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This is why this section is in the FAQ:

• http://programmers.stackexchange.com/questions/139058/isnt-open-source-bad-for-developers-themselves
• http://programmers.stackexchange.com/questions/61091/to-open-source-or-not-to-open-source-that-is-the-question
• http://programmers.stackexchange.com/questions/139912/the-reason-to-make-some-code-open-source
• http://programmers.stackexchange.com/questions/2682/does-making-source-code-available-affect-your-ability-to-generate-revenue
• http://programmers.stackexchange.com/questions/130341/open-source-or-closed-source-for-saas
• http://programmers.stackexchange.com/questions/114804/in-what-situations-is-it-a-bad-idea-to-use-open-source-code-for-a-corporate-proj

This is why this section is in the FAQ:

• Isn't open source bad for developers themselves?
• To Open Source or Not to Open Source, that is the question
• The reason to make some code open source
• Does making source code available affect your ability to generate revenue?
• Open-source or closed-source for SaaS?
• In what situations is it a bad idea to use open source code for a corporate project?

Our industry does not open source(we would be the first firm to try this) and the feedback I'm getting from my management team is either 1) we'll destroy the industry or 2) all competitive commercial firms will unite against us and we'll be wiped out either way.

So what are your thoughts? Does open sourcing apply generally or is it only really applicable to software? Is it overall good for people in the industry and outside? I'm actually more interested in the negativeness effects(although positive are welcomed as well)

The first thing that strikes me is that the asker never defines the industry they're in. So we're provided a picture of a secretive industry that would—according to the asker's managers—completely implode if whatever the asker does was open-sourced.

Not a real question/off-topic. Here's where knowing industry the asker's in really helps. Because we're on Programmers.SE, it should be assumed the question's about software development, but this question presents a comparsion between open source applying to software only or "generally".

Is it overall good for people in the industry and outside? I'm actually more interested in the negativeness effects(although positive are welcomed as well)

Not a real question. Asker never defines the industry they're in, and even if they did, "overall good" and "negativeness [sic] effects" are vague and broad correctness criteria.

Our industry (quant) does not open source(we would be the first firm to try this) and the feedback I'm getting from my management team is either 1) we'll destroy the industry or 2) all competitive commercial firms will unite against us and we'll be wiped out either way.

So what are your thoughts? Does open sourcing apply generally or is it only really applicable to software? Is it overall good for people in the quant industry and outside? I'm actually more interested in the negativeness effects(although positive are welcomed as well)

We're provided a picture of a secretive quant industry that would—according to the asker's managers—completely implode if whatever the asker does was open-sourced.

Not a real question/off-topic. Because we're on Programmers.SE, it should be assumed the question's about software development, but this question presents a comparsion between open source applying to software only or "generally".

Is it overall good for people in the quant industry and outside? I'm actually more interested in the negativeness effects(although positive are welcomed as well)

Not a real question. "Overall good" and "negativeness [sic] effects" are vague and broad correctness criteria.

The first thing that strikes me is that the asker never defines the industry they're in. So we're provided a picture of a secretive industry that would—according to the asker's managers—would completely implode if whatever the asker does was open-sourced.

Not a real question/off-topic. Here's where knowing the industry the asker's in really helps. If you read the rest of the story, you should assume we're talking about a software development firm because we're on Programmers.SE. But this question presents a dichotomy of open source applying to software only or "generally". If we're not talking about software development, this is off-topic. If we are talking about software development, this dichotomy doesn't make any sense.

We don't know. Programmers.SE users have opinions about that, sure, but there is no generally-applicable answer that can be provided in the "fun size unit of work" answer that Stack Exchange strives in.

The first thing that strikes me is that the asker never defines the industry they're in. So we're provided a picture of a secretive industry that would—according to the asker's managers—completely implode if whatever the asker does was open-sourced.

Not a real question/off-topic. Here's where knowing industry the asker's in really helps. Because we're on Programmers.SE, it should be assumed the question's about software development, but this question presents a comparsion between open source applying to software only or "generally".

What does "generally" mean? Open source food? Open source cars? Open source plumbing?

If we're not talking about software development, this is off-topic. If we are talking about software development, this comparison doesn't make any sense.

We don't know. Programmers.SE users have opinions about that, sure, but there is no generally-applicable answer that can be provided in the "fun size unit of work" answer that Stack Exchange specializes in.