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Good reasons, imho. The complexity is not (purely) a smoke screen thrown by conspiratorial insiders. Most of the harder tech HN articles would seem just as imp
by jpttsn 9y ago
Good reasons, imho. The complexity is not (purely) a smoke screen thrown by conspiratorial insiders.
Most of the harder tech HN articles would seem just as impenetrable to regular Bloomberg Terminal users.
- freeflight 9y agoThe difference being that in tech the complexity just happens as a byproduct. With the "finance industry" the complexity is not a bug, it's a feature, to keep ahead of regulators. Every time some immensely profitable "market" gets regulated the "finance industry" does it best to create a new "financial vehicle" to feed that unhinged greed for the fictional perpetual economic and financial growth. It's an endless cat&mouse game that has been going on way too long and got us into this current messy situation where the "finance industry" might just as well be considered a fantasy football league, completely decoupled from the actual day to day realities of the vast majority of human beings, yet still holding massive influence over their futures.
- jpttsn 9y agoI disagree; I think that's just a lazy way to look at an unfamiliar field. Likewise, plenty of clueless non-techies suspect techies are intentionally making tech seem complicated. Why can't Apple make a back door for the FBI and nobody else?