Melanie’s Reviews > The Great Acceleration: How the World is Getting Faster, Faster > Status Update
Melanie
is on page 239 of 400
High frequency trading is bad and does nothing but suck value out of the economy for zero actual benefit.
— Jan 20, 2023 07:46AM
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Melanie’s Previous Updates
Melanie
is on page 312 of 400
Ecological nightmares (CAFOs, drought, pollution, global warming), and some ridiculous suggestions for solutions (like spraying soot into the atmosphere). And increasing taxes, because tax revenue is always spent responsibly.
— Jan 22, 2023 08:34PM
Melanie
is on page 280 of 400
Chapter 8 is so nuts. Megacities are bad and too congested and full of crime. He doesn't address the downsides of density. Also thinks self-driving cars are the cure to traffic.
— Jan 21, 2023 11:05AM
Melanie
is on page 255 of 400
Author does not think that hft should be banned or batched or otherwise regulated. But also we want to protect the rest of the economy from flash crashes (sounds like he understands the markets about as well as I do).
— Jan 20, 2023 08:20AM
Melanie
is on page 223 of 400
In finance, the quest for short-term profits is stifling long-term growth and innovation. Also, algorithms trading with algorithms is most of the market movement these days.
— Jan 20, 2023 06:59AM
Melanie
is on page 215 of 400
Government is too slow to deal with acceleration, and a lot of his examples involve British politics, so....? Pre-brexit it seems.
— Jan 19, 2023 08:11PM
Melanie
is on page 188 of 400
Politicians spend all their time reacting to news and not implementing their agendas. Also they have to be young and fit. And hot.
— Jan 19, 2023 05:37PM
Melanie
is on page 171 of 400
Doesn't think polarization based on news choices is a big risk but this was pre-Trump and pre-covid, so this might prove to be incorrect.
— Jan 18, 2023 05:40PM
Melanie
is on page 140 of 400
So music and stories are more similar but also more complex. Also, algorithms aren't great at choosing hits (or romantic matches, for example).
— Jan 17, 2023 11:04AM
Melanie
is on page 117 of 400
Culture is not monolithic, so acceleration isn't always bad all the time.
— Jan 17, 2023 05:36AM

