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Comment Re: Add Random Latency to Trades (Score 1) 90

Sure, it may provide some small value somewhere. But just as you don't have go to to the Moon to develop velcro, you don't have to create a giant financial casino to develop low-latency communications... you just invest the money on developing low-latency communications instead.

There is simply no world where it makes sense for the best and brightest kids to be spending their time figuring out how to take a tiny cut of transactions rather than building new things that will be useful to everyone.

Comment Re:Trivial to replace (Score 4, Insightful) 24

In my experience it seems that consultants are often only hired to justify things that managers can't justify. Once they hire a consultant and the consultant tells them they should do the thing they want to do, they can do it with no further justification and blame the consultants when it all goes wrong.

AI should be pretty good at that.

Comment Re:Back to pre-employment testing (Score 1) 94

I know of several companies who are avoiding hiring anyone with a degree for that reason; it's much cheaper to hire competent people without degrees than to hire people with degrees who expect much higher pay so they can pay off their loans.

But they're small to medium sized companies who aren't being strangled by HR.

Comment Re:Grades are worthless information (Score 1) 94

I've had about ten jobs since I left school and not one has ever asked for proof of my grades. I didn't even bother getting my degree certificate until I had to send a copy for a visa application; they're the only people who've ever asked to see it.

That said, it may be different now that HR has taken over running so many companies.

Comment Re:Parasites (Score 0) 90

> Anytime we want we could shut them down but we would have to change how we vote.

No major party wants to rein in the financial markets. I'm not sure about Harris, but I remember Clinton getting more donations from financial companies than Trump.

> The next time you're getting upset because somebody gave their kid puberty blockers or somebody said happy holidays ask yourself how many hours a year you worked so that you could get upset about that.

Imagine if the left had spent the last ten years pushing for reining in the financial markets instead of castrating kids.

Comment Re:Add Random Latency to Trades (Score 5, Insightful) 90

Imagine what the world could be like if we didn't take a large portion of the smartest kids in the country to have them work on how to skim 0.00001% of every financial transaction and instead employed them doing something useful instead.

History will see this as an absolutely insane waste of potential.

Comment Re:Talk about biting the hand hat feeds you. (Score 0) 118

Most of the areas where Russia is fighting are full of ethnic Russians and they literally asked for Russian peacekeepers in 2022 because Kiev kept attacking them.

And it's quite likely that Trump will soon be invading Canada to protect the Western provinces from Ottawa. I suspect he's already set that up with Carney, since it will give him the most valuable parts of the country at very little cost.

Comment Re:We have at least four years (Score 1) 30

Imagine if instead of the left spending the last ten years campaigning to ban Christmas and force women to allow men into their bathrooms, they'd been campaigning against the power of billionaires.

If the Woke left didn't exist, billionaires would have had to invent it.

Oh, hang on, in many cases they did.

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