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These workers have a better gig that 99% of Americans. They certainly have "self-determination". If they can run it better than Zuck they are free to try, believe it or not.
Given that the cited 10% includes the folks who have to drive 2 hours each way to cook/clean in the campus kitchens... not sure that they do. Meta isn't all software engineers, by a long shot
Earlier quoted context omitted.
I don't think the quality of US workers has to decline. The quality of workers in lower CoL places like India simply has to increase, and it has. Both of the companies I've worked for have opened India campuses in the past few years.
I hire for such companies and the quality of US workers vs foreign workers who move here on visas is much different. To be fair, foreign workers who move here on visas tend to be the rich and highly educated of their own country and US workers are more distributed across SES. They also have more education on paper bc they usually need a masters or more to be eligible to work here
It's an honest surprise that this isn't spun as "internal AI efficiency gains." They want the efficiency, of course there's AI component, but they're not pre-claiming victory. Neat. It's worth remembering that there's an _actual_ underlying economic problem here. Interest rates are up. AI spending is expensive. A dollar invested in a company needs to do _more_ than it did 5 years ago, relative to sitting in treasury…
It isn't good optics at the moment, or good politics, for a company to loudly proclaim "we're firing people because of AI taking their jobs". That doesn't mean that's what happened, it only means that whether or not its true, most companies aren't going to say it. The few that have said anything of the sort have suffered some backlash, and they aren't even as prominent as Meta or Microsoft (which also just announced…
Earlier quoted context omitted.
Exiting low performers is one thing, but using layoffs as tool to put pressure on your workforce to extract more labor and keep them busy is a toxic culture.
Toxic = green brokerage accounts for those in charge
I have a genuine dislike for all Meta products now. With time, their intentions have become much more clear and it was never to bring people closer or whatever.
> With time, their intentions have become much more clear Wasn’t the original intention behind facebook to accumulate a directory of hotties, probably with the aim of bringing them ‘closer’? They pretty much put it on the label; it’s not called personality book.
Sort of.
Wikipedia @ 2:
> Mark Zuckerberg built a website called "Facemash" in 2003 while attending Harvard University. The site was comparable to Hot or Not and used photos from online face books, asking users to choose the 'hotter' person".
Britannica:
> Despite its brief tenure, 450 people (who voted 22,000 times) flocked to Facemash. That success prompted Zuckerberg to register the URL http://www.thefacebook.com in January 2004.
> They pretty much put it on the label; it’s not called personality book.
Wikipedia @ 3:
> A face book or facebook is a paper or online directory of individuals' photographs and names published by some American universities.
Wikipedia @ 2:
> Zuckerberg coded a new site known as "TheFacebook", stating, "It is clear that the technology needed to create a centralized Website is readily available ... the benefits are many."
[1] https://www.britannica.com/money/Facebook
I have a genuine dislike for all Meta products now. With time, their intentions have become much more clear and it was never to bring people closer or whatever.
> With time, their intentions have become much more clear Wasn’t the original intention behind facebook to accumulate a directory of hotties, probably with the aim of bringing them ‘closer’? They pretty much put it on the label; it’s not called personality book.
It's an honest surprise that this isn't spun as "internal AI efficiency gains." They want the efficiency, of course there's AI component, but they're not pre-claiming victory. Neat. It's worth remembering that there's an _actual_ underlying economic problem here. Interest rates are up. AI spending is expensive. A dollar invested in a company needs to do _more_ than it did 5 years ago, relative to sitting in treasury…
I'm guessing a lot of these large companies will have massive layoffs followed by slightly less massive re-hiring in 6 to 18 months.
I think there's a big disconnect between how competent the AI crowd says it is vs reality.
It's an honest surprise that this isn't spun as "internal AI efficiency gains." They want the efficiency, of course there's AI component, but they're not pre-claiming victory. Neat. It's worth remembering that there's an _actual_ underlying economic problem here. Interest rates are up. AI spending is expensive. A dollar invested in a company needs to do _more_ than it did 5 years ago, relative to sitting in treasury…
To play devil’s advocate, what they’re doing is not remotely cowardly, it is the entire point of their existence
They have a lever they can pull that will increase profits and the stock price. Why the hell else does a company like Meta even exist? It sure as hell isn’t to provide jobs to meat bags, and anyone that thinks it is needs a very quick lesson about the real world.
Earlier quoted context omitted.
Are weekends off un-american too because it came from worker movements? Re: replies that one day off has been around much longer. Yes that’s what changed - the change was for 2 days off.
Saturdays are communist. Sundays are far-right.