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Wouldn't working with systems that keep the largest stock exchange for the largest economy in the world running where a simple mistake can cause "mayhem" when t

Wouldn't working with systems that keep the largest stock exchange for the largest economy in the world running where a simple mistake can cause "mayhem" when the market opens be considered more "tangible" than working in AI or on self-driving cars? It just doesn't have as much street cred as working on those particular projects in the tech community.

dylan604 4y ago
Not necessarily. If you're the type that's into finance, then sure, that might get you out of bed in the morning. I'm not into finance and kind stand the culture that surround finance. Yes, it's big and touches every single one of us, but doesn't mean I want to embrace it and go to work in it every day. If I can take that same skill set and apply it to something with a much better culture surrounding it that affects people in a positive way, then I would definitely choose that over finance any day of the week and twice on Sunday. At the end of the day, if the NYSE did not exist, the world would continue to turn. It's just not that big of a deal to a heck of a lot of people.
- yibg 4y ago
  Will the world stop turning if people stopped working on self driving cars or AI?
  - dylan604 4y ago
    i'm guessing you're trying to make a point here, but care to elaborate on what it is? i think you well know the answer to the question
- idiotsecant 4y ago
  >if the NYSE did not exist, the world would continue to turn This is startlingly ignorant of the complex machine that is the modern economic system. If something like the NYSE was to shut down today it would be pandemonium. There is a difference between 'I don't understand how something works' and 'I don't understand how something works, so it is worthless'. The former is healthy and the first step to understanding, the latter is ignorant, and the first step to getting more ignorant.
  - barbishkoolaid 4y ago
    Relax, Ayn Rand cum True Believer complex. The current state of business within the current iteration of how people interact with one another isn’t some necessity. Yes, the world may fall apart for a relatively brief moment in the grand scheme of things — but then life will go on. The first step to understanding this is to drop the superiority complex. Very little is actually needed to keep the world turnin.
    - DontchaKnowit 4y ago
      I actually think both you and the guy you are arguing with are half correct. The real answer here, in my opinion, is that yes there would be pandemonium, and then yes, the world would go on without it, but then something else just like it will pop up. And that is because a liquid market for financial assets (whether that is securities, options on securities, futures, etc) will always be a massive benefit to the ability of businesses to conduct business, and the ability of individuals to preserve and increase wealth.
    - Razengan 4y ago
      Exactly. Our current implementations of resource rationing isn't some fundamental of reality, or even needed by human society just 1-2 centuries ago.
- godshatter 4y ago
  I was remarking on the key word "tangible", not trying to express an opinion one way or the other on financial institutions. Accidentally forgetting to do something and ending up in the news because you caused havoc when the markets opened the next morning is more "tangible" (able to touch things directly) than working on AI or self-driving cars, at least currently. Certainly working in either of those fields might provide more benefits down the line.
- kasey_junk 4y ago
  All of my “culture” experience working in finance were uniformly better than pure tech. The movie portrayals don’t match my experiences at all and I saw a lot more bad behavior in the tech companies I worked for. Heck I saw more people working for the intellectual challenge of it in trading than I did in SV style tech firms where money drove nearly every decision. It’s really hard for me to buy that SV style tech companies are a better place to work when for the last 2 decades the business models that have been front and center are panopticon style tracking to sell ads and legal arbitrage.
  - dylan604 4y ago
    Oh, don't get me wrong. I pretty much abhor SV/VC culture too. It's why I don't have one inkling of a notion to work on either coast for the "big" corps. It's not an either or, I can hate both ;-) I'm a big boy and get to make up my own mind on the matter.

dylan604 4y ago

Not necessarily. If you're the type that's into finance, then sure, that might get you out of bed in the morning. I'm not into finance and kind stand the culture that surround finance. Yes, it's big and touches every single one of us, but doesn't mean I want to embrace it and go to work in it every day. If I can take that same skill set and apply it to something with a much better culture surrounding it that affects people in a positive way, then I would definitely choose that over finance any day of the week and twice on Sunday. At the end of the day, if the NYSE did not exist, the world would continue to turn. It's just not that big of a deal to a heck of a lot of people.

yibg 4y ago
Will the world stop turning if people stopped working on self driving cars or AI?
- dylan604 4y ago
  i'm guessing you're trying to make a point here, but care to elaborate on what it is? i think you well know the answer to the question
idiotsecant 4y ago
>if the NYSE did not exist, the world would continue to turn This is startlingly ignorant of the complex machine that is the modern economic system. If something like the NYSE was to shut down today it would be pandemonium. There is a difference between 'I don't understand how something works' and 'I don't understand how something works, so it is worthless'. The former is healthy and the first step to understanding, the latter is ignorant, and the first step to getting more ignorant.
- barbishkoolaid 4y ago
  Relax, Ayn Rand cum True Believer complex. The current state of business within the current iteration of how people interact with one another isn’t some necessity. Yes, the world may fall apart for a relatively brief moment in the grand scheme of things — but then life will go on. The first step to understanding this is to drop the superiority complex. Very little is actually needed to keep the world turnin.
  - DontchaKnowit 4y ago
    I actually think both you and the guy you are arguing with are half correct. The real answer here, in my opinion, is that yes there would be pandemonium, and then yes, the world would go on without it, but then something else just like it will pop up. And that is because a liquid market for financial assets (whether that is securities, options on securities, futures, etc) will always be a massive benefit to the ability of businesses to conduct business, and the ability of individuals to preserve and increase wealth.
  - Razengan 4y ago
    Exactly. Our current implementations of resource rationing isn't some fundamental of reality, or even needed by human society just 1-2 centuries ago.
godshatter 4y ago
I was remarking on the key word "tangible", not trying to express an opinion one way or the other on financial institutions. Accidentally forgetting to do something and ending up in the news because you caused havoc when the markets opened the next morning is more "tangible" (able to touch things directly) than working on AI or self-driving cars, at least currently. Certainly working in either of those fields might provide more benefits down the line.
kasey_junk 4y ago
All of my “culture” experience working in finance were uniformly better than pure tech. The movie portrayals don’t match my experiences at all and I saw a lot more bad behavior in the tech companies I worked for. Heck I saw more people working for the intellectual challenge of it in trading than I did in SV style tech firms where money drove nearly every decision. It’s really hard for me to buy that SV style tech companies are a better place to work when for the last 2 decades the business models that have been front and center are panopticon style tracking to sell ads and legal arbitrage.
- dylan604 4y ago
  Oh, don't get me wrong. I pretty much abhor SV/VC culture too. It's why I don't have one inkling of a notion to work on either coast for the "big" corps. It's not an either or, I can hate both ;-) I'm a big boy and get to make up my own mind on the matter.