126 karma · joined November 28, 2013
I assume their scraper was more in depth. If you had friend-type permissions back then you could perhaps see their posts and shares. You'd need post and share content to run text analysis, figure out their hot buttons based on language and frequency, sort them into groups and then target then.
Affiliate marketers could also upload lists of unique user ID's (like the FB group members scraped above) for specific ad campaigns, y'know, disguised hookup sites, skin cream credit card rebill offers, etc.
Back then, many of the privacy options were deeply hidden, obscure, changed names a couple times a year or were unavailable.
Like using webapp, app and program interchangeably "well they all run on computers right?"
Therefore eradication is definitely possible.
We all swore off cremation after that. Please leave after the service. Don't watch your loved one's cremation, it'll be a horrible last memory that taints everything that came before.
Second, the cremains are in a sealed plastic bag, inside a cardboard box. After you scatter the ashes, what do you do with the box, the bag, and the last ashes in the bag? Throw them in your household garbage? (Illegal, btw) It was my reminder that not everything has a "nice" interface.
2. Most of the data sources I've seen are heterogenous or very expensive. It comes in from big companies via secure FTP overnight, small companies via pdf. Big companies won't change their rules for you, small ones don't have the staff to do it. You can quietly and immediately export to excel from a terminal at 5pm, or be charged an extra 200K a year for the overnight deluxe data export package and still not get the same bond valuation you need to reconcile. (looking at you, Bloomberg!).
3. Every rockstar portfolio manager has their own models, and not even the VP of IT dares tell them what to use. There's no "bog-standard model" that everyone uses. That's the expensive PM's edge.
4. Speed. Requirements, test cases, test server, scheduling personnel, project planning, testing, promotion to prod, signoff, takes a month for trivial stuff if you're lucky. Trading opportunity long gone. Analysts grab a spreadsheet, do it in half a day, make or reject the trade.
5. Capability. Pivot tables. Compact, resizeable, color-coded, read/writeable grid, notations on the side, instant recalc, reorientable text. Row inserts. Printing. Ugh.
6. Risk. Analyst does the spreadsheet, IT hands are clean. "Not our fault if you screw up".
7. Resumes. What developer wants to spend 10 years coding models and reports that are regularly modified or discarded with each new analyst and PM's whim?
8. Time. FO spends 16 hours a day trading or researching under immense stress. Asking them to find, let alone spend, 2 hours a day explaining workflows to devs is... unrealistic.
9. Education. Devs know development, not financial instruments and regs. SME's who understand both software design and finance are rare and expensive therefore used on major projects. This may hurt egos here but most devs are some combination of untrained/low social sensitivity/ESL/fragile egos/tend to start explaining a solution instead of first listening to the problem.
Devs do major dev stuff where it's warranted. Analysts can keep Excel where it's not.
Structural lifetime unemployment is going to be the cause of future civil instability, and governments will use UI as a way to calm and control social order.