@gokhan
I really do not buy the arguments against HFT eating up potentials in other fields by asymmetrically incentivizing physicists.
HFT alone helps markets that themselves. Markets alongside help us cope [sic] with complex systems that determine the trajectory and "availability" of our species' existence.
[[HFT]] is also a "tool" to make markets aggregate and route liquidity effectively, and the technological solutions around it allow experiments in many areas such as co-location, and photonics to name a few. We also now have decentralized, or distributed, enterprises around it that co-evolve with the current demand for compute, trade finance tokenization (faster transfer and settlement of value), and all of which also "obliges" perfectly decentralized network infrastructures such as [[Ethereum]] to fund better research for [[economies of scale]] if we are to help science and markets.
https://signals-threads.simplecast.com/episodes/the-thermodynamics-of-trading-with-daniel-pontecorvo-75ib8seg