121–130 of 173 posts
> HAS TO BE A BOOLEAN VALUE! How we can have a world where this statement exists, and anyone is bullish about LLMs? The lack of precision is appalling. I can see how a gpt-4o can be fun for toy projects, but can you really build meaningful real-world applications with this nonsense?
Yes, I have built many. Also, have you met any humans? What about their lack of precision?
Nit: There appears to be both a "React Native" and a "React-Native" bubble in the JS framework graph.
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I don’t understand the downvotes. Chairman of the federal reserve stated that jobs are overstated. https://www.federalreserve.gov/mediacenter/files/FOMCprescon...
Here’s what the chairman of the federal reserve actually stated about payroll numbers: > there’s an argument that they may be a bit overstated Not one, not two, but three qualifiers[1] that you left out of your retelling. [1] “there’s an argument,” “may be,” and “a bit”
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Here’s what the chairman of the federal reserve actually stated about payroll numbers: > there’s an argument that they may be a bit overstated Not one, not two, but three qualifiers[1] that you left out of your retelling. [1] “there’s an argument,” “may be,” and “a bit”
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At the same time, many have called it a terrible measure of employment for decades.
> HAS TO BE A BOOLEAN VALUE! How we can have a world where this statement exists, and anyone is bullish about LLMs? The lack of precision is appalling. I can see how a gpt-4o can be fun for toy projects, but can you really build meaningful real-world applications with this nonsense?
Yes, I have built many. Also, have you met any humans? What about their lack of precision?
Once bank of america and every other banking app hooks up one of these to my accounts, i better not have to dispute a charge with "HAS TO BE FRAUD, REALLY!"
I'm just waiting out React, using my own much cleaner SPA framework for the last 10 years that's only about 5k LOC and avoids a lot of debouncing and fragmentation issues. From that three.js diagram, it looks like React should turn into a red giant at any moment. Can't wait.
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It is getting more and more apparent that BLS has been cooking jobs numbers.
I don’t understand the downvotes. Chairman of the federal reserve stated that jobs are overstated. https://www.federalreserve.gov/mediacenter/files/FOMCprescon...
The Fed chair’s statement you cite doesn’t support it. He’s just saying that the jobs numbers may not be perfectly representing the actual job market. That is not exactly news; it’s a very hard thing to measure. He’s not accusing the BLS of lying.
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We're a growing B2B company in Norway. We struggled for years to fill in-person positions. We've been at least 2-3 devs short for the past 6+ years. That is, until December last year. Then it was like a flood gate had opened up. Suddenly we had tons of candidates to try to select from. I knew things were bad over in bay area and such, but I didn't expect it to hit the market over the pond here so quickly and abruptly…
It is getting more and more apparent that BLS has been cooking jobs numbers.
Roughly, BLS accurately reflects government employment and then extrapolates to the private sector using a census model that can be several years old. ADP is private sector data and doesn’t reflect government employment. They are essentially sampling disjoint employment pools which leads to some known artifacts.
Sometimes there are large spasms of government job growth through expansion of spending and jobs programs when there is no matching growth in the private sector and the private sector may actually be declining (as seen in ADP data), yet BLS will extrapolate that the private sector must have similarly grown based on the government growth data. Similarly, ADP is generally considered a reasonably accurate model of private sector job growth but doesn’t account for government employment even when it is substantial. ADP can significantly exceed BLS in boom markets.
A heuristic that has been around forever for tracking “productive employment” is that the job market is good when (ADP - BLS) is a positive number and bad when it is negative. Currently, this heuristic is tracking at something like -100k to -150k, which indicates a poor job market.