3 ms·
I hope one day speed of trade execution will depend on beating cancer. Those guys will solve it in a month.
by CmonDev 12y ago
I hope one day speed of trade execution will depend on beating cancer. Those guys will solve it in a month.
- auntienomen 12y agoAre you yourself working on a cure for cancer?
- enraged_camel 12y agoThis fallacy is called tu quoque. http://en.wikipedia.org/wiki/Tu_quoque http://en.wikipedia.org/wiki/Tu_quoque
- auntienomen 12y agoI am in fact not accusing CmonDev of hypocrisy. My point is that he very likely has good reasons for not working on a cure for cancer, such as knowing absolutely nothing about that very complicated subject. The same is true of the people who work in HFT. Frankly, "Why aren't you curing cancer instead?" ought to be a recognized logical fallacy.
- makeset 12y agoI was. HFT is an interesting and rich problem on its own, but its complexity and difficulty pale in comparison to cancer research. And I don't get this "our brightest minds wasted on HFT/adclicks/etc" argument. Research positions at universities and labs are extremely competitive. There are hordes of brilliant people beating down the door to work on the problems that matter. The bottleneck is funding. A smart person who chooses to work in a higher-paying field and contributes enough financially may well have a larger impact on overall scientific progress than doing research in person.
- shurane 12y agoI've never thought of that. But it sure feels liek there are a ridiculous number of positions in HFT/adclicks/etc compared to research in hospitals. Certainly, there is less respect attached to earning money than 'making a difference' in medical research, yes?
- mdda 12y agoIf you are male, then this financier's philanthropy may help you in the future : http://en.wikipedia.org/wiki/Michael_Milken http://en.wikipedia.org/wiki/Michael_Milken (Prostate Cancer)