The Post-Developer Era
joshwcomeau.com
The Post-Developer Era
1–10 of 71 posts
Re: The Post-Developer Era
#2"If you’re passionate about software development, or if you see it as the best opportunity for you to earn a high salary that’ll lift you into the upper middle class, I really hope you won’t let yourself get discouraged by AI hype."
+100 to that
Re: The Post-Developer Era
#3"If you’re passionate about software development, or if you see it as the best opportunity for you to earn a high salary that’ll lift you into the upper middle class, I really hope you won’t let yourself get discouraged by AI hype." +100 to that
[deleted]
Re: The Post-Developer Era
#4The "AGI is right around the corner" argument is effectively corporate malpractice. No, shareholders don't want you to wait around and do nothing (other than a few layoffs here and there) while you wait for AGI.
Re: The Post-Developer Era
#5Someone kill that muppet that jumps out of the margin halfway down. Please.
Re: The Post-Developer Era
#6The "AGI is right around the corner" argument is effectively corporate malpractice. No, shareholders don't want you to wait around and do nothing (other than a few layoffs here and there) while you wait for AGI.
The layoff mass hysteria that ran through the tech industry established doing less or nothing as a corporate virtue.
If the market gave your company a PE ratio of 20+ and you're flush with cash, it is borderline fiduciary negligence to be slashing projects and doing layoffs. Your shareholders didn't invest in you for the capital preservation portfolio-management skills of your finance department.
Re: The Post-Developer Era
#7Someone kill that muppet that jumps out of the margin halfway down. Please.
Yes, that manages to be both super annoying and condescending at the same time.
Re: The Post-Developer Era
#8The "AGI is right around the corner" argument is effectively corporate malpractice. No, shareholders don't want you to wait around and do nothing (other than a few layoffs here and there) while you wait for AGI.
The layoff mass hysteria that ran through the tech industry established doing less or nothing as a corporate virtue. If the market gave your company a PE ratio of 20+ and you're flush with cash, it is borderline fiduciary negligence to be slashing projects and doing layoffs. Your shareholders didn't invest in you for the capital preservation portfolio-management skills of your finance department.
Not necessarily. Should the market action bump up a company PE very high (hello, Costco at PE 53 today) that's not a reason to splurge on projects. On the contrary, many shareholders would expect the company to behave responsibly, save cash, pause share buybacks and build up war chest for leaner times, where buying a competitor could be way cheaper. My 2c.
Re: The Post-Developer Era
#9Americans inexplicably re-elected a wildly incompetent conman to be president
In fact, this was totally and easily explicable after the dominant political party tried to convince Americans that their current leader was not suffering from severe cognitive decline and was "sharp as a tack" (a Biden admin talking point) and that NPCs lying to Americans about Trump being "easy to beat" by Kamala and also lying to them about Trump calling Charlottesville protestors "very fine people" and thinking that those fake attempts to make Trump look like he was endorsing Nazis wouldn't backfire explosively.
So, no, it was not "inexplicable" at all but it was rather Whiplash Effect initiated by media narratives originating in the Democrat ecosystem. And don't forget: Trump, Elon and Rogan are all ex-Democrats. I wonder, too, if the author was one of those people who deluded himself into thinking "Kamala is a great candidate" against all the evidence.
So the "Russiagate" hoax failed, "Kamala is awesome" failed, elites orienting themselves around appeasing far left pressure groups failed, smug contempt for middle America failed (astonishingly) and yet it is "inexplicable" why Orange Man Bad won the election!
Re: The Post-Developer Era
#10Earlier quoted context omitted.
The layoff mass hysteria that ran through the tech industry established doing less or nothing as a corporate virtue. If the market gave your company a PE ratio of 20+ and you're flush with cash, it is borderline fiduciary negligence to be slashing projects and doing layoffs. Your shareholders didn't invest in you for the capital preservation portfolio-management skills of your finance department.
Not necessarily. Should the market action bump up a company PE very high (hello, Costco at PE 53 today) that's not a reason to splurge on projects. On the contrary, many shareholders would expect the company to behave responsibly, save cash, pause share buybacks and build up war chest for leaner times, where buying a competitor could be way cheaper. My 2c.
If the PE ratio is high enough, the company can raise money by simply issuing more shares. Giving the company a money-printer is the whole point of the stock market. That's what makes you an investor -- you're offering the company the value of your shares by exposing yourself to "inflation" whenever the company needs to raise some money.