, but within the secretive inner circles of the ultrarich he is a legend. He has developed a revolutionary form of artificial intelligence that predicts movements in the financial markets with uncanny accuracy. His hedge fund, based in Geneva, makes billions. But one morning before dawn, a sinister intruder breaches the elaborate security of his lakeside mansion, and so begins a waking nightmare of paranoia and violence as Hoffmann attempts, with increasing desperation, to discover who is trying to destroy him.   Fiendishly smart and suspenseful,
  • The Fear Index
  • gives us a searing glimpse into an all-too-recognizable world of greed and panic. It is a novel that forces us to confront the question of what it means to be human—and it is Robert Harris’s most spellbinding and audacious novel to date.

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Most Helpful Reviews

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Cyber space odyssee

Fear plays a role in evolution. Most chapters of this financial sci-fi thriller are prefaced by a quote from Darwin or Dawkins. Other quotes are from IT gurus.
Fear in this story appears in multiple shape, such as fear of a stock crash, fear of debtor default. And much more.

The main character is a superrich 'financial engineer'. He is very successful with an investment algorithm based on fear symptoms in the public. He is obsessed with developing an artificial intelligence with learning abilities. He prefers the term AMR (autonomous machine reasoning) over AI.

We are in Geneva, the city where Sissi died and where the Higgs boson was found. On the evening of the start of the novel, the hero wonders who sent him the first edition of a Darwin book (Expression of emotion in man and animal) with a marker in a page illustrating fear in humans.

That same night, the man surprises a burglar in his villa and gets whacked on the head with a fire extinguisher. The brain scan shows some unclear spots which need to be further investigated to remove uncertainty. Is it a pre-existing condition?
After just a few chapters, we have seen fear in all shapes. We have gone through the physical fear of the burglar, the fear of an injury, the fear of a prior brain condition. The fear of losing his wife, of his marriage breaking up. When our man looks out of his car and believes he saw the burglar looking out of a tram, he fears he has gone mad.

The suspense is based on uncertainty about the nature of the problem. We do not understand what is happening for some time. Is it a conspiracy? Or a case of plain fraud and whodunnit? Or identity theft for other reasons? Or is our genius a nut case?
Unfortunately, Harris does not succeed in keeping up the suspense till the end. Somewhere after four fifth he loses steam, at the time when the pure action heats up. Maybe unavoidable with this plot.

Harris has written some excellent thrillers (most recent one was The Ghost, filmed by Polanski) and some good novels about ancient Rome, mainly about Cicero. He is worth following. This novel here is interesting but ultimately not entirely satisfying.
8 people found this helpful
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A Very Interesting Premis, but Fizzled

Unfortunately this book took a really interesting premis and did nothing with it. There was plenty to work with: artificial intelligence, financial trading algorithms (such as those exposed in the non-fiction book Flash Boys), and the human elements of greed and fear, but after a strong start, things just fizzled.

Without inserting spoilers here, by the end of the book I was still wondering why (the deeper why, not the facile "why" so briefly mentioned) did all of those events happen to the main character...? The novel had a point: the dangers of AI and algorithmic trading (plus the greed and fear), and it was unclear why the author basically jettisoned that theme to go off on a tangent about an under-developed and unlikable character. It's too bad, because if the other themes had been developed, I believe the author could have said something new about them.
6 people found this helpful
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the fear index

I've read and enjoyed every book this bloke has ever written. He has a very, very deft touch. So what happened here?? Was he outside his comfort zone of history-based novels? This was a very, very disappointing,underdeveloped, poorly characterized novel. Thoroughly unlikable people populate the book--every single character is unpleasant. And concerning his charmer of a wife, don't even get me started on that wack job. If there was ever a case of buyer's remorse, I have it. What a waste of $13.00.
3 people found this helpful
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Good story

This was a change in setting from the other novels I have read by Robert Harris, but it was a good read nonetheless. Anyone who is interested in artificial intelligence would enjoy the plot. It resembles 2001: A Space Odyssey in a financial setting involving algorithmic computer stock trading, and a program that has been written to assess fear, and perhaps, generate some of that fear on its own.
1 people found this helpful
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A great read!

This novel keeps you on the edge of your seat as you begin to realize that something really catastrophic may be happening. But you still aren't sure exactly what has happened. What is real? A great read!
1 people found this helpful
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range from the pompous Cicero trilogy - which are essentially unreadable in their tedium - to the great Fatherland, Pompeii

I hugely admire Robert Harris; he can write as well as any craftsman alive (well, Hilary Mantel and Ian McEwan etc. excepted). His books, though, range from the pompous Cicero trilogy - which are essentially unreadable in their tedium - to the great Fatherland, Pompeii, and recently, the very, very good take on the Dreyfus affair. The good ones are really good: until the Fear Index, I had assumed that he would just grind out more boring Cicero novels until he got around to writing in his metier: historical recreations with a twist of some sort.

Sorry to say, the Fear Index is a half baked effort - seemingly written quickly - at getting back in the game of the popular novel. The Cicero books have not sold well and Harris has at least two large houses (according to various sources) to support along with the usual upper middle class expenses. Production and sales are important. This book seems to be a quickie effort to get some revenue in the bank while the author continues his tedious march through plotless Rome.

The first 2/3 works; but it is slow. It describes a crime in Geneva, and the efforts of a very well heeled computer genius hedge fund manager to deal with them. We plod along with lots of description and exposition about high frequency trading (albeit, given in an unconvincing manner, as if the author isn't really sure what he is talking about.)

The final third is where all of the action is. So, we have a dramatic structure that violates the cardinal rules of plot construction: there needs to be three acts: here, there is one long set up and then a short denouement, in which there is no basic explanation, just an odd set of circumstances. This structural problem leads me to believe that the thing was written in haste. An author of this caliber, as shown recently in his truly excellent revisit to the Dreyfus affair could not be this sloppy and half hearted - one would hope - unless financial pressures were bearing hard.

(SPOILER ALERT) The concept is a really thin re-work of 2001; the "bad guy" is an autonomous machine that wreaks havoc on our hero apparently to satisfy Darwinian principles (HAL?). The machine would have been far better off, however, leaving our hero alone. This is the deep thought portion of the book, as each chapter is prefaced by a reference to "Origin of the Species" apparently gifted to our hero as a first edition by -- HAL. Why?

Anyway, the story, once it gets going is developed not at all and is over in about 50 pages. It really seems to be a work in progress that could have been something had it been given the time and effort. As it stands, the book is an incomplete and very disappointing miss from a usually very, very good author (the Cicero series excepted in this reader's view).
1 people found this helpful
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Predictable, but a fun ride nonetheless.

Although strains of Dukas' masterpiece soon begin to be heard, Harris has a reasonably good understanding of Graham's Mr. Market and all its paranoia. And while early chapters grind on, the pace picks up and the inevitable thriller peak arrives too quickly, nevertheless, the book is a better than good summer read. Indeed, the more readers loathe Wall Street, the better they will like the book. The rest of us have a sense of humor, or at least irony, and will enjoy it too.
1 people found this helpful
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A financial thriller

This is a rare book by a writer coming into the complex and hidden financial world and produce a credible thriller. It is also a warning of what is to come...or may be here already and we just do not know.
1 people found this helpful
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At least I learned a little about hedge funds.

After hearing an interview with the author on the radio several months ago, I had high hopes for this book. I've read and really enjoyed Fatherland, so I knew I was in for a good read. Meh, not so much. As other reviewers have noted, too much times is spent on Alex's wealth and the characters all seem to be pretty flat. Throughout the story, I was anticipating VIXAL to become like HAL or the house in Amityville and do what was necessary to ensure its own survival, but that certainly wasn't the case. I suppose it just permeated into the ether to perpetually build wealth for HIT? The ending left me confused. Well, at least I learned a little about hedge funds.
1 people found this helpful
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Let's Have Fun with Doomsday

Robert Harris, the writer of The Ghost, has produced yet another thoroughly entertaining work, but one laced with a thread of anxiety.

It's surprising how someone who apparently spent his entire career as a journalist and writer has managed to capture the atmospherics of modern-day financial trading. And in the manner of Tom Wolfe, Harris has taken real-life events and real people and thrown them into a sort of fictionalizing cuisinart to produce a riveting tale that touches (lightly and with a chuckle) on some of the major issues of the day: e.g., Evolution, Global Conspiracy and Finance.

The structure of the story is premised on the Flash Crash of several years ago, when the Dow Jones suddenly dropped nearly a thousand points in about a minute, in a "Flash".

But Harris, of course, is having one on a bit.

The premise has the following contours. The regular Joes and Josephines (?) of the world react with FEAR when confronted with the accelerating potential of Man-Made technology, Man-Made social policies and Man-Made conflicts to destroy… Man… and Woman… and Children… and, basically, everybody. The Fear Index, the financial algorithm at the heart of the plot-theme of this story, exploits precisely that irrational quality. The fears spawned in the endless stream of imminent apocalypses advertised in the boldface headlines of Flipboard and Pulse on the issues of the Perpetual War, Climate Change and Food Insecurity provide the algorithm with an opening. A subtle imbalance arises in the collective unconscious that the algorithm exploits like a Hapkido master. And so, there we go, tumbling through the air towards our silly and somewhat embarrassing demise. The algo goes short everything, but then u-turns to buy it all up at the bottom.

The fall is painful. Recovery is far from guaranteed.

Taking this entertainment seriously for a moment, the implication of course is that panic is worse than techno-disaster. The Fear Index is simply the tool that we have used to destroy ourselves. Harris seemingly whispers that cold British calculus would have been preferable to our ancient mammalian and somewhat plebeian tendency to wring our hands and sweat bullets at the prospect of… Y2K, pole shift, aliens, 2012, Mayan Prophecy, Bilderberg and the second shooter from the grassy knoll in Dallas.

Remain calm. Help is on the way. All we have to fear is fear itself. Forget this nonsense about conspiracy and the possibility of baroque and hidden powers.

But what if there are real risks embedded in our technologies? What if our confidence in the future really is mis-placed? What if our fears—especially if they are collective—are indeed an early warning that what is amiss now is simply the start of an accelerating and very slippery slope?

It's possible then that the Fear Index algorithm wins either way, whether quickly with our help or over the long haul… all on its own, propelled only by a hidden force.

After a few sips of wine, one comes away with the conspiratorial thought that conceiving of Man as fearful cattle is both possible and very, very effective. So is this then how our friends at the Rand Corporation conceive of us? (Of course, if there were something like a Fear Index algorithm, they will have written a memorandum or white paper on the topic already at Rand or Tavistock or the Max Planck Institute.) Social Engineering is apparently possible now with a granularity and precision that was fanciful a century ago. If I were a conspirator and social tinkerer I would, I think, very much prefer to be left alone, to tinker as I please.

I can well appreciate that from Harris' position as a member of the Royal Society of Literary Arts that the problems at the core of Fear Index may seem like little baubles and play things. So what that we are at the threshold of new technologies that will once again split man apart, aristocrats on one side, peasants on the other, technocrats over here and the great unwashed over there… as far away as possible?

The world will become TIDY once more. Why be afraid? Sounds like fun with Doomsday, because for someone out there one can be sure that Doom is just another word for Victory.

Fear Index closes with the sort of pyrotechnics that we are used to now from Dan Brown and his stories. The technology that threatened to eat us alive is...uh... dealt with adequately. (No spoiler there. We all knew where it was going to end.) All is well again, sort of.

But I am afraid that all is not well again. In case you have forgotten, George Orwell and Aldous Huxley also wrote tales about the victory of technology. We are NEARER now. The Fear Index is far more entertaining than either 1984 or Brave New World, and that ironically might be a somewhat frightening observation. I very much enjoyed reading this book. The unease came to me very much later.
1 people found this helpful