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Intel to Cut 12,000 Jobs, Forecast Misses Amid PC Blight

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Re: Intel to Cut 12,000 Jobs, Forecast Misses Amid PC Blight

#371

Post by elliotec »

Deusdies wrote: post #359
eyeareque wrote: post #340

Earlier quoted context omitted.

Really, not because they are cheaper and wear handcuffs to their desk so-to-say since they'd have to go back home if they lose their job?

No, not because of that. In case you did not know, the companies are obligated to pay H1b employees more than the prevailing wage for that position in that county. This is something controlled by the Department of Labor.

What do you mean by this? I know for a fact that I was paid more than some H1B folks at previous companies, with equivalent titles and experience.

Re: Intel to Cut 12,000 Jobs, Forecast Misses Amid PC Blight

#372

Post by matt_wulfeck »

Deusdies wrote: post #359
eyeareque wrote: post #340

Earlier quoted context omitted.

Really, not because they are cheaper and wear handcuffs to their desk so-to-say since they'd have to go back home if they lose their job?

No, not because of that. In case you did not know, the companies are obligated to pay H1b employees more than the prevailing wage for that position in that county. This is something controlled by the Department of Labor.

> In case you did not know, the companies are obligated to pay H1b employees more than the prevailing wage for that position in that county

Where's your data on that? Depending on the company I've been at the public H1B numbers were lower than what I would expect.

Re: Intel to Cut 12,000 Jobs, Forecast Misses Amid PC Blight

#373

Post by arjn »

malchow wrote: post #67
5ilv3r wrote: post #49

Earlier quoted context omitted.

How much of your time is now on a mobile that used to be on a desktop? Their core business is drying up.

Am I the only person for whom the answer to this question is "almost none?" I'm serious: about 80% of my day is meeting with real people in the real world. Mobile phones haven't changed that. The other 20% of my day is sitting at my desk creating original work product (mathematical models and thoughtful memoranda) or reviewing the work product of others. Mobile phones haven't changed that, either. No doubt the drough…

Nah. I think there are more than a few of us around. I mostly avoid using my smart phone and I don't have a data plan. I had to buy it because I was travelling abroad and it was a light device I could use to communicate and take photos with. Most of my work is done on my laptop.

Re: Intel to Cut 12,000 Jobs, Forecast Misses Amid PC Blight

#374

Post by erkkie »

nsxwolf wrote: post #345
twoodfin wrote: post #308

Earlier quoted context omitted.

How does that work? If I have a meager income I'm not buying an iPhone or a desirable target for ads from Instagram.

Apparently it works just as djslumdog says -- people like him/her will continue doing the small amount of important work that can't be automated, and will be compensated handsomley to do so. They will fly around the world, enjoying vacations, live in large homes, eat lavish meals. Everyone else will live in 100 square foot apartments in Soviet-style concrete bunkers, eating ramen (or possibly Soylent). But they won't…

But what's the alternative? Don't give anyone even the meager means of living? Communism? (that worked out well). In the coming years, tons of people will be out of jobs and incapable of participating in the shrinking not yet automated away economy, what do we do?

Re: Intel to Cut 12,000 Jobs, Forecast Misses Amid PC Blight

#375

Post by BuckRogers »

noir_lord wrote: post #216
fokov wrote: post #165

Earlier quoted context omitted.

Anecdote, I was an avid gamer that would upgrade whenever the price/performance was good enough for my budget. However, I bought almost top tier stuff back in 2008 and haven't upgraded the core of my system since. I don't game like I used to, but it still does everything I need it to do. I used to do yearly-ish new builds as well.

Me as well, I built an i5-2500K system backend 2010(ish), it's still my main home desktop, 32GB RAM and an SSD and it's as fast as the machine at work that is two generations newer (or more correct it's imperceptibly slower). Things have really levelled out for average loads even developer loads (mostly do web dev, run vagrant machines that kind of thing). I can't see me upgrading til this thing dies tbh.

Same boat. I built in 2009 and have a Q9450@3Ghz and a Radeon 5870 with 8GB RAM and a one-time top of the line Intel 160GB X25-M SSD. Still works great. There's only 1 thing I don't like about it, with 3 monitor outputs enabled the idle temp on the GPU is pretty hot (~86C). I'm hoping a newer machine will bring that down. Single output it's about 57C, so a huge difference.

But I got tired of 190F slowly being pumped out of my case and into the room. Its replacement is finally on the way. I preordered Intel's Skull Canyon NUC[0]. Got 32GB of DDR4-2800Mhz memory and a 512GB Samsung 950 Pro PCIE/NVME M.2 SSD. I'll be dailychaining a single DisplayPort cable to 3 new LCDs as well.

Pretty huge leap in performance. It just made sense to stop building new computers and jump on the NUC bandwagon. All I do is development, League of Legends and the rare CSGo. The ~Geforce 750 performance levels that NUC will provide will be enough. The inclusion of the Thunderbolt3 port for an external GPU case really put my mind at ease. Not that I intend to utilize it, but I'm glad it's there. Same upgradability as any other machine. SSD/RAM/GPU. The CPU is soldered, but I never once replaced a CPU after building a computer anyway. Other than the few Athlons I killed from overclocking in ~2001.

Probably upgrade more often if these new gaming NUCs are as good as I think they'll be. Next upgrade for me will be 10nm + Thunderbolt4 NUC. And the final perk, all-Intel so it'll work great with any Linux distro natively. That's worth a lot to me.

Unless Intel failed hard with this thing, which I highly doubt.. it's Intel.. I'm all-in on NUCs from here on out.

[0]http://www.newegg.com/Product/Product.aspx?Item=N82E16856102...

Re: Intel to Cut 12,000 Jobs, Forecast Misses Amid PC Blight

#376

Post by SixSigma »

Jerry2 wrote: post #77
tma-1 wrote: post #39

So Intel is cutting 11% of its workforce, Goldman Sachs just reported a 56% drop in profits, Morgan Stanley had a 50% drop in profits, Netflix missed subscriber growth estimates etc... yet, the Dow just hit a 9-Month high, and the S&P500 is now above 2100. The whole market is overvalued, not just the tech unicorns.

> The whole market is overvalued, not just the tech unicorns. Yep. That's what Peter Thiel is saying as well: https://news.ycombinator.com/item?id=11485376

Aside from if he's right or not, that is the belief one would expect him to hold, his other option is "looks like I'm a bad investor after all".

Re: Intel to Cut 12,000 Jobs, Forecast Misses Amid PC Blight

#377

Post by platinum1 »

matt_wulfeck wrote: post #372
Deusdies wrote: post #359

Earlier quoted context omitted.

No, not because of that. In case you did not know, the companies are obligated to pay H1b employees more than the prevailing wage for that position in that county. This is something controlled by the Department of Labor.

> In case you did not know, the companies are obligated to pay H1b employees more than the prevailing wage for that position in that county Where's your data on that? Depending on the company I've been at the public H1B numbers were lower than what I would expect.

It's the law: https://www.foreignlaborcert.doleta.gov/wages.cfm

Re: Intel to Cut 12,000 Jobs, Forecast Misses Amid PC Blight

#378

Post by dgemm »

tma-1 wrote: post #237
criley2 wrote: post #214

Earlier quoted context omitted.

"The stimulus mode is a permanent regime now" As a general FYI to those reading -- please fact check before commenting. The Federal Reserve's quantitative easing program ended on Oct 29th, 2014 (538 days ago!) It is difficult to assert that a program which ended over 500 days ago is permanent. Additionally, one may be willing to assert that "ZIRP is permanent regime now" too, to tack onto the culture that central ban…

Yes it's permanent. Interest rates are still super low, meaning companies can still take on debt to buy back their stock. The effect of quantitive easing remains until interest rates start going up and the Fed start buying government bonds from the banks.

Interest rates have already started going up.

Re: Intel to Cut 12,000 Jobs, Forecast Misses Amid PC Blight

#379

Post by dgemm »

tmptmp wrote: post #369
msbarnett wrote: post #142

Earlier quoted context omitted.

Computing devices are selling like hotcakes, far moreso than ever before. But most of them are full of ARM chips fab'd by companies not named Intel.

>>Computing devices hmm... only if I kid myself that the mobile phones (even the smart ones) are actually computing devices on which "I can compute whatever I wish to compute AND the way I can compute on a PC". Most of the ARM devices sold are NOT computing devices for the general person who purchases them. It reminds me the fallacy of calling smart-phones "supercomputers in one's pocket". May be the ARM chip based d…

How much "computing" do you think the average user does with a PC?
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