431–440 of 540 posts
> “I had hoped the economy would have more clearly stabilized by now, but from what we're seeing it doesn't yet seem like it has, so we want to plan somewhat conservatively,” Zuckerberg said. A Meta spokesperson declined to comment. The economy is stabilizing. It's being weaned off of ultra-loose money for the first time in years. The stock market is starting to behave more rationally, demanding that a company whose…
Facebook (Meta) cannot innovate. Their growth since inception is almost exclusively through acquisitions. Instagram, WhatsApp, and Oculus. The core Facebook product is arguably worse today than it was 15 years ago. Meta's response to new market entrants is to just copy their features, and when they do attempt to innovate it's just comically off-base (Metaverse). This entire "Metaverse" play is so ridiculous it's deep…
Innovation at this point != success
Just look at Oracle... they're still alive and doing OK
They don't need to at this point. They have FB, IG, WhatsApp, and Messenger
That's already a lot to begin with, they could've just coasted and they'd be fine
But instead they have their idiot CEO creating PR nightmare after PR nightmare (just look at this https://www.youtube.com/watch?v=z8q2BQOGRGE and tell me he isn't a liability) and funneling billions into what's going to be the biggest business mistake of this decade
Perhaps Zuckerberg should be paid significantly less? Perhaps Facebook employees should fight back? Like protest or leak controversial information, especially since Facebook is in the data hoarding business? But, stuff like this should make Facebook employees angry. Zuckerberg is not a person to envy. Read this: https://www.velvetropes.com/backstage/mark-zuckerberg-house Also, a few years ago Zuckerberg spent like $2…
It's a wonder he hasn't been pushed out yet. I'm pretty sure he's holding enough stock to prevent it from happening, but you have to wonder what kind of internal pressure there is in the Facebook C suite right now
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Basic tree traversal is considered "leetcode" these days? No wonder software is shit.
for html node selection? this seems like a silly jump
It’s optimising for the 1%.
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Immigration is incredibly key to this. There are a number of nations where young people outstrip elderly populations and allowing the flow of people and labor is crucial, as is their enablement/assimilation/integration so that they stay
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Having actually spent some time in France I'm happy to be able to inform you that this is Fox News bullshit.
It's better to base your opinions on experience in the real world than on whatever nonsense you see on the propaganda arm of the lunatic wing of the Republican Party
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Immigration is incredibly key to this. There are a number of nations where young people outstrip elderly populations and allowing the flow of people and labor is crucial, as is their enablement/assimilation/integration so that they stay
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“Length of tenure at time of severance” That is such a better metric, why is this not used more often
It has its own almost-opposite problem in only counting employees who did leave .
https://en.m.wikipedia.org/wiki/Kaplan%E2%80%93Meier_estimat...
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> The economy is stabilizing. It's being weaned off of ultra-loose money for the first time in years. You might enjoy reading "Principles for Dealing with the Changing World Order: Why Nations Succeed and Fail", https://www.amazon.com/Changing-World-Order-Nations-Succeed-... (The author is Ray Dalio, one of the US's best institutional investors.) The big question is, when are we going to hit bottom? We need to make i…
> and Taiwan situations Let's hope we don't get a Taiwan situation on top of all of the other stuff that's going on. That way lies WWIII.
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China has multiple generations. Even "stark" demographic collapse at PRC scale is generating millions of new births per year (several times greater than US even with immigration), there will never be shortage of bodies to fill the military, especially increasingly small force structure of modern militaries that's shifting towards autonomous platforms. As for economy, expect PRC to continue growing, more importantly,…
Japan's economy has been stagnant for the last thirty years[1]. China can look forward to worse by all indications so far. Upskilling their labor force won't fix that. It didn't save Japan. [1] https://www.macrotrends.net/countries/JPN/japan/gdp-growth-r...
Not for JP because their skillforce potential was already relatively maxed out, their education reform paid off late in 70s while domestic politics squandered female labour participation. JP stagnanted after it tapped out demographic divident of educated/skilled work force in 80s - JP didn't have enough people / demand to upgrade what she had left to push further. Ultimately she settled in fairly prosperous status quo, but as medium sized country, also did not have sufficient internal market or requisite talent to compete across every sector.
VS PRC's recent skilled demographic explosion form 00s academic / S&T / R&D reforms that have not been fully exploited, which is the critical cohort that will build national strength. PRC has internal markets and talent pool to compete in every sector and will move up value chain accordingly. Ultimately just due to sheer amount of people, huge % of whom are lost cause, PRC will settle somewhere below JP, but still significantly higher than where it is now, likely much than US in gross/real ppp terms. Another important dynamic is PRC moving up value chain across all sectors will chip away at western economic primacy. PRC's skills driven growth trend will be slower relative to historic performance of other Tigers because even world demand was not enough to uplift 1.4B people. But that slower growth will start to directly challenge / eat lunch in sectors wealthy west dominantes. PRC may grow slow, but it merely growing will ensure west grows SLOWER if not regress.
One should expect PRC economy to grow slower and stagnate in 20-30 years, but will pull head of US, substantively in real GDP / PPP terms. All while moving up the up value chain, increasing comprehensive national power, and simulatenously erode western economies growth potential. Antcipate a future where every $1 growth in PRC hightech exports takes away 2% from west. Expect PRC industrial/trade policy sell at -$1 loss to cost west $4. JP as US vassel post war did not have the political freedom to play that game, it got Plaza'ed instead.
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Because the rich get to borrow and buy assets and assets go up in prices. The haves benefit way more from cheap debt than have nots who can't take out debt or have appreciating assets to begin with.
Explain it like I'm 5 (or pls link me, happy to read more): Previously the rich were borrowing easily and buying assets that go up in price bc...easy money. i.e. Houses appreciate really quickly, people can't afford them, the median income is outstripped by the median price etc. etc. Now rates are going up but more people need to lose their job and be able to afford even less just at a lower price? i.e. Houses apprec…