Blowing up Quote by Cathy O'Neil
“Especially from my experience as a quant in a hedge fund - I naively went in there thinking that I would be making the market more efficient and then was like, oh my God, I'm part of this terrible system that is blowing up the world's economy, and I don't want to be a part of that.”
About This Quote
Source Book: Weapons of Math Destruction, 2016
Working in finance revealed a system that harms the global economy, prompting ethical concerns.
In simple terms: Finance can harm the world economy.
Question the ethics of financial systems.
Themes
Mood
Type
When to use this quote
- investment
- economic analysis
Key Concepts
Questions to Reflect On
- What ethical responsibilities do finance professionals have?
- How can one influence systemic reform?
Systemic change is difficult to achieve alone.