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Can you reverse engineer our neural network?

blog.janestreet.com

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Re: Can you reverse engineer our neural network?

#201

Post by throw10920 »

blackqueeriroh wrote: post #194
sublinear wrote: post #193

Earlier quoted context omitted.

Why? The vast majority of software doesn't need to be written by AI and moves at the speed of the humans making the decisions, not the speed of writing the code. They make a shit ton of money because of this . If you're working at a place where the code matters more than the decisions that went into it, you're basically working at a sweatshop for people who are desperate for a win and will throw away you and all your…

Lmao bro compilers aren’t deterministic either

This is such a distortion of the word "deterministic" that it's effectively false.

Re: Can you reverse engineer our neural network?

#202

Post by b112 »

ericd wrote: post #184
b112 wrote: post #107

Earlier quoted context omitted.

There's no such thing as money being squandered. Money isn't a resource. It's not food, or energy, or even an allotment of work. If you try to seize or reduce, what you perceive as excess, wasted money supply, that money supply will simply cease to exist.

It’s squandered from the perspective of the laborers and savers, because they don’t have it anymore. I didn’t say anything about excess money supply, though, were you responding to a different comment?

Money just isn't viewable with this paradigm. It's not a thing which has shortages, a fixed value, excess.

Ypur original comment spoke of, what might be best thought of as leeches on society.

But just as a leech sucks blood, so too is that blood easily replenished. Money is literally unlimited, compared to blood replenishment.

You could literally destroy 100 trillion of "money", and various US banks would just make more.

I get what you're saying, and the view of individuals in the system, but it's meaningless on larger scale.

Anyhow. Enjoy the weekend.

Re: Can you reverse engineer our neural network?

#203

Post by thatwasunusual »

webdevver wrote: post #50
wittyusername wrote: post #5

Earlier quoted context omitted.

All I think when I see this is "this intelligence wasted on finance and ads." Can you imagine human potential if it was somehow applied to crop harvesting efficiency, new medicines, etc? Not everything has to be perfectly efficient but it just saddens me to see all these great minds doing what, adversarially harvesting margin from the works of others?

but doesn't the empirical evidence reject this premise? if the greatest minds of earth, in their wisdom, have all collectively concluded that the smartest thing for them to do is make as much money as humanly possible, then evidently the greatest calling for mankind is... to be wealthy! and the older i get the harder it becomes to argue with such a perspective... hmm... maybe i am getting closer to wisdom? haha!

You assume that what smart people _do_ is the same as what humanity _ought to do_.

Even if every genius on Earth spent their days trying to get rich, that would show something about incentives, institutions, fear, status, and survival. It would not automatically prove that wealth is mankind's highest purpose.

Rats also optimize for calories when the maze is built that way. That does not make cheese (or whatever rats prefer) the meaning of life.

Modern capitalism often acts like the scoreboard is the game. That confusion is one of civilization's recurring clown acts.

Re: Can you reverse engineer our neural network?

#204

Post by lII1lIlI11ll »

bluerooibos wrote: post #31
zeroCalories wrote: post #12

Earlier quoted context omitted.

It's not wasted. Society can pay for the talent it wants, and they don't want to pay for this. Instead this talent helps to grow the overall wealth on in the world, letting us pay for the stuff we want.

I'm sure people (society) wants cheap food, free universal healthcare, free public transport, so why don't we have these things? Under capitalism each of these individual systems needs to turn a profit to be deemed worthwhile instead of treating the system as a whole and taking into account the economic externalities and benefits to the entire system.

> free universal healthcare, free public transpor

There are societies that voted for those things and have them. Many other (often more successful societies) react to those like "OMG commies are at it again".

Re: Can you reverse engineer our neural network?

#205

Post by lII1lIlI11ll »

pixl97 wrote: post #79
logicchains wrote: post #47

Earlier quoted context omitted.

>free universal healthcare, free public transport There's no such thing as free things, there's just some people paying for other people's things, and surprise surprise some people don't want to use their hard earned money to pay for other people's transport and healthcare.

And yet too much zero sum thinking leads to a crabs in a bucket mentality were the greedy get less by being greedy instead of having an educated productive society around them.

> And yet too much zero sum thinking leads to a crabs in a bucket mentality were the greedy get less by being greedy instead of having an educated productive society around them.

These are just your biases. Take Switzerland as an example - it doesn't have any of lefty fetishes OP mentioned ("cheap food, free universal healthcare, free public transport") yet it is highly educated, productive and leaves the door open for people who want to work hard and get ahead to do so.

Re: Can you reverse engineer our neural network?

#206

Post by ses1984 »

FreakLegion wrote: post #196
ses1984 wrote: post #150

Earlier quoted context omitted.

You could just read the article. This is outside my domain, and I don’t know the details, but in many cases Jane street functions as a market maker, market makers have access to information they can exploit to skim from anyone that trades through them, especially retail investors who place market orders. Pump and dump is a strategy that whales can use to bully smaller traders, not unlike how in poker the smaller your…

What you're describing isn't a pump and dump, but in any case what Jane Street did wasn't a pump and dump or what you're describing. It also had nothing to do with market making. India's market trades options much, much more than the underlying stocks. This means that on one hand you can trade a lot of options without moving the market, and on the other you can move the market by trading comparatively few shares. Sin…

Thank you, I will check that article out.

Re: Can you reverse engineer our neural network?

#207

Post by saghm »

JasonADrury wrote: post #115
saghm wrote: post #111

Earlier quoted context omitted.

I think I have a very different idea of what "exactly" means; I would expect set equality, but at best you're using it to describe a massive superset.

Modern financial system is the single greatest invention in the history of man for pushing resources towards things like "crop harvesting efficiency, new medicines, etc"

My point is that it also pushes quite a bit of resources towards things that are not nearly as useful as those, so claiming it's "exactly that" is like claiming that animals in a zoo with tusks are "exactly" the walruses that they have and ignoring all of elephants in the room.

Re: Can you reverse engineer our neural network?

#208

Post by pixl97 »

lII1lIlI11ll wrote: post #205
pixl97 wrote: post #79

Earlier quoted context omitted.

And yet too much zero sum thinking leads to a crabs in a bucket mentality were the greedy get less by being greedy instead of having an educated productive society around them.

> And yet too much zero sum thinking leads to a crabs in a bucket mentality were the greedy get less by being greedy instead of having an educated productive society around them. These are just your biases. Take Switzerland as an example - it doesn't have any of lefty fetishes OP mentioned ("cheap food, free universal healthcare, free public transport") yet it is highly educated, productive and leaves the door open f…

Heh, we have cities bigger than Switzerland. Trying to use any particular small area without averaging out human behavior is silly because the model will fail.

Re: Can you reverse engineer our neural network?

#209

Post by pixl97 »

bpt3 wrote: post #168
pixl97 wrote: post #79

Earlier quoted context omitted.

And yet too much zero sum thinking leads to a crabs in a bucket mentality were the greedy get less by being greedy instead of having an educated productive society around them.

A large portion (I think it's the majority, but would be happy to be wrong) of our fellow man is a net loss to society, with some smaller percentage being a significant drain. Giving more and more resources to those people does not make them magically more educated, productive, or congenial. So it's not a "crabs in a bucket" mentality in that the greedy (which I assume means the wealthy here, as they're the ones fund…

Correct, and I'm sure when you become the arbiter of who is or isn't worthy that you won't put those like you at the top.

Re: Can you reverse engineer our neural network?

#210

Post by b112 »

ericd wrote: post #182
gloryjulio wrote: post #149

Earlier quoted context omitted.

We can have different opinion on how much inflation is too much. But the universal consensus is that a little bit of inflation is good. It's ok if you think 2% too high. Maybe 1.25% is better. But we cannot just dispute this basic economic model and thinking that 0 or negative inflation (which would cause the stop of investment), or no consensus(that would just cause more chaos) is better. That's just absurd

The value of the USD wasn’t monotonically inflating away for most of its history, people were mostly fine? Were those periods disastrous in some way?

You really, really need to investigate the history of inflation.

Really.

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