News for hackers. Stuff that matters.

A comment on Goldman Sachs automated trading replaces 600 traders with 200 engineers. Parent comment

Re:Goldman Sachs automated trading replaces 600 traders with... by stale2002 on Tuesday February 07, 2017 @10:17PM (#13595393)
They DID say the same thing 10-20 years ago, and they were CORRECT.

Ever try to build a web application in Assembly language or C? It would probably be pretty difficult. You don't have to do that anymore.

1 web developer can do more work today than 100 assembly developers could, from 50 years ago.

[ Parent | on HN ]
Re:Goldman Sachs automated trading replaces 600 traders with... by cmoscoso on Tuesday February 07, 2017 @11:13PM (#13595690)
Build a JS app today is extremely complex.
[ Parent | on HN ]
Re:Goldman Sachs automated trading replaces 600 traders with... by onion2k on Wednesday February 08, 2017 @03:23AM (#13596729)
I think that's more a sign that we want more from web apps than any increased complexity in the apps themselves. Building a web app now isn't any more technically difficult than building a Linux app was 20 years ago. The only difference is that the tools aren't as mature.
[ Parent | on HN ]