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So why is that harmful? Just because these aesthetic beliefs do away with ethical values and the judgment of right and wrong that the Abrahamic faiths give us. While you imagine that you’ll not be accountable for your deeds and also you alone should resolve what is chaste and righteous, than you live as you please, with none guilt and not certain by any moral restraints.

It is the financialisation of meaningless noise, one thing that beforehand wasn’t subjected to commodification. The algos have an internal world, like the interior world we see in those electron microscope footage where tiny, imperceptible flakes of dust seems as a complete landscape with valleys and hills. From the attitude of an atom, that world means quite a bit, but from the attitude of humans, the inner contours of a speck of mud are irrelevant and meaningless. Likewise, at microsecond level, you’re buying and selling meaninglessness.

To some extent, I am detached as as to if or not HFT disrupts markets. Partly it is because I do not take markets to be some form of holy assemble that obviously serve humankind, and that thus cannot be defiled. I mean markets have lengthy been establishments of systematised abuse, the place these with more power can use the apparently apolitical act of trade to extract advantage.

Even the majority of Presidential candidates either had been members, or are current members of the Council on Foreign Relations. These candidates would include Herbert Hoover, Adlai Stevenson, Dwight Eisenhower, John Kennedy, Richard Nixon, Gerald Ford, Jimmy Carter (who additionally occurred to be one of many initial Trilateral Fee members), George HW Bush, Bill Clinton, John Kerry, and John McCain.