I mean...that's kind of a hugely controversial point to just say as a fact. It also completely ignores the fact that HFTs employ a lot of different strategies, some of which are uncontroversially beneficial to the market (market making).
Not a positive effect. Creative solutions are one thing, but the best creative solutions come when you are thinking clearly, not overtired and just trying anything.
True, anyone can argue anything, but sleep deprivation is pretty low on the pain scale once you have kids. You discover that the child will bring sleep deprivation to the parents for months on end. But, it isn't torture, because this is what you signed up to do. You volunteered to lose sleep.
On the other hand, once you have teenagers you discover that they would claim confiscating their iPhone for an entire weekend is torture.
That's broken logic on a grand scale. Using the same method, let's justify punching them ...
> True, anyone can argue anything, but getting punched in the face is pretty low on the pain scale once you start boxing. You discover that your sessions on the ring will bring punches to your face for months on end. But, it isn't torture, because this is what you signed up to do. You volunteered to get punched.
Ergo, using your logic, punching prisoners in the face is not torture !
Going on minimal sleep for a week is far less severe than no sleep for 11 days straight.
If they were keeping prisoners up for 24-36 hours, I could see that potentially being argued as not torture, if not done frequently. Anything beyond that is cruel.
I would, honestly not be able to treat it as lottery tickets and would rationalize it into the compensation at a higher rate than it is probably worth. Just being real.
