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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

#421

Post by emmab »

scott_s wrote: post #87
theandrewbailey wrote: post #37

Earlier quoted context omitted.

News like this out of the blue is strange. I was pretty sure that the post-PC era was a sham. It still is, right?

I think we're in a post-PC era. Yes, I spend my work days on a laptop. But most of my personal computing happens on an iPhone or an iPad. I think that PCs (and laptops) will increasingly become "things we do work on" and smartphones and tablets will become "things we consume stuff on". A lot of PC sales, I think, were coming from people buying them for personal use to consume stuff. That market is changing.

They're so much slower to interface with though. I couldn't live without keyboard shortcuts.

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

#422

Post by paganel »

pjlegato wrote: post #140
jhulla wrote: post #122

Earlier quoted context omitted.

To be pedantic: the market is perfectly valued at every moment. Of course market prices will change, sometimes very quickly. BTW, this is a great site for tracking S&P ratios: http://www.multpl.com/

The efficient market hypothesis (the idea that the market is by definition perfectly valued at every moment) is highly controversial, and actively rejected by many finance and economics experts of all political views.

Not the OP, but those finance and economics experts are contradicted by Gottfried Wilhelm Leibniz and his belief that we live in the best of all possible worlds.

In other words I think it's futile to try to attach moral attributes (for example saying that a market is "best" valued at the moment or not) to things like financial transactions, which don't have any intrinsic moral values associated with them. Otherwise we risk talking about long-dead German philosophers when trying to illuminate the problem.

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

#423

Post by mparramon »

"Robots will soon begin taking human jobs in places like retail stores, fast food restaurants, construction sites and transportation. The key technology that will fuel the transition is inexpensive computer vision systems, and the number of human jobs at risk numbers in the tens of millions. More than half of the jobs in the United States could be eliminated."

http://www.amazon.es/Manna-Visions-Humanitys-Future-English-...

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

#424

Post by agumonkey »

jernfrost wrote: post #109
robertelder wrote: post #38

I'm not sure how much of an effect this would have, but from a consumer's point of view, there isn't as much of a reason to buy a new PC every few years anymore. The laptop I'm using right now was purchased in 2011, and the prices in stores now are very comparable to what I paid back then. I've made up my mind to buy a new one a few times, but then when I go to the store, it just isn't worth it.

Exactly the tech industry has been incapable of coming out with new functionality that really requires more power. The only thing I can see which is going to benefit a lot from CPU power is more advance AI or machine learning built in. But we are only seeing very gradual moves in this area now. VR and Games are also candidates of course, but most people aren't hard core gamers. They are fine with Angry Birds ;-) And…

Or maybe we just reached an entertainment / office plateau. Having more compute power benefits high end needs not average consumer ones.

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

#425

Post by trustfundbaby »

zmmmmm wrote: post #404
dingo_bat wrote: post #383

Earlier quoted context omitted.

No, it just means none of the 10k people were qualified enough. They were not fit for the open positions. Otherwise there is no sense in hiring an H1B with the same salary plus all the H1B related fees and expenses.

> Otherwise there is no sense in hiring an H1B with the same salary plus all the H1B related fees and expenses I am sure some employers will perceive them as more compliant employees, given their visa status depends on their continued employment.

If you're looking for compliant employees, why go through the trouble of hiring an h1b employee, bringing them from a different country and paying all the fees associated with processing visas and probably a green card process, and paying them the same or higher (usually, the outsourcing body shops are generally the places that play below market for h1b) ... if you can just find and American to do the same thing?

Hell when you get rid of an h1b worker there are even costs associated with revoking their visa and possibly paying for their flight back!

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

#426

Post by [deleted] »

ericd wrote: post #418
dragontamer wrote: post #405

Earlier quoted context omitted.

> Skylake is the first chip that makes a very strong case as an upgrade. You gain NVME support for your PCIE SSDs http://www.amazon.com/Ableconn-PEXM2-SSD-NGFF-Express-Adapte... If you care about NVMe, just get a $20 expansion card. Besides, NVMe SSDs are expensive. Mushkin Reactor 1TB for $210 yo. Hell, the fastest NVMe SSDs directly go into PCIe lanes. So if I actually cared about the faster speeds, I'd jump to an…

The base Macbook Pro 15" uses Crystalwell and has no dGPU.

[deleted]

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

#427

Post by dragontamer »

ericd wrote: post #418
dragontamer wrote: post #405

Earlier quoted context omitted.

> Skylake is the first chip that makes a very strong case as an upgrade. You gain NVME support for your PCIE SSDs http://www.amazon.com/Ableconn-PEXM2-SSD-NGFF-Express-Adapte... If you care about NVMe, just get a $20 expansion card. Besides, NVMe SSDs are expensive. Mushkin Reactor 1TB for $210 yo. Hell, the fastest NVMe SSDs directly go into PCIe lanes. So if I actually cared about the faster speeds, I'd jump to an…

The base Macbook Pro 15" uses Crystalwell and has no dGPU.

Yeah, but would you seriously recommend it over the AMD Tonga (R9 M370X on the upscaled version)?

The 45W i7 is a heavy burden to carry with Crystalwell. Might as well get better graphics if you're going for the 15" Pro.

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

#428

Post by rtpg »

kbart wrote: post #410
rtpg wrote: post #355

Earlier quoted context omitted.

Pedantic but an iphone is probably a way better purchase than most things if you are low income. For $400 you get a device that will let you watch movies, play games, check email, get phone calls, etc. Granted you could also get a cheaper phone but this replaces your TV and computer! Smartphones are really high-value!

Why do you think only iPhone can do that? Pretty much any 50$ used smartphone can do all those things.

Honestly, $50 smartphones tend to suck a lot. Even the highest-end Firefox OS phone for a while had major keyboard lag. Chances are trying to use things like Skype/VOIP over them would be painful....

I think if you're looking to invest in one useful thing, a good phone would be a great purchase. Maybe the Moto G at $200?

Amortized over a year, you're talking about a lot of bang for the buck.

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

#429

Post by nibnib »

exbluebadge wrote: post #329
aluminussoma wrote: post #190

A good friend was laid off from Intel during their last round of layoffs. Without going to into details that would identify my friend, he was laid off after losing a game of internal politics. His division's vice president even apologized to him for his layoff. My friend's story gave me the impression of Intel being a highly dysfunctional company. My friend was sad to leave Intel, but I think it was good for him in t…

As Andy Glew said, "Only the paranoid survive." I was part of a section laid off en masse under similar circumstances. Our group got a paper "award" for cross-team collaboration, and the partner group got to keep their jobs. The severance was decent, and my new job pays twice as much, so I've got that going for me, which is nice.

you mean Andy Grove?

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

#430

Post by zouhair »

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.

It feels mostly all fake.
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