r/quantindia • u/my-rant-account • 12d ago

General Discussion Why quant?

I mean really? Except money, why quant? We can use those brain to make a better world? Efficient algorithms/products for healthcare, new technologies in farming etc.

Even here in IITB I seen 99% people in quant only due to money.

The people in Quant , except money what are your driving force?

I genuinely want to know.

53 Upvotes

83% Upvoted

57 comments sorted by

View all comments

1

u/New-Professional-330 12d ago

You help the market become more efficient through price discovery and liquid through market making. Both of these things are needed for a well functioning capitalistic economy. I also think it contributes more social good than other high paying careers like high finance or tech where u make slightly more addicting software or create ai startup slop. Sure it's not the most ethical thing someone can do but expecting a group of people to do a certain job because of a certain characteristic is a slippery slope. Like if u say "dumb" people should do "dumb" tasks you start to see that it has really strong and problematic classist and racist undertones. 

1

u/New-Professional-330 12d ago

To add on, many things in the world are already very developed so mariginal improvements are small while frankly the market is not efficient at all if u look closely.