Automation and the Future
I’ve always loved automated things, even before knowing what “automation” is. Call me weird, but I’m fascinated by dishwashers… It’s the most satisfying thing, really. You take ugly, dirty-looking dishes and line them up in an arbitrary metallic box. You close it up, insert a soap tablet, and press a button. Return a few hours later, and like a magic trick, they’re clean. My mom always gets frustrated when I start the dishwasher early, but I just can’t help myself.
Time-travel to 1300, grab a random passerby, and return to 2022. Show him the dishwashing process and he’ll assume one of three things occurred.
- Society has advanced beyond imagination, allowing us to invent a box that cleans dishes for us.
- The witch trials failed. He has just been abducted by a family of wizards demonstrating their talents on menial tasks.
- There is a small man hidden underneath the sink whose job it is to clean our dishes out of sight. If he’s spotted, he’s sacked.
Lately, I’ve been working on some automation projects of my own. Jeeves is a personal assistant who texts vital information I’d otherwise check manually each morning (market patterns, weather, COVID updates, news, trading account updates, etc). Such a simple project became an ever-evolving undertaking, but continues to be a boatload of fun, not to mention satisfying beyond measure. He texts my family and friends now too, cause for interesting conversations.
Then there’s trading. Like many, I’ve devoted perhaps too much of my time to trying to become the “perfect trader”. This involved (questionable) “psychological development,” navigating countless trading-system scams, developing strategies and systems… The list is endless. But as a retail trader, the reality is stark. At the end of the day, we’re trying to win a minus-sum game. Even if we consistently break even, a mountainous task, client-side fees drown us. Nevertheless, the future looks bright.
The democratization of finance is upon us. Dogecoin and NFTs will save us! Not exactly… But they do represent something fantastic. Power to the people, individual ownership, and a careful equilibrial balance between transparency and privacy. That can save us. Those principles are what I…