I find this whole thing dubious as well, but there is a LOT of money
being made by high-frequency traders. Enough that a $50 billion
expenditure could probably be made back in a few years. I don't know any
exact numbers that these HFTers are bringing in (many of them are super
secretive), but it's definitely billions in profit per year. As someone
who lives and works in the NYC metro area, I've seen how much money some
of these big investment banks have, and the HFTs are bringing in money
faster than anyone else right now, so $50 billion isn't outside the
realm of possibility. If anyone can do this that's not a government, I
would expect it to be someone in the HFT world.
Prentice
On 02/28/2014 02:22 PM, Peter St. John wrote:
Who would take your bet?
With $50B I could maybe orchestrate a leveraged buy out of oh, say,
Microsoft. I don't grok spending that on one computer complex. That is
approximately NASA's budget for the ISS over 30 years (Wiki says $70B
in current dollars).
Peter
On Fri, Feb 28, 2014 at 1:42 PM, Ellis H. Wilson III
<[email protected] <mailto:[email protected]>> wrote:
On 02/28/2014 12:49 PM, Douglas Eadline wrote:
If you have some time, have a listen to this prodcast from
HPC Wire where Nicole Hemsoth interviews some guy who claims
he will have an exascale system by the end of the year, using
1000 MW
of fuel cells and funding of $50 billion from the foreign currency
arbitrage industry. And let's not forget the Exabyte of
storage for good
measure.
"Meet the Man Who Says He's Building the First Exascale
System...in 2014"
http://www.hpcwire.com/soundbite/meet-man-building-2014-exascale-computer/
Well at least somebody going to sell a lot of kit.
Where can we place our bets?
ellis
--
Ph.D. Candidate
Department of Computer Science and Engineering
The Pennsylvania State University
www.ellisv3.com <http://www.ellisv3.com>
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Prentice Bisbal
Manager of Information Technology
Rutgers Discovery Informatics Institute (RDI2)
Rutgers University
http://rdi2.rutgers.edu
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