Episodios

  • Why Testing is Hard and How to Fix it with Will Wilson
    Mar 17 2026

    Will Wilson is the founder and CEO of Antithesis, which is trying to change how people test software. The idea is that you run your application inside a special hypervisor environment that intelligently (and deterministically) explores the program’s state space, allowing you to pinpoint and replay the events leading to crashes, bugs, and violations of invariants. In this episode, he and Ron take a broad view of testing, considering not just “the unreasonable effectiveness of example-based tests” but also property-based testing, fuzzing, chaos testing, type systems, and formal methods. How do you blend these techniques to find the subtle, show-stopper bugs that will otherwise wake you up at 3am? As Will has discovered, making testing less painful is actually a tour of some of computer science’s most vexing and interesting problems.

    You can find the transcript for this episode on our website.

    Some links to topics that came up in the discussion:

    • Antithesis, Will’s company
    • FoundationDB’s deterministic simulation framework
    • QuickCheck — the original Haskell property-based testing library, by Koen Claessen and John Hughes
    • Hypothesis — property-based testing for Python, created by David MacIver
    • QuviQ — John Hughes’ company commercializing QuickCheck, including automotive testing work
    • Netflix Chaos Monkey
    • Goodhart’s law — “When a measure becomes a target, it ceases to be a good measure”
    • CAP theorem — the impossibility result for distributed systems that FoundationDB claims to have in some sense violated.
    • Paxos — the consensus algorithm FoundationDB reimplemented from scratch
    • Large cardinals, an area Will studied before abandoning mathematics
    • Lyapunov exponent — measure of chaotic divergence
    • Chesterton’s fence
    • The Story of the Flash Fill Feature in Excel
    • Building a C compiler with a team of parallel Claudes
    • Barak Richman, “How Community Institutions Create Economic Advantage: Jewish Diamond Merchants in New York”
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    1 h y 48 m
  • Why ML Needs a New Programming Language with Chris Lattner
    Sep 3 2025

    Chris Lattner is the creator of LLVM and led the development of the Swift language at Apple. With Mojo, he’s taking another big swing: How do you make the process of getting the full power out of modern GPUs productive and fun? In this episode, Ron and Chris discuss how to design a language that’s easy to use while still providing the level of control required to write state of the art kernels. A key idea is to ask programmers to fully reckon with the details of the hardware, but making that work manageable and shareable via a form of type-safe metaprogramming. The aim is to support both specialization to the computation in question as well as to the hardware platform. “Somebody has to do this work,” Chris says, “if we ever want to get to an ecosystem where one vendor doesn’t control everything.”

    You can find the transcript for this episode on our website.

    Some links to topics that came up in the discussion:

    • Democratizing AI compute (an 11-part series)
    • Modular AI
    • Mojo
    • MLIR
    • Swift
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    1 h y 13 m
  • The Thermodynamics of Trading with Daniel Pontecorvo
    Jul 25 2025

    Daniel Pontecorvo runs the “physical engineering” team at Jane Street. This group blends architecture, mechanical engineering, electrical engineering, and construction management to build functional physical spaces. In this episode, Ron and Dan go deep on the challenge of heat exchange in a datacenter, especially in the face of increasingly dense power demands—and the analogous problem of keeping traders cool at their desks. Along the way they discuss the way ML is changing the physical constraints of computing; the benefits of having physical engineering expertise in-house; the importance of monitoring; and whether you really need Apollo-style CO2 scrubbers to ensure your office gets fresh air.

    You can find the transcript for this episode on our website.

    Some links to topics that came up in the discussion:

    • ASHRAE (American Society of Heating, Refrigerating and Air-Conditioning Engineers)
    • Some research on CO2’s effects on human performance, which motivated us to look into CO2 Scrubbers
    • The Open Compute Project
    • Rail-Optimized and Rail-only network topologies.
    • Immersion cooling, where you submerge a machine in a dielectric fluid!
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    59 m
  • Building Tools for Traders with Ian Henry
    May 28 2025

    Ian Henry started his career at Warby Parker and Trello, building consumer apps for millions of users. Now he writes high-performance tools for a small set of experts on Jane Street’s options desk. In this episode, Ron and Ian explore what it’s like writing code at a company that has been “on its own parallel universe software adventure for the last twenty years.” Along the way, they go on a tour of Ian’s whimsical and sophisticated side projects—like Bauble, a playground for rendering trippy 3D shapes using signed distance functions—that have gone on to inform his work: writing typesafe frontend code for users who measure time in microseconds and prefer their UIs to be “six pixels high.”

    You can find the transcript for this episode on our website.

    Some links to topics that came up in the discussion:

    • Bauble studio
    • Janet for Mortals, by Ian Henry
    • What if writing tests was a joyful experience?
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    1 h y 20 m
  • Finding Signal in the Noise with In Young Cho
    Mar 12 2025

    In Young Cho thought she was going to be a doctor but fell into a trading internship at Jane Street. Now she helps lead the research group’s efforts in machine learning. In this episode, In Young and Ron touch on the porous boundaries between trading, research, and software engineering, which require different sensibilities but are often blended in a single person. They discuss the tension between flexible research tools and robust production systems; the challenges of ML in a low-data, high-noise environment subject to frequent regime changes; and the shift from simple linear models to deep neural networks.

    You can find the transcript for this episode on our website.

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    1 h
  • The Uncertain Art of Accelerating ML Models with Sylvain Gugger
    Oct 14 2024

    Sylvain Gugger is a former math teacher who fell into machine learning via a MOOC and became an expert in the low-level performance details of neural networks. He’s now on the ML infrastructure team at Jane Street, where he helps traders speed up their models. In this episode, Sylvain and Ron go deep on learning rate schedules; the subtle performance bugs PyTorch lets you write; how to keep a hungry GPU well-fed; and lots more, including the foremost importance of reproducibility in training runs. They also discuss some of the unique challenges of doing ML in the world of trading, like the unusual size and shape of market data and the need to do inference at shockingly low latencies.

    You can find the transcript for this episode on our website.

    Some links to topics that came up in the discussion:

    • “Practical Deep Learning for Coders,” a FastAI MOOC by Jeremy Howard, and the book, of which Sylvain is a co-author.
    • The Stanford DAWNBench competition that Sylvain participated in.
    • HuggingFace, and the Accelerate library that Sylvain wrote there.
    • Some of the languages/systems for expression ML models that were discussed: PyTorch, TensorFlow, Jax, Mojo, and Triton
    • CUDA graphs and streams
    • Hogwild concurrency
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    1 h y 6 m
  • Solving Puzzles in Production with Liora Friedberg
    Oct 7 2024

    Liora Friedberg is a Production Engineer at Jane Street with a background in economics and computer science. In this episode, Liora and Ron discuss how production engineering blends high-stakes puzzle solving with thoughtful software engineering, as the people doing support build tools to make that support less necessary. They also discuss how Jane Street uses both tabletop simulation and hands-on exercises to train Production Engineers; what skills effective Production Engineers have in common; and how to create a culture where people aren’t blamed for making costly mistakes.

    You can find the transcript for this episode on our website.

    Some links to topics that came up in the discussion:

    • More about production engineering at Jane Street, including how to apply.
    • Notes on Site reliability engineering in the wider world.
    • Alarm fatigue and desensitization.
    • Jane Street’s 1950’s era serialization-format of choice,
    • Some games that Streeters have used for training people to respond to incidents.
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    54 m
  • From the Lab to the Trading Floor with Erin Murphy
    Jul 12 2024

    Erin Murphy is Jane Street’s first UX designer, and before that, she worked at NASA’s Jet Propulsion Laboratory building user interfaces for space missions. She’s also an illustrator with her own quarterly journal. In this episode, Erin and Ron discuss the challenge of doing user-centered design in an organization where experts are used to building tools for themselves. How do you bring a command-line interface to the web without making it worse for power users? They also discuss how beauty in design is more about utility than aesthetics; what Jane Street looks for in UX candidates; and how to help engineers discover what their users really want.

    You can find the transcript for this episode on our website.

    Some links to topics that came up in the discussion:

    • Erin’s website that shows off her work.
    • Her quarterly journal of sketches and observations.
    • An article about Erin’s design work with NASA JPL.
    • A paper that among other things talks about the user study work that Erin did at JPL.
    • Jane Street’s current UX job opening.
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    1 h y 4 m