A year or so back Jane Street rug pulled 4 billion or so from the Indian stock market and then got subsequently banned. China cracked down on quantitative trading a while back as well. I heard these firms attract the brightest minds in the world, don't you think it's a waste that our smartest people are wasting their talents on this kind of pointless and possibly even damaging crap?
>>16989549The problem is that the smartest people in STEM generally have zero sense of ethics or moral fibre. A computational scientist could go for a bioinformatics company and cure thousands of genetic diseases, but they'd rather work for Jane Street for a few hundred thousand more. A mathematician would rather sell out to AI companies proving theorems for them pretending it's AI.
>>16989549You talk like we have enough spots for these “smart” people in academia. Or even in industry.
>>16989647Don't we?
>>16989553it's that smart people who do have morals dont go into stem or math, because both fields are fundamentally broken since hardy's apology at the latest
>>16989553do you know how difficult and unrewarding research is, why would a smart person who grew up poor not choose to make money, you retards have such childish arguments
>>16989549Cuteness best girlMegumid enjoyers are subhuman trash.
>>16989650Are you retarded? 1 prof supervises many phds and posdocs. But when he retires/dies, only 1 spot is open. Literally just basic logic. You are really retarded.
>>16989712I would kill her if she wouldn't let me sleep
>>16989716You're way too uppity. You sound like a midwit and a retard simultaneously.
>>16989553And why is the onus on them?Why is no one paying for the research?
>>16989692You're telling me Computational Genomics does not pay? You're telling me Terrence Tao is starving for money so bad that he has to resort to shilling claude? >>16989961>why do I have to do it?That's what separates a righteous person
>>16989549I always thought Quants were grade-A retards.
>>16990727Quants are retarded. Backtests full of cow shit