Very interesting. Physical wars brought pointless spending that prompted innovat... | Hacker News

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4ntonius8lock on Aug 2, 2019 | parent | context | favorite | on: Goldman Sachs is spending $100M to shave milliseco...

Very interesting. Physical wars brought pointless spending that prompted innovation.

I wonder if the mini-financial wars being waged will result in some cool tech coming out of all the craziness.

I had never though of this when thinking about the rent seeking nature of many parts of the financial industry.

rmah on Aug 2, 2019 [–]

Already has. The first notable example that springs to mind is "message queues" which were pioneered for use in finance. Companies like TIBCO grew fat on such software and now they are commonplace.

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