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While I agree with your point (and often use this in interview questions) that wasn't what caused the Knight Capital problem.

That was bad software engineering and deployment practices, and had nothing to do with interprability of the model (actually it had little to do with the model at all.) They repurposed a feature toggle, then misdeployed the code: http://pythonsweetness.tumblr.com/post/64740079543/how-to-lo...

I understand that this was an example, but I'm sure someone will misread it as what happened in that case.




Yep - meant it as an example of a general catastrophic software glitch rather than a ML algorithm gone haywire.




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