Alex Imas

Yeah, you could imagine we just never satiate demand for compute.

And as long as that stays the case...

then the share of the economy that is going towards compute would keep increasing.

There aren't that many institutions that have thought as hard as Jane Street about how to turn smart people into some of the most competent researchers and engineers in the world.

This relies in part on an apprenticeship model, where new hires are paired with senior mentors.

But Jane Street also runs a bunch of classroom-style lectures and hands-on boot camps.

These courses cover a range of topics and they go pretty deep.

There's one lecture that focuses on reverse engineering systems with tools like S-Trace and GDB, and another that teaches you how to profile code down to the cache hierarchy level.

Importantly, Jane Street designs these courses not just to teach the relevant object level skills, but also to impart the relevant tacit knowledge.

For example, their week-long neural net bootcamp starts with general theory, but then quickly progresses to how to apply neural networks to trading.

And here they cover the specific obstacles that Jane Streeters tend to encounter and the workarounds they've come up with to get around them.

Jane Street takes this sort of learning incredibly seriously.

Every office has dedicated classroom space and courses are prioritized as part of regular work.

If you'd like to work at a place like this, Jane Street is hiring.

You can check out their open roles at janestreet.com slash dworkash.

There's one possibility which Molly Kinder has written something about this messy middle scenario.

And there's that possibility...

made me think about whether it might be better to have, at least as far as wealth distribution and redistribution goes, it might be better to have much faster AI takeoff.

And I want to ask you whether the following possibility is at all likely, or there's any set of assumptions that this can make it so, which is that AI makes it possible to automate jobs such that many people are losing their jobs, but it doesn't create enough wealth while the process of automation is happening to...

pay off basically the people who are getting laid off.