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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 pzh on Tuesday February 07, 2017 @10:38PM (#13595497)
I guess they can all become Javascript developers and fulfill the big tech companies' dreams of having hordes of cheap engineers on the labor market. That would help save some of the money poured into various initiatives like 'Dolphins who code', etc.
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Re:Goldman Sachs automated trading replaces 600 traders with... by connorelsea on Wednesday February 08, 2017 @12:09AM (#13595924)
What is wrong with being a JavaScript developer?
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Re:Goldman Sachs automated trading replaces 600 traders with... by pzh on Wednesday February 08, 2017 @12:18AM (#13595965)
Nothing. On the contrary, it's the most marketable skill, judging from the number of Bootcamps that prepare for it.
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Re:Goldman Sachs automated trading replaces 600 traders with... by beaconstudios on Wednesday February 08, 2017 @04:27AM (#13596986)
until software becomes available that makes programming 10x easier...
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Re:Goldman Sachs automated trading replaces 600 traders with... by secfirstmd on Wednesday February 08, 2017 @05:06AM (#13597142)
This idea has been around for over 10 years but I still don't see that many signs of it happening. I mean what interesting projects are around that actually make it possible to for example, let a non-technial person point and click develop a python or Java application? It happened with HTML/CSS and Dreamweaver/WordPress etc years ago but it's much easier with web stuff and I don't really see it elsewhere.
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Re:Goldman Sachs automated trading replaces 600 traders with... by beaconstudios on Wednesday February 08, 2017 @05:10AM (#13597154)
I think we're in the early stage of automating web development but sites like Wix have made impressive strides in making UI design accessible. I'm working on something in this field myself and I've done enough research and prototyping that I think it's definitely achievable.
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Re:Goldman Sachs automated trading replaces 600 traders with... by collinmanderson on Wednesday February 08, 2017 @07:20PM (#13603522)
once ML starts replacing programming jobs, we'll have singularity.
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Re:Goldman Sachs automated trading replaces 600 traders with... by beaconstudios on Thursday February 09, 2017 @11:33AM (#13608126)
I think that's a stretch. 90% of programming is repetitive if you compare different projects. Also, I didn't mention ML/AI.
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