Hacker News new | comments | show | ask | jobs | submit login

An argument can also be made that this is a net negative contribution, as instead of a market employing hundreds of people, it's only employing dozens. Ergo, more unemployed people. While this is good for the market's owners and those currently employed to trade there, it is bad for the economy as a whole.

You're on Hacker News, but you think that destroying jobs with technological innovation is a bad thing?

Not at all, but in re-reading my comment I can see why you'd think that. My intention was to make a devil's advocate comment: 2 sides to every coin, etc.

Guidelines | FAQ | Support | API | Security | Lists | Bookmarklet | DMCA | Apply to YC | Contact