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by WildUtah
4717 days ago
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If the finance companies couldn't hire top techies, they'd be fine. It's a Red Queen race; whoever runs the fastest front-running operation skims all the rent from naïve institutional and individual investors. If everybody is 200ns slower, everybody is in the same position as before. All the talent invested in saving a few ns does no good to the world; it just changes the relative position of finance companies. They might even be happier if there were fewer techies they could hire. |
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