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GS is an investment firm, their job is to find things that are under valued and cash in on the value left on the table. What else would they do with this techno
by jbob2000 10y ago
GS is an investment firm, their job is to find things that are under valued and cash in on the value left on the table. What else would they do with this technology? They aren't an agri-business, looking for a drought resistant strain of wheat. They're not a biotech company, folding proteins to cure cancer. They aren't an engineering firm, looking for a device to clean and desalinate water. They program computers to eek out another 0.1% on their portfolios.
- minipci1321 10y ago> What else would they do with this technology? Why, the same as all other hi-tech companies -- remove the human from the chain, replace them by the computers, automate processes. Will we still be able to speak about "greedy bankers" once it is all computers everywhere trading?