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Hedge fund genius Dr. Alex Hoffmann has racked in billions by tapping artificial intelligence programs that predict financial market fluctuations with almost miraculous accuracy. All goes well with his world-beating system until one morning an intruder penetrates his high security Lake Geneva mansion, setting off panic that will soon reverberate throughout the world. A brilliant new millennium thriller delivered with an urgency that feels quite real. Editor's recommendation.
— Sessalee Hensley
If fiction often prompts us to consider who we are, then science fiction, horror, and crime novels typically confront us with who — or what — we might become: victim or villain, god or monster. Robert Harris seems an unlikely writer to take on this murky question. In novels such as Enigma, Pompeii, and Ghost, he appears to prefer the solid ground of historical and political fact to the slippery terrain of philosophical speculation. But Harris, like many of his characters, has a sly and daring side to him. In Fatherland, for example, he imagined a postwar Britain ruled by victorious Nazis, and in Archangel, a modern Russia in which Stalin still lurks.
In The Fear Index, he portrays a worldwide financial meltdown and individual mental breakdown while paying homage to Darwin's writings, Mary Shelley's Frankenstein, George Orwell's 1984, and the cyber vision of Bill Gates. The result is an oddly triumphant hybrid: an irresistible thriller that is also a disquieting meditation on the nature of man and of man's creations.
"All his life he had seen things faster than other people," Harris writes of his protagonist, Alex Hoffmann, a physicist obsessed with the creation of "autonomous machine reasoning?an algorithm that would learn what to look for?and then teach itself what to look for next." Hoffmann, who previously worked on the Large Hadron Collider, is now the genius behind Hoffmann Investment Technologies, a Geneva-based hedge fund run by Hugo Quarry, a British financier and Hoffmann's sole intimate, apart from his wife. "[H]e did not have friends, but the corollary of his solitariness, he had always assumed, was that he did not have enemies either."
Nevertheless, Hoffmann wakes one night to find a murderous intruder in his Geneva mansion. He is knocked unconscious, his assailant flees, and Swiss police begin a dilatory investigation. Within hours, reason yields to paranoia as Hoffmann learns that he may be an unwitting agent of the malevolence invading his personal and professional life. Vixal-4, the algorithm he created to capitalize on the interplay between fear and market volatility, embarks on an apparently cataclysmic series of trades that could paralyze international markets while generating billions in profit for the Hoffmann/Quarry fund. "They had created King Midas out of silicon chips," Quarry muses as financial and political instability spreads, "in what way was its phenomenal profitability not in their human interest?"
Harris vividly depicts the weirdly enchanted world of the computer-enslaved office, staffed by "a ghost army of PhDs," and the tidal forces it rides, "the seven-hundred-trillion-dollar ocean of stocks and bonds, currencies and derivatives that rose and fell ceaselessly against each other day after day?." Yet he never loses sight of Hoffmann, a frail loner who must confront not only a flesh-and-blood killer but also, in the novel's gothic denouement, an intelligent, self-governing machine. "There was something about the absorbed and independent purposefulness of the scene that he found unexpectedly moving," Harris writes of the computerized cortex at work, "as he supposed a parent might be moved by witnessing a child for the first time unselfconsciously at large in the world." Is this one of Darwin's "incipient species" or a genius-spawned monster? Harris leaves us with that question and, above all, with a sense of pity and horror at the vulnerability of humanity and of the treacherous financial markets on which the species depends.
Anna Mundow writes "The Interview" and the "Historical Novels" columns for The Boston Globe and is a contributor toThe Irish Times.
Reviewer: Anna Mundow
The story is well told with the exception of the biggest part. We are to believe that computer have taken over after the main character begins having a very strange day and murders a man who he supposedly hired to attack him. We are never told in any credible fashion how this alternate computer universe came into being. Suggestions are made, but they do not support the conclusion. A variety of clandestine events had taken place, yet who put them into action? No credible answer is given. My vote is 3 1/2 stars, rounded up to 4. My computer gives it 5 stars!
1 out of 1 people found this review helpful.
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Posted March 30, 2012
The plot is one we have run into before: computer technology created by man becomes uncontrollable and runs amok - remember Hal? This book though adds a new twist by bringing in wall street trading. Decent enough book but the characters do things that are hard to fathom, like the main character's wife turning on him immediately when the computer acting as him does some bizarre things. In any event, I am a Robert Harris fan and didn't have any trouble finishing the book even though this one wasn't up to his other efforts.
1 out of 1 people found this review helpful.
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Posted March 24, 2012
I enjoyed it a lot.
1 out of 1 people found this review helpful.
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Posted March 11, 2012
Intoxicating mixture of science, technology, greed, and the psychology of fear. I couldn't put it down.
1 out of 1 people found this review helpful.
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Posted March 10, 2012
Really a sifi "story" because the author was "carried away" with the idea and gave the computer a "vendetta" persona ....
Helpful insight to what goes on in the real world of high stakes finance.....
1 out of 1 people found this review helpful.
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Posted February 7, 2012
I thought the book was good overall. I love the stock market and the story had alot of stock market and securities examples that were really dead on.
1 out of 2 people found this review helpful.
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Posted February 6, 2012
Such a letdown from the author of The Ghost Writer! The plot is labored, the characters are dull, the ending is flat, and the concept is both uninteresting and absurd. As one who is interested in Wall Street, the world of international finance, and espionage/thrillers, I was sorely disappointed.
1 out of 4 people found this review helpful.
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Posted May 4, 2012
The book started well and a good pace. It had some points where one questions "whodunit", but for me, it had a disappointing ending.
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Posted April 28, 2012
Harris did a great job of keeping the suspense going, and the development of the main character was fascinating. I figured out how he might end the novel and was disappointed when I was right. The writing style is very compelling, and I thoroughly enjoyed the book. I would be intersted to read his other works based on the pace and suspense of this one.
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Posted April 4, 2012
Thays very good Willowscare...bow my head slightly...but make sure to use the correct stanse for the coreect prey..mice will hear you first..while a rabbit will feel you in the ground...
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Posted February 27, 2012
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Overview
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 ...