I’m not a proponent of communism at this point, but I’d be very interested to see what the computer power of all stock markets of the world could do if harnessed to solve the problem of centralized resource allocation.
I doubt the market itself has crazy amounts of computer power, but the financial firms that run algorithms to trade in milliseconds to sell a million shares to make $100k on a small bump, there’s a lot of power there. It’s really all about speed.
They ran brand new undersea fiber to connect London to New York so the programs the corporations there run can trade milliseconds faster.
![Capital [Saturday Morning Breakfast Cereal]](https://www.smbc-comics.com/comics/1735062137-20241224.png){kind=link}
I’m not a proponent of communism at this point, but I’d be very interested to see what the computer power of all stock markets of the world could do if harnessed to solve the problem of centralized resource allocation.
I doubt the market itself has crazy amounts of computer power, but the financial firms that run algorithms to trade in milliseconds to sell a million shares to make $100k on a small bump, there’s a lot of power there. It’s really all about speed.
They ran brand new undersea fiber to connect London to New York so the programs the corporations there run can trade milliseconds faster.