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New Intel CEO rehiring retired CPU architects

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Re: New Intel CEO rehiring retired CPU architects

#391

Post by anonymouse008 »

staticautomatic wrote: post #381
dboreham wrote: post #339

Earlier quoted context omitted.

$500/hr is usually reserved for work done for lawyers ;)

Yeah to be fair I have a lot of specialized knowledge and experience around the high paying work. But under the hood the approach, methods, tools, and way of thinking are fundamentally identical. I get hired for the high paying stuff in part due to the domain expertise, but really I command that price because I’m $450 an hour better at the $50 an hour work than most other people with the domain expertise. Or maybe I…

Old southern joke:

An oil man had a pump on the fritz and needed someone to fix it, fast. He sought the advice of the best expert he could find, and luckily when the expert listened to the problem he said, "let me spend a day with it and see what I can do."

The old expert pulls up in an empty pickup with only a hammer and nail in hand, calmly walks over to the pump, places the nail on the side, and taps it. Then, the expert dusts himself off and hands the oil man a slip of paper that reads,

"Total $1,000. Nail $1. Where to place the nail $999"

Re: New Intel CEO rehiring retired CPU architects

#392

Post by edgyquant »

astrange wrote: post #331
wjnc wrote: post #228

Earlier quoted context omitted.

A friend of mine was a professor at a US university in ML and came home to NED to work in medical ML and makes about that. I was amazed he wasn't at FAANG and his simple response was "My wife and I agreed that we would raise our children near their grandparents." There's perhaps more diversity in preferences than we can imagine.

What is NED?

Nederlandse = The Netherlands

Re: New Intel CEO rehiring retired CPU architects

#393

Post by willis936 »

mobiledev2014 wrote: post #383
willis936 wrote: post #379

Earlier quoted context omitted.

I have an MSEE working as an engineer on a cutting edge physics project making the salaried equivalent of... $31/hr. HN is great, but it really is not an accurate sample of real world wages.

I’m not an EE and I think that’s an underrepresented group on HN, but... you are surely underpaid

Oh I know. Paying off student loans or owning a house aren’t in the cards, but the work is stimulating and the colleagues are smart and open minded.

Re: New Intel CEO rehiring retired CPU architects

#395

Post by deathanatos »

mkhpalm wrote: post #371
dboreham wrote: post #338

Earlier quoted context omitted.

You won't be able to get someone to fix your car for $45/hr.

Mechanics work on your car for a few hours and the job is done forever.

Haaaaa story time.

Had a flat. Not a big deal; got the spare on, schedule some time at the mechanics to get a new tire. Tire gets put on, everything is great, time passes.

Later, come back for a regularly scheduled tire rotation. "We can't get the lug nuts off. They've been over tightened." the mechanic says. "Well, how do you suppose that happened?" I ask. Of course, it goes a. completely over that their head, (they were the last ones to touch the lug nuts) and of course, b., it's my wallet that pays for their error.

They were not the mechanic for a while after that. Aside from that gaffe they did good work, and everybody else I tried for a while was all around worse. Eventually returned to them, and that was really the only problem I ever had…

Re: New Intel CEO rehiring retired CPU architects

#396

Post by pm90 »

PragmaticPulp wrote: post #137
mediaman wrote: post #80

Earlier quoted context omitted.

It's weird for me to hear all these stories about MBAs. While I'm not an MBA myself, I was in investment banking and planned to get an MBA before I left finance and did something else instead. I regularly pay engineers more than I pay myself as a CEO (granted: I am not really interested in draining the company's coffers for my own benefit, since I have equity). It just seems obvious that, at the end of the day, so mu…

In the case I described, the resistance came from people who invested years and $100,000+ into an MBA degree with an expectation that companies would reciprocate by moving them to the top of the compensation scale. When they joined a company and realized that their graduate degree was not a guarantee that they'd be at the top of the payscale, they interpreted that as an error in the compensation structure. The challe…

MBAs are especially terrible fit (I’m talking about median here, folks) because managing highly skilled engineers whose skills are in high enough demand so they can quit and get a better job whenever is not what most of the US economy looks like. Software itself is unlike manufacturing/services and there aren’t widely accepted models on how to best organize software development. A lot of creativity and open mindedness, not to mention the ability to handle failures frequently, is required in the industry.

Re: New Intel CEO rehiring retired CPU architects

#397

Post by pm90 »

kevin_thibedeau wrote: post #84
PragmaticPulp wrote: post #9

This is an encouraging move. My secondhand understanding was that Intel was losing top talent due to pressure to pay closer to median industry compensation. Top engineers recognized they were underpaid and left the company. I've been part of a similar downhill slide at a smaller company in the billion dollar revenue range. To be blunt, once the [mediocre] MBAs start realizing that the engineers are getting paid more…

Intel was the top H1B sponsor a few years back. Presumably they hollowed out their talent base by hiring less experienced engineers for less pay. Some of whom have returned home or are now working for a competitor closer to home.

I’ve got many friends that joined Intel on an H1B and are now holders of/in the process of getting green cards. The company starts the sponsorship process very quickly and most h1bs in chip design/manufacture probably tend to continue in the US.

Re: New Intel CEO rehiring retired CPU architects

#398

Post by [deleted] »

ulfw wrote: post #375
PragmaticPulp wrote: post #9

This is an encouraging move. My secondhand understanding was that Intel was losing top talent due to pressure to pay closer to median industry compensation. Top engineers recognized they were underpaid and left the company. I've been part of a similar downhill slide at a smaller company in the billion dollar revenue range. To be blunt, once the [mediocre] MBAs start realizing that the engineers are getting paid more…

>> once the [mediocre] MBAs start realizing that the engineers are getting paid more than they are, the pressure to reduce engineering compensation is strong These 'useless MBAs' 'only engineers are worthy beings' generalisations on HN are getting seriously tiring. A lot of people have both backgrounds fyi. There's bad Apples in every profession.

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