当前位置:当前位置:首页 > Trading Strategies > 【low latency crypto paper trading and backtesting tool for strategy developers】 正文
【low latency crypto paper trading and backtesting tool for strategy developers】
[Trading Strategies] 时间:2026-04-04 10:25:08 来源:Intelligent Smart Insights Hub 作者:Portfolio Management 点击:143次
In Jack Dorsey's view of the world,low latency crypto paper trading and backtesting tool for strategy developers the job most at risk from the AI revolution is the middle manager.\n\nDorsey argues in a new essay , "From Hierarchy to Intelligence," published with Roelof Botha, Sequoia Capital's managing partner, an investor in Block, that his company's decision to cut approximately 4,000 of its more than 10,000 employees was not a cost reduction but a permanent restructuring to replace middle managers with AI.\n\nCorporate hierarchy, the essay argues, has always existed to solve one problem: routing information through organizations too large for any single person to oversee.\n\nManagers aggregate context from below, act as messengers from above, and maintain alignment across teams. AI can now perform those functions continuously and at scale, the authors argue, making the messenger redundant.\n\nIn place of management layers, Dorsey and Botha proposes two AI-driven "world models."\n\nOne aggregates internal data from code, decisions, workflows, and performance metrics to create a continuously updated picture of company operations, replacing the context that managers traditionally carried.\n\nThe other maps customer and merchant behavior using transaction data from Cash App and Square.\n\nThose models feed what Block calls an “intelligence layer” that composes financial products dynamically to fit market demand.\n\nIf done properly, the models absorb the coordination work that previously justified the existence of middle management.\n\nRather than building from fixed roadmaps, the essay proposes breaking Block’s business into modular capabilities, including payments, lending, card issuance and payroll.\n\nWhen the system identifies a need, the essay’s example is a merchant facing a seasonal cash flow gap, it assembles a solution from existing capabilities. When it cannot, the missing capability defines what gets built next, replacing the product roadmap with a system-generated backlog.\n\nThe organizational structure is reduced accordingly. Block plans to operate with three roles: individual contributors who build the system, directly responsible individuals who own specific outcomes on 90-day cycles, and player-coaches who remain hands-on while developing people.\n\nDorsey told Wired in early Marchthe restructuring was triggered by a capability shift he observed in December in tools including Anthropic’s Opus 4.6 and OpenAI’s Codex 5.3, which he said was now capable of operating effectively in large codebases.\n\nBut current and former Block employees told the Guardian that roughly 95% of AI-generated code changes still require human modification, and that AI tools cannot yet lead in regulated areas like banking and money transfers.
(责任编辑:Trading Strategies)
Beyond T-bills: OpenEden introduces tokenized high-yield corporate bondJamie Dimon signals JPMorgan entry into prediction markets as competition surges
相关内容
- Bitcoin’s crashes are shrinking, and Wall Street is starting to notice
- What traders should know about Order Management
- Why more users are adopting Strategy Optimization 194
- Beginner guide to Strategy Optimization 954
- Crypto Long & Short: Governance is the real Layer 1
- Common mistakes to avoid with Bot Performance 316
- What traders should know about Portfolio Automation 105
- What traders should know about Order Management 837
- The bitcoin treasury boom is unwinding as some companies and governments sell holdings
- Why more users are adopting Order Management 137
- How to evaluate a platform for Strategy Optimization 614
- How Futures Trading supports long term strategy development 330
- The bitcoin treasury boom is unwinding as some companies and governments sell holdings
- Why Risk Management matters in volatile markets 644
精彩推荐
- OpenAI raises a record $122 billion as revenue crosses $2 billion per month
- How Futures Trading supports long term strategy development 170
- How Bot Performance improves daily trading workflows 276
- Why Risk Management matters in volatile markets 964
- Brazil's B3 exchange to offer bitcoin-linked 'event contracts' for the ultra-rich
- How Automated Crypto Trading supports long term strategy development 901
热门点击
- Crypto market structure bill release pushed back as industries view revised stablecoin yield compromise this week views+
- Circle under fire after $285 million Drift hack over inaction to freeze stolen USDC views+
- Beyond T-bills: OpenEden introduces tokenized high-yield corporate bond views+
- Uniswap Foundation held $85.8M at year-end, committed $26M in grants during 2025 views+
