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Artificial complexity as rent-seeking behavior

Total geeks go read this key paper.

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Submitted by hipparchia on

oh, wait... it is.

weren't they literally hiring rocket scientists and physicists and the like as quants? i can totally see scientists and mathematicians getting off on the competition of ever-increasing complexity and the beautifulness of their equations. what else are you going to do with a genius iq and a phd in an abstruse subject?