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by hnews_account_1
1465 days ago
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Your idea is KISS works for finance and the rest of humanity are idiots. As you sit down and type from a device created very much by the financial engineering “complications” of the modern market (and in turn being used to create further pockets of complexity). |
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That's a ridiculous claim.
As if the development of complex technical devices wouldn't have happened without complex financial markets and inscrutable financial business models.
Complexity in finance .. up to a certain degree it may well serve the purposes of society .. beyond some level though, excessive complexity mostly serves few big players who can manage and understand the complexity and gain an advantage over other actors with less resources (that'd be most of the rest of society).