Incoming links: High-frequency trading
Ciro Santilli once talked to a man who had been working on high-frequency trading for the last six years.
He was quite nice.
Ciro asked him in what way did he feel his job contributed to the benefit of society.
He replied that it didn't contribute at all. It was completely useless. More than that, it so completely useless, that it was even pure. A bit like advanced mathematics, but not even providing beauty for anybody outside of the company, since everything is a closely guarded trade secret, unlike mathematics which is normally published for the vanity recognition.
And so, Ciro was enlightened.
A great mind can work in the most useless branches of finance, without the desire to improve the world, nor make it worse. Not to compete, nor be afraid, nor anxious. A Sand mandala.
Only being. Being, in the exact fraction of a moment where bid meets ask.
A network interface controller that does more than just the base OSI model protocols, notably in a programmable way.
- www.nextplatform.com/2022/05/11/intel-unrolls-dpu-roadmap-with-a-two-year-cadence/
- www.trentonsystems.com/blog/what-is-a-smartnic
- blogs.nvidia.com/blog/2021/10/29/what-is-a-smartnic/ "Some are using FPGAs which promise flexibility"
- www.servethehome.com/intel-ipu-exotic-answer-to-industry-dpu/ "Intel IPU is an Exotic Answer to the Industry DPU"
- 2022 www.datacenterdynamics.com/en/news/amd-to-buy-smartnic-firm-pensando-for-19-billion/ "AMD to buy SmartNIC firm Pensando for $1.9 billion"
- www.theregister.com/2022/06/14/alibaba_dpu_cloud/ mentions that Alibaba Cloud created their own.
Hyperscalers Lead The Way To The Future With SmartNICs by The Next Platform (2019)
Source. - youtu.be/kwroXmFJJf0?t=599 financial industry is one of the users, notably high-frequency trading
Associated article: www.nextplatform.com/2019/10/31/hypercalers-lead-the-way-to-the-future-with-smartnics/ mentions that:
Google is widely believed to be working on its own design.