Well someone clearly has a horse in this race.<p>Your comment is a bit obtuse, developers are not creating parsers and compilers. Elevators and calculators are very robust technologies that already work.<p>What I worry about is a new wave of engineers and developers thinking they understand statistical models and then proceeding to work at the big banks and have their models blow things up. If PhDs can make such disastrous non-robust models, how on earth is a random developer who took a summer course not going to do the same?<p>Now if the banks actually failed on their own, then by natural selection the less skilled would be out of jobs and people would stop trying to &quot;short-cut&quot; gaining this type of knowledge. But that&#x27;s not what happens. Academics keep writing papers and hyping up specific techniques for which they can give conferences on, and the taxpayer bails out the idiots at the top.