You: H.A.L.?
H.A.L.: Yeah?
You: Buy me a Credit Default Swap on Ford Motor Company to expire next year! (replace CDS with your favorite purchase that does not require visual liking; Broad band connection, mobile phone contract, airline ticket etc. )
H.A.L.: You forgot the magic word.
You: Please?
H.A.L.: Only because you asked so nicely...
We are not quite there yet, natural language processing and all those bots are not mature enough to carry out a meaningful task reliably. So what do we do instead?
We create tasteless, over crowded GUI forms. There is a fundamental problem in our understanding of Graphical User Interfaces. We just assume that they are simple and user friendly. They are not. May be they are to a new user for the first 3 days. After that, your user becomes an experienced user and clicking 12 drop downs and the next button 4 times becomes a burden.
Simply typing into the system what you are trying to do in a specific language is a lot faster for an experienced user. Anyone who watched an airline reservation operator using ALCS terminal would understand what I am talking about. It is a dumb text based terminal from 70s but it is immensely fast. Operators check tens of flights, do bookings etc. in a very short amount of time;
To display the avaliabilty for Delta Airline on 28 October between New York and Los Angeles, type something like:
AN28OCTNYCLAX/ADLSo how about the below to book a CDS;
define buy CDS "20090409001"
from 03-Apr-2010 effectiveDate 09-Apr-2010 to 03-Oct-2010 {
in LehmanHedge by Ozgur through BankOfAmerica
} notional of 3000000.0
on Ford
coupons E30_360 {
from 03-Apr-2010 to 03-Oct-2010
pay on 03-Oct-2010 rate 0.15
};
