r/wallstreetbets • u/orhan_drsn • 26d ago

News RIP sleep

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u/[deleted] 26d ago

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u/wesap12345 26d 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 26d ago

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

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u/snek-jazz 26d 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.