3 ms·
>Imagine all the engineering being put into ads, tracking and hft instead of, I dont know, engine emission control or educational programs for kids. Not everyb
by logicchains 6y ago
>Imagine all the engineering being put into ads, tracking and hft instead of, I dont know, engine emission control or educational programs for kids.
Not everybody cares about those things, in fact I'd wager the majority of people I know in HFT would be bored to tears at the thought of working on emission control or children's education programs. What gives you the right to decide how other people should spend their time?
- rvense 6y agoThis is a strange argument. You are arguing that HFT has a big effect on society (ie. the rest of us), but at the same time you are saying that society should not have a say in how or indeed if HFT is conducted?
- logicchains 6y ago>You are arguing that HFT has a big effect on society (ie. the rest of us) Where am I arguing this?
- rightbyte 6y agoI am not saying I would want to draft Goldman Sachs programmers into digging ditches. I have worked with ECU development and there are low hanging fruit to optimize for there if the effort, brainpower and money was put into it. I just wish that more effort was put into "low margin" classical industrial design than artificial top of the pyramids' algorithms, like banks and ads.
- logicchains 6y ago>I just wish that more effort was put into "low margin" classical industrial design than artificial top of the pyramids' algorithms, like banks and ads. Much of the development of high-performance network switches has been driven by HFT. I doubt Metamako would have been created if HFT wasn't around as a customer.
- rightbyte 6y agoSure. I mean HFT is not destructive or evil or anything (not sarcasm btw). It is more about what fields are lucrative for programmers versus the benefit for socaity. This is just whining of course I am not saving children at work either.
- Wingman4l7 6y agoI feel like that is saying that "high-speed cameras would never have been developed if we hadn't needed them in surveillance planes to plan for bombing runs". Seems like a lack of creativity in coming up with alternate, "better" use-cases that would still create a demand for the same technology. High speed cameras are useful for, say, factory automation and crash-testing. High-performance network switches could be used in robotic tele-surgery and protein-folding supercomputers.