New Intel CEO rehiring retired CPU architects • Hacker News Board

Re: New Intel CEO rehiring retired CPU architects

#321

Post by phendrenad2 » Fri, Jan 22, 2021, 12:37 AM UTC

spicybright wrote: post #207

darth_avocado wrote: post #151

Earlier quoted context omitted.

I am 100% in the same boat. Had a recruiter reach out to me who wanted me to leave my more than comfortable six figure SV job to do cutting edge contract work in machine learning as a lead engineer for about $50/hour. I was so amused I actually spent the time listening to their pitch and eventually told them that anything less than $200/hour wouldn't even cover my current pay + benefits. Let me know if you can do bet…

I genuinely feel bad for talented people that get suckered into deals like this. Obviously some do if recruiters try and do this.

Being slightly underpaid is a great lifehack, but only if your bosses know it. Less stress, more work/life balance. Let people work themselves to the bone for 30% more money. That isn't for me.

Re: New Intel CEO rehiring retired CPU architects

#322

Post by nineteen999 » Fri, Jan 22, 2021, 12:47 AM UTC

batty_alex wrote: post #248

munk-a wrote: post #204

Earlier quoted context omitted.

Most people do - but don't hesitate to put more value in your labour and look for other career opportunities. The world is pretty unjust at a basic level and if you're waiting for someone to acknowledge your excellence and land a big payday in your lap you'll be waiting for a long time. A big piece of career advice I have for any folks that feel like they're in dead-ends or are just getting started is that, in modern…

> A big piece of career advice I have for any folks that feel like they're in dead-ends or are just getting started is that, in modern society, you should be constantly expending time and energy to ensure you're in the most personally rewarding position - the world is a cruel place where the socially awkward and introverted have a constant uphill battle to not be exploited. This was both uplifting and an apt commenta…

> It may not be as glamorous as going to stand-ups each morning

I must have extremely different definition of glamorous to you.

Re: New Intel CEO rehiring retired CPU architects

#323

Post by giantg2 » Fri, Jan 22, 2021, 1:00 AM UTC

Swizec wrote: post #263

munk-a wrote: post #208

Earlier quoted context omitted.

Their labour can absolutely be that valuable due to how many customers you are effecting with a single hour of work - it's sort of the same principle as athletic stars - paying outrageous salaries to athletes is probably the least bad way to do things (it's certainly better than the companies just pocketing lots of cash). That said, I think this is only achievable because of how relatively young and greenfield softwa…

It’s not about skills, it’s about the value those skills provide. If you write a webapp to solve a $5000/day problem, that’s worth $X. If your company sells that to 10 companies, your work is worth 10X. But if it’s sold to 10000, wow. Think of your work in terms of value provided to the buyer, not in terms of cost to yourself. Thus you unlock career potential

The problem I have with that is - where is the team? It probably not a single person writing that app. It's likely a whole team of people.

In non-tech companies, IT is seen as a cost. Half the time your contribution is just saving the company from hiring x number of people to do the work manually.

Re: New Intel CEO rehiring retired CPU architects

#324

Post by ResearchCode » Fri, Jan 22, 2021, 1:03 AM UTC

corpMaverick wrote: post #73

langitbiru wrote: post #25

Earlier quoted context omitted.

Reading all comments grilling MBAs in HN is one of my guilty pleasures. I think I need to collect them all and put them in one place.

:) Why is it that MBA types always end up on top ? My pet theory is that they just have more time to spent scheming, and influencing others. While engineers are busy trying to get shit done.

Stronger socioeconomic background, as with any success.

Re: New Intel CEO rehiring retired CPU architects

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Post by conro1108 » Fri, Jan 22, 2021, 1:10 AM UTC

JacobSuperslav wrote: post #297

Goosee wrote: post #243

Earlier quoted context omitted.

When I was young, my family made me put all of my christmas/birthday money into the stock market. Intel was suggested by an adult family member who did not have a tech background. That made up a majority of my portfolio. The rest of my portfolio was allocated to a stock I chose, Apple. Reason for Apple: At my elementary school, everyone loved using the Power Mac G5's during computer lab. Every kid had/wanted an iPod…

it's very risky to not diversify your stock portfolio.

The scenario being discussed is a college student with a "portfolio" funded by birthday and Christmas presents.

It makes sense to be less risk averse in that situation than a mid-career software engineer with a family to support planning for retirement.

Re: New Intel CEO rehiring retired CPU architects

#326

Post by astrange » Fri, Jan 22, 2021, 1:11 AM UTC

jimbob45 wrote: post #314

stephencanon wrote: post #104

Earlier quoted context omitted.

$45/hr is about what I was paid as a grad-student intern at Apple ... 15 years ago.

Salaries on HN are the new penis sizes on Reddit. Everyone is 15+ inches and making six figures minimum and if you're not, you're pathetic and are getting taken advantage of.

Well, if you live in SFBA the interns are making six figures (equivalent per hour). Everyone's still living in a studio apartment though.

Re: New Intel CEO rehiring retired CPU architects

#327

Post by giantg2 » Fri, Jan 22, 2021, 1:13 AM UTC

munk-a wrote: post #237

giantg2 wrote: post #233

Earlier quoted context omitted.

There really aren't many FileNet or Neoxam options out there. My wife refuses to relocate, so I'm stuck where I am.

Oh but right now we've got a pandemic on - assuming everybody is onboard with the risk of changing jobs a lot of folks are hiring remote employees.

I still don't see many. There's a contract Filenet job with a contract rate of $60/hr. I don't think it's worth it to trade a fulltime job for that. Not to mention, I'm starting to work with AWS now (sort of, they switch me all the time) so that would be the better longterm option.

Re: New Intel CEO rehiring retired CPU architects

#328

Post by dylan604 » Fri, Jan 22, 2021, 1:13 AM UTC

giantg2 wrote: post #152

stephencanon wrote: post #104

Earlier quoted context omitted.

$45/hr is about what I was paid as a grad-student intern at Apple ... 15 years ago.

I have a salary that would work our to less than $45/hr, with extra hours dragging it down further.

If you make that while trying to live in SF/SV area, then it's probably hard to do. If you make that, and you live in nearly any where else, your money suddenly goes further. If you take it one step further, and make the same money but live in a state without state income taxes, your money goes even further. Keeping up with the Jones in the SF/SV area is quite expensive.

Just a bunch of sentences to say that $/hr isn't the end all, but a decent at-a-glance way of comparing.

Re: New Intel CEO rehiring retired CPU architects

#329

Post by Swizec » Fri, Jan 22, 2021, 1:13 AM UTC

giantg2 wrote: post #323

Swizec wrote: post #263

Earlier quoted context omitted.

It’s not about skills, it’s about the value those skills provide. If you write a webapp to solve a $5000/day problem, that’s worth $X. If your company sells that to 10 companies, your work is worth 10X. But if it’s sold to 10000, wow. Think of your work in terms of value provided to the buyer, not in terms of cost to yourself. Thus you unlock career potential

The problem I have with that is - where is the team? It probably not a single person writing that app. It's likely a whole team of people. In non-tech companies, IT is seen as a cost. Half the time your contribution is just saving the company from hiring x number of people to do the work manually.

You can start by taking value provided and dividing by number of people involved. I can almost promise the number you get is higher than people’s existing salary. Even after accounting for overhead.

Re: New Intel CEO rehiring retired CPU architects

#330

Post by giantg2 » Fri, Jan 22, 2021, 1:15 AM UTC

cosmodisk wrote: post #254

giantg2 wrote: post #165

Earlier quoted context omitted.

I just have trouble wrapping my head around how someone can be that valuable. I'll never even hit $75/hr (excluding inflation).

I'm nowhere near $75/h. A couple of years ago I built a solution for the company I work for that heavily contributed getting hundreds of thousands in revenue( and continues to do so). All it took was a few weeks. Didn't even get a bonus or something and this is a tiny company. Right work can be worth millions,so even $2000/h may not look high enough.

Yeah, but like your example, the company keeps the money.