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Re:Numerai – A hedge fund built by a global community of ano... by delegate on Monday October 17, 2016 @01:16AM (#12722817)
> What makes you think that the people using applied statistics to make money are "unwise"?

Because it is an incredible waste of talent.

I know this is in contradiction with all the 'values' that have been drilled into our minds since we were born, but it's about time we wake up and reorder our priorities.

>Based on your tone, I would guess that it's because what they're doing doesn't agree with your folk definition of "an honest day's work" or something like that.

If you look at the state of the biosphere / atmosphere / oceans - the data - and if you have children - then it should be quite obvious.

Also there are the socio-economic challenges that the world faces right now - in fact it is unclear if we're going to make it to the next century as a species.

It really don't matter how much "money" you have in your account when your city sinks under the ocean...

Re:Numerai – A hedge fund built by a global community of ano... by kriro on Monday October 17, 2016 @07:53AM (#12724221)
The curse of Plato strikes again. You (or other eiltes) who know better than the actual people doing what they do that they waste their time and could use it in more meaningful/fruitful ways.

The fact that these people chose to spend their time doing numerai probably means that they think that's the best use of their time.

Re:Numerai – A hedge fund built by a global community of ano... by wyager on Monday October 17, 2016 @11:26AM (#12725851)
> in fact it is unclear if we're going to make it to the next century as a species.

The only way we're going to wipe ourselves out is with nukes, nanotech, or engineered viruses. Global warming is not an insurmountable concern. It will be expensive for coastal cities, though.

There's no reason we can't focus on multiple things. Global warming isn't so pressing that we need to dedicate all intellectual output to it. Every 10 or 20 years, the environmental alarmists come up with something new to obsess over (I think it was landfills previously), and they're doing it now with global warming.

Re:Numerai – A hedge fund built by a global community of ano... by hueving on Monday October 17, 2016 @01:27AM (#12722862)
>It really don't matter how much "money" you have in your account when your city sinks under the ocean..

You just move. That's what money enables. No city is going to sink so rapidly people just drown.

Re:Numerai – A hedge fund built by a global community of ano... by inimino on Monday October 17, 2016 @01:52AM (#12722926)
So you're literally arguing that we just need to focus on making money, and ignore things like the environment? Yep, sounds about like a textbook example of "unwise" to me.
Re:Numerai – A hedge fund built by a global community of ano... by hueving on Monday October 17, 2016 @03:24AM (#12723210)
Nope, just pointing out how stupid the conclusion is that the poster made.
Re:Numerai – A hedge fund built by a global community of ano... by austinjp on Monday October 17, 2016 @03:33AM (#12723240)
What of the poor whose villages are (in effect) being sunk by the rich, or destroyed in various other creative ways?
Re:Numerai – A hedge fund built by a global community of ano... by xg15 on Monday October 17, 2016 @02:44AM (#12723083)
So the 2012 (the movie) way of solving environmental problems: The cities can drown as long as we don't belong to the people who drown with it.