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There is nothing really surprising about this. Jim Simmons that recently passed away did exactly this in finance decades ago. He didn't build a team of the bri
by perkolator 2y ago
There is nothing really surprising about this.
Jim Simmons that recently passed away did exactly this in finance decades ago. He didn't build a team of the brightest minds in finance.
He hired brilliant people that specifically did not work in finance. I think he even mentioned that astronomy was one of his favorite areas to hire from for finance.
I am sure we highly underestimate the indoctrination against new ideas that anyone at the top of a field has been subject to.
Humans love to turn everything into a high school prom king/queen popularity election though even when it is obvious the best people for the job didn't even go to the prom.
- rchaud 2y agoStructured finance is a math gig where the only constraint is legality. And as history shows, math nerds have no clue how to constrain the runaway damage their structured instruments can cause. I suppose I shouldn't be surprised that AI development appears to be heading the same way.