21–30 of 37 posts
Big company layoffs are probably more aligned with offshoring than AI, but they'll never admit it. Zuckerbergs 8 billion dollar VR metaverse flop has something to do with this maybe? Last time I checked AI isn't killing jobs if the other news is to be believed.
Earlier quoted context omitted.
We’re going to be well into the Diamond Age before people stop attributing layoffs to ‘Covid overhiring.’
Big tech employee counts are still nearly 2x higher now than 2019.
Big company layoffs are probably more aligned with offshoring than AI, but they'll never admit it. Zuckerbergs 8 billion dollar VR metaverse flop has something to do with this maybe? Last time I checked AI isn't killing jobs if the other news is to be believed.
I believe that was an investment into controlling the next platform, so what happened on iOS with could never happen to them again.
What's far crazier and more applicable to the current balance sheet is the $14.3B acqui-hire of Alexandr Wang. But, what do I know?
Big company layoffs are probably more aligned with offshoring than AI, but they'll never admit it. Zuckerbergs 8 billion dollar VR metaverse flop has something to do with this maybe? Last time I checked AI isn't killing jobs if the other news is to be believed.
"Tech workers"? "a salary of more than $500,000 in her most recent position, as a mid-tier executive at Meta" I'm sorry, but if you're making over half a million in TC a year, you can have an emergency fund set aside as an overpaid executive . How many actual tech workers (the ones making under $100k, lol) are facing even harder financial security than the first-world-problems of some Facebook exec who could afford t…
That said, I believe there probably are workers (in the sense of having the same class interests as other workers rather than the owners, like an executive does) in the Bay Area that earn these kinds of numbers. Again, this is something that a proper political education would make very clear, but anything that smacks of a materialist or class-based analysis is now completely verboten at most levels of the education system because it is considered "Marxism," an enemy ideology.
"Tech workers"? "a salary of more than $500,000 in her most recent position, as a mid-tier executive at Meta" I'm sorry, but if you're making over half a million in TC a year, you can have an emergency fund set aside as an overpaid executive . How many actual tech workers (the ones making under $100k, lol) are facing even harder financial security than the first-world-problems of some Facebook exec who could afford t…
One of the things that surprised me in Silicon Valley is that my colleagues who were making $500K-$1M a year levered up their lives and saved surprisingly little. Multiple houses, $200K cars, nannies, very expensive vacations, you name it.
"Tech workers"? "a salary of more than $500,000 in her most recent position, as a mid-tier executive at Meta" I'm sorry, but if you're making over half a million in TC a year, you can have an emergency fund set aside as an overpaid executive . How many actual tech workers (the ones making under $100k, lol) are facing even harder financial security than the first-world-problems of some Facebook exec who could afford t…
One of the things that surprised me in Silicon Valley is that my colleagues who were making $500K-$1M a year levered up their lives and saved surprisingly little. Multiple houses, $200K cars, nannies, very expensive vacations, you name it.
"Tech workers"? "a salary of more than $500,000 in her most recent position, as a mid-tier executive at Meta" I'm sorry, but if you're making over half a million in TC a year, you can have an emergency fund set aside as an overpaid executive . How many actual tech workers (the ones making under $100k, lol) are facing even harder financial security than the first-world-problems of some Facebook exec who could afford t…
Americans' political education has been deliberately hobbled. An educated person (let alone a journalist) in most of the rest of the developed world (and lots of the developing world) would know instinctively not to call an executive a "worker". That said, I believe there probably are workers (in the sense of having the same class interests as other workers rather than the owners, like an executive does) in the Bay A…