3 ms·
It feels like the article was dictated by someone with a very strong agenda so that it reads "good, simple people found fortune trading oil and now evil compute
by tener 10y ago
It feels like the article was dictated by someone with a very strong agenda so that it reads "good, simple people found fortune trading oil and now evil computers took their jobs".
It fails to ask a number of key questions like:
1. Why unskilled random people were able to earn significant money as traders? Why is their background an excuse for inequality they were part of?
2. Who was financing their crazy earnings? Surely money didn't appear out of thin air?
3. What was the motive to hire those random people? My best guess: whoever was sponsoring their seats wanted to have a trusted partners to gather intel / pull of a scam. Either way, not exactly pretty.
4. Who exactly is now profiting instead of the old traders and how does it affect the other participants of the market?
I do wonder which PR company is behind this article and what is the ultimate motive of their client.
EDIT:
A) Forgot to add the note about deceitful graph of "New York City jobs ..." which looks like the number of jobs goes almost to zero, except it has a base level of 90k.
B) Interestingly Mr Ardizzone was sued in 2011 for an alleged scam [1]. This would support my guess from point 3.
[1] http://www.reuters.com/article/us-arcadia-lawsuit-idUSTRE74P7VU20110526 http://www.reuters.com/article/us-arcadia-lawsuit-idUSTRE74P...
- danielvf 10y agoActualy, it looks that article show Mr Ardizzone suing two people for fruadulant activity, rather than being sued himself.