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Intruder at the top of the 20 meter amateur band?

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141–150 of 187 posts

Re: Intruder at the top of the 20 meter amateur band?

#141
post #79

Earlier quoted context omitted.

Yep. Some of the brightest minds in the world, including many of my friends, are wasted figuring out how to make more money from online clicks.

Conversely: science pays junk money compared to IT. I have a Masters in chemistry, my wife has a Ph D. I make more then twice what she does off of skills I taught myself, and when I'm between work recruiters call me. If we want more people in the sciences, we've got to create the jobs.

That's what my chemistry teacher told us in high school. If you want to really 'make it' in chemistry you better be insanely good, which is has a small probability. Otherwise you sorta end up as a lab technician.

Made me choose the other thing I loved in high school which was math and computer science.

Haven't looked back.

Re: Intruder at the top of the 20 meter amateur band?

#142

Someday the traders will be beaming neutrinos through the Earth.

...Maybe one day they'll have quantum entangled particles and they'll be able to do spooky things at a distance and communicate instantly? I don't pretend to understand the physics, but sounds like it would be interesting... if it could work. Perhaps then Radio Amateurs would become Amateur Tanglers?

Re: Intruder at the top of the 20 meter amateur band?

#143

Earlier quoted context omitted.

All you really need to do is to beat the trade you just saw enter the system so you can buy the trade out from under them and mark it up while their bits are still stuck in glass. You know, "provide liquidity".

That’s not at all how it works.

If not why do they need to have the lowest latency? Seems to me that if you want to provide liquidity what you need to do is buy a wide range of stocks and sit on them so they're all listed and available for trade. But you don't need extremely low latency for that. If you're providing liquidity you should be sitting on an insanely diverse portfolio at the end of every day. The whole point is to make sure trades are available so nobody is waiting for something to appear on the market.

Re: Intruder at the top of the 20 meter amateur band?

#145
post #34

Earlier quoted context omitted.

I’ve spent some time working in electronic trading, and I agree with you. Not only is the compensation very comfortable, but it’s the most interesting work I’ve ever done. That’s a tough combination to resist. As a result, it attracts people who should be out there curing cancer, developing new technologies, researching fundamental sciences, and so forth. It’s something everyone around me has acknowledged at one poin…

I like that term "“bug” in capitalism". I have always felt the "bug" is basically incorrectly pricing externalities. We don't properly charge you for the carbon you put into the atmosphere or the mental health strain you put on workers and so on. If societal costs were also real costs the allocation of resources could be more optimized.

Which social costs? Is it a social cost having too few kids? Or too many kids? Should we price that in? And what’s the cost we should price in? Who decides? Can we all agree on one price?

Re: Intruder at the top of the 20 meter amateur band?

#146

Morality and outrage aside, we know where they are, and the format they are using, and they are in a fixed site. The real question is: How can we: 1> receive and regenerate the source bit stream 2> use that to exactly recreate the transmitted signal 3> synchronized with that signal, and 4> then use it to cancel out the interference?

"Hello FTC I'd like a license to intentionally destructively interfere with a separate, licensed, broadcast -- which form should I fill out?"

That depends, are you a hobbyist or lobbyist?

Re: Intruder at the top of the 20 meter amateur band?

#147
post #26

I'm sure I'm not the only one who would like to see the whole HFT industry be deleted. What a waste of human intellect.

At least arbitrage provides some value by tightening bid/ask spreads. What about all the smart nerds who work on adtech instead of important problems? That's entirely irredeemable.

Targeted advertising seems to benefit everyone compared to untargeted advertising?

My google ads are mostly saas software and tech gadgets, which I prefer over random ads.

If a lip gloss company wanted to advertise, is it not better that they can target people who like lip gloss instead of a random audience?

Re: Intruder at the top of the 20 meter amateur band?

#148

Earlier quoted context omitted.

It's an interesting of reasoning but comes with a caveat - Reducing externalities to a price figure allows you to trade them away on a balance sheet as nothing more than a price figure. This is fine if pricing accurately reflects value, but that's not the same as allowing a market to set the price. You lose a huge amount of detail in the process that can't simply be captured in a price signal moving up or down. You m…

Without pricing the externalities, we're basically taking on debt, a debt against the future number of years the planet is habitable. I imagine it probably started at 1M years of supporting human life. I wonder if that number is now down to 50000 left. And I feel like it went from 1M to 50K in the last 50 years.

Indeed, it seems the longer we run under the status quo the greater the cost in externalities, to the point we’re beginning to understand represents an existential threat globally.

However we also risk a self-fulfilling prophecy if we commodify those externalities and reduce them to lines on a balance sheet. I know that this is not quite what’s being argued for, but I am equally certain that is how it would land in practice.

I’m not convinced re-framing/codifying our social, environmental, and human capitals as financial instruments is any kind of progress towards salvation, rather it’s a doomed attempt to take everything that never fit inside the tidy box of capitalism and cram it inside of the box anyway. A try at making the world comprehensible to a mind accustomed to that manner of framing.

This problem needs novel thinking, more novel than finding a direct way to account for it within the existing framework. I regrettably don’t have a better idea.

Re: Intruder at the top of the 20 meter amateur band?

#149
post #34
post #26

I'm sure I'm not the only one who would like to see the whole HFT industry be deleted. What a waste of human intellect.

I’ve spent some time working in electronic trading, and I agree with you. Not only is the compensation very comfortable, but it’s the most interesting work I’ve ever done. That’s a tough combination to resist. As a result, it attracts people who should be out there curing cancer, developing new technologies, researching fundamental sciences, and so forth. It’s something everyone around me has acknowledged at one poin…

>As a result, it attracts people who should be out there curing cancer, developing new technologies, researching fundamental sciences, and so forth.

I'm in HFT, and I'm confident in speaking not only for myself when I say that if HFT didn't exist I'd be doing something else fun and profitable (e.g. investment banking, non-high-frequency trading), not something boring and/or poorly compensated like medical research. People on this site have no right to tell other people how to live their lives, especially when they themselves probably work on something like ad-tech which is arguably actively very harmful to democracy and society.

Re: Intruder at the top of the 20 meter amateur band?

#150
post #127

Earlier quoted context omitted.

...it will be encrypted

How much time does encryption take? I'd wager the fastest links are close to plaintext.

Stream ciphers can operate without adding any extra delay and are considered plenty strong.
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