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Everything is based on stored bits. It's how those bits are interpreted that matters. No banker should care that they store bits instead of physical cash. It si
by nudetayne 13y ago
Everything is based on stored bits. It's how those bits are interpreted that matters. No banker should care that they store bits instead of physical cash. It simply doesn't matter. I've only ever seen inept programmers think that everyone should know the underlying technology, which I guess you could say is hypocritical, as I doubt many of them truly understand what's happening in the lower levels of programming, physics, or math. Abstraction - it's important.
- benkross 13y agoThat is all going to change as the world becomes more data driven. As a sales person, relationships are important, but still without a deep understanding of my data, I would be incredibly inefficient. Talk like that also sounds like what the Equities traders were saying up until 2007 or 2008. I don't need to know tech, I don't need to know algos, until they were replaced by trading tech and those same guys who were making 1.5-2 MM/yr couldn't get 150K jobs. Automation and electronification are happening. Only people at Jamie Dimon and Lloyd Blankfein's level can truly afford to be luddites. As the old guard dies, the youth will start changing everything. Technocrats vs Plutocrats will rule.