Sudden Demand For Logicians On Wall Street

An anonymous reader writes "In an unexpected development for the depressed market for mathematical logicians, Wall Street has begun quietly and aggressively recruiting proof theorists and recursion theorists for their expertise in applying ordinal notations and ordinal collapsing functions to high-frequency algorithmic trading. Ordinal notations, which specify sequences of ordinal numbers of ever increasing complexity, are being used by elite trading operations to parameterize families of trading strategies of breathtaking sophistication. The monetary advantage of the current strategy is rapidly exhausted after a lifetime of approximately four seconds — an eternity for a machine, but barely enough time for a human to begin to comprehend what happened. The algorithm then switches to another trading strategy of higher ordinal rank, and uses this for a few seconds on one or more electronic exchanges, and so on, while opponent algorithms attempt the same maneuvers, risking billions of dollars in the process."

Comments

Re:Well at least...

[u38cg]

Yet another troll mod coming my way, but what the hell. You are talking bullshit. Half the planet lives on less than $2.50 a day. Over 20,000 kids die every fucking day because of poverty. There a billion illiterate people on this planet, something like 120 million not in education. Two billion people have no access to electricity.

Every single one of those numbers is a person like you and me who desperately needs a developed market to sell their labour in so they can have a reasonable standard of living. It's not going to happen because of slashdotters buying fair trade coffee, it will happen because markets everywhere will allocate capital to drive development in these places as best they can. So when every single one of those numbers drops to zero, come back here and share your nonsensical arguments with us once more.

Re:Well at least...

[pyite]

I think we need a federal stack exchange tax.

Let me give you a bit of problem solving advice. If the solution you arrive at involves taxes, you're doing it wrong.

Re:Well at least...

[Jah-Wren Ryel]

It's been perverted from the paper trading to a good-ol-boys network of computers with systemic abuses aimed at hurting people trying to use the system in good faith.

You can't pervert something that is already perverted - something is either corrupt or it is not. Hence you wrote that the paper system was not perverted.
Perhaps YOU should read what's written, not what you were thinking when you wrote it.
And while you are at it, you might want to try adding a little bit of that civilized conversation too.