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Ian Dunning

๐Ÿ‘ค Speaker
301 total appearances

Appearances Over Time

Podcast Appearances

Odd Lots
Inside Hudson River Trading's Blistering Token Burn

There's not much to read a book.

Odd Lots
Inside Hudson River Trading's Blistering Token Burn

You can't read a textbook about it if it's useful.

Odd Lots
Inside Hudson River Trading's Blistering Token Burn

So people ask AI.

Odd Lots
Inside Hudson River Trading's Blistering Token Burn

And, you know, it always mentions some things of an unusual frequency that maybe an expert in that field wouldn't.

Odd Lots
Inside Hudson River Trading's Blistering Token Burn

It focuses on some things.

Odd Lots
Inside Hudson River Trading's Blistering Token Burn

And we noticed in our winter internship program, a lot of sort of very technical quant finance research terms being mentioned a lot by the interns that no full-timer used.

Odd Lots
Inside Hudson River Trading's Blistering Token Burn

It's like the original seed of the mind virus was AI.

Odd Lots
Inside Hudson River Trading's Blistering Token Burn

So there's a little stuff like that.

Odd Lots
Inside Hudson River Trading's Blistering Token Burn

But our token spending is going to go up.

Odd Lots
Inside Hudson River Trading's Blistering Token Burn

That's almost guaranteed.

Odd Lots
Inside Hudson River Trading's Blistering Token Burn

And...

Odd Lots
Inside Hudson River Trading's Blistering Token Burn

Yeah.

Odd Lots
Inside Hudson River Trading's Blistering Token Burn

We're getting value out of it.

Odd Lots
Inside Hudson River Trading's Blistering Token Burn

Maybe not two X productivity, but I talked to someone who said that team's 50% more productive.

Odd Lots
Inside Hudson River Trading's Blistering Token Burn

That's pretty good.

Odd Lots
Inside Hudson River Trading's Blistering Token Burn

I mean, you'd happily pay $100 a day for that.

Odd Lots
Inside Hudson River Trading's Blistering Token Burn

I just don't understand how people who are token poor could keep up with someone who's token rich.

Odd Lots
Inside Hudson River Trading's Blistering Token Burn

And that's, again, goes to the acceleration feeling.

Odd Lots
Inside Hudson River Trading's Blistering Token Burn

It's like if you have two people who are sort of equally resourceful and smart, but someone has basically a co-pilot with them that's giving them a 50% boost.

Odd Lots
Inside Hudson River Trading's Blistering Token Burn

And all they have to do to get that is essentially spend money.