the_dunk_tank
It's the dunk tank.
This is where you come to post big-brained hot takes by chuds, libs, or even fellow leftists, and tear them to itty-bitty pieces with precision dunkstrikes.
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finance firms, honestly. they're immune to the underlying causes of this crash so they're still hiring programmers.
ill look into it, thank you!
as a dumbass, recent graduate, and person who just started programming for a finance company as my first job - how/why are finance companies immune to the crash? it makes sense that they must be, because we do nothing and spend too much and honestly this company (on my level at least) should be fucking hemoraging money. its the most David Graeber bullshit jobs thing possible and yet we're actively hiring, its wild
yep my job is also bullshit. my entire org should be like 10 people if you cut all the bloat. all I know is that my company provides liquidity on trades so they make money even when the economy is crashing.
See I'm currently going through a CS degree and I have no idea why a finance firm would need a programmer. And what kind of firms are we even talking, like banks and credit unions, or something considerably more arcane?
Finance firms use computer algorithms to make market predictions and automate their buying and selling. A lot of math majors go into finance.
sorry 1 day late but, isn't it pretty ghoulish to work at a finance firm? You'd be advancing the ability for capitalist cutthroats to leave more people without jobs and without houses because of the inherent instability of the market, increasing leverage and putting more and more capital into extremely turbid waters that could wash away hundreds of thousands of people's life savings overnight. I guess it's not as bad as being a cop or working at the MIC, and Marxism != moralism, but am I wrong to see the people working as quants to be around the same as the petit bourgeoisie?
probably? it's just the only place to get work right now. if/when the money spigot turns back on, I'll go back to something with fewer ethical issues, but right now I just need work. plus my position is pretty bullshit so I'm pretty sure I'm just receiving money. like my job is so abstracted away from what actually earns them money and so focused idealistic platitudes that it's hard to see how it improves their ability to do much of anything. but yeah, not claiming it's ethically great.
That's fair enough, sorry if my comment sounded judgemental.
no it's all good, I went through this with my wife when I took the job. I was against it until I realized this. it also helped that their majority money maker is "providing liquidity to the market" - which means they're doing arbitrage against other financebros and I give way less of a fuck.