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I was already being pedantic before so I will try to keep it at a minimum but you say "by definition" and then you go on to talk about the worlds most famous in
by kristiandupont 9y ago
I was already being pedantic before so I will try to keep it at a minimum but you say "by definition" and then you go on to talk about the worlds most famous investor as an example of why the market adjusts. I get the point, when something has value the word will spread and the advantage will disappear. But that applies to a perfect system only. When Warren Buffet does something, people hear about it. But can we agree that it's (at least, theoretically) possible for some dude to discover something and make a bot that exploits it for some small value and a limited amount of time before that effect will kick in?
Also, the implied premise here seems to be that nobody in their right mind would give up on something that made them money, hence it has to be a scam. I'd say that open source in general is a perfect example of people giving their work away for free for whatever reason. Maybe they would rather have fame (i.e. github stars), or maybe they want a developer career and see this as a way to get feedback on code they wrote. Or maybe they simply feel that the potential value they could gain from this wasn't high enough to make it interesting so they decided to set it free.