r/wallstreetbets • u/orhan_drsn • 25d ago

News RIP sleep

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u/FullyStacked92 25d ago

This is one of the milestones they point back to after the world economy collapses.

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u/Sickashell782 25d ago

Came here to say this…. Freaky stuff!

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u/[deleted] 25d ago

[deleted]

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u/wesap12345 25d ago

The traders being forced to stop is the only thing that puts a stop to everything else going on in the back and middle office.

This is a nightmare for the junior staff on those teams.

If this leads to round the clock trading are we going to have night shifts for finance jobs?

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u/Gold_Accident1277 25d ago

Yeah pretty much created 3 jobs for every 1 person working in the stock market

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u/Gold_Accident1277 25d ago

That’s if they all work 3/8. What a mess….

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u/snek-jazz 25d ago

for the year or two before AI replaces them

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u/FemtoKitten 25d ago

What jobs could easily be replaced by machine learning in finance was swiftly done in the 80s, it was one of the first fields where people of course applied it and other algorithmic trading options in the idea of making money. The consistent stream of information and feedback even from earlier times, with solid documentation, gave it a solid base to start with too. In the end you get some flash crashes occasionnelly and leveraged tools, but the major shifts on that front already happened.

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u/CanaGUC 25d ago

That was already the case. There are people at those firms trading Europe/Asian market from the US, you know lol?

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u/wesap12345 25d ago

Not at my place they don’t.

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u/thenoblenacho 25d ago

Third shift "night trading" would see levels of cocaine use unknown since the 80s

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u/4score-7 25d ago

Not to worry about that “junior staff”. There is a reason white collar jobs, specifically finance, have died since early 2023, while the rise of AI has seen billions poured into it….