Finding Signal in the Noise: Machine Learning and the Markets (Jane Street)

Re:Finding Signal in the Noise: Machine Learning and the Mar... by andrepd on Sunday March 16, 2025 @08:12AM (#43378394)

I.e., they work to increase the return on capital. Since I believe one of the biggest problems in the world today is economic inequality stemming from an increasing gulf in the remuneration of labour and the remuneration of capital, I don't think this is a good thing. Let alone a good use of stupendous amounts of talent and money.

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Re:Finding Signal in the Noise: Machine Learning and the Mar... by rangestransform on Sunday March 16, 2025 @09:36AM (#43378982)

The only reason software engineers are able to be paid so much at all is because of “capitalism” and “free trade” I.e. vacuuming up money from the rest of the world, we sell them ads and “SaaS” and “intellectual property” while they sell us food and clothes. Would be a bad day for me personally and our profession in the US when that stops

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Re:Finding Signal in the Noise: Machine Learning and the Mar... by andrepd on Sunday March 16, 2025 @02:57PM (#43381260)

My ethics is not defined by what is personally beneficial for me. I don't suddenly stop thinking something is wrong just because I benefit from it.

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Re:Finding Signal in the Noise: Machine Learning and the Mar... by rangestransform on Monday March 17, 2025 @10:15AM (#43388853)

We’ve seen what happens when the price of eggs goes up a little bit, never before seen levels of prosperity seems to be the only way to convince Americans to treat each other kindly, pick your poison I guess

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