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Today I've made the difficult decision to reduce the size of Coinbase by ~14%

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Re: Today I've made the difficult decision to reduce the size of Coinbase by ~14%

#451

Post by aorloff »

cloche wrote: post #87
wiseowise wrote: post #41

> - No pure managers: Every leader at Coinbase must also be a strong and active individual contributor. Managers should be like player-coaches, getting their hands dirty alongside their teams. Geeks who didn't even stand near professional sports should really shut up about anything sport related, lol. I would really like to see professional, established coach running around with young prodigies on a peak of their bio…

> Geeks who didn't even stand near professional sports should really shut up about anything sport related, lol. I would really like to see professional, established coach running around with young prodigies on a peak of their biology. Player-coach used to be a thing in professional sports a long, long time ago. There's a reason you don't have it anymore. A coach can't be expected to take the long-term view while also…

Lebron James

Re: Today I've made the difficult decision to reduce the size of Coinbase by ~14%

#452

Post by unethical_ban »

_heimdall wrote: post #399

> - No pure managers: Every leader at Coinbase must also be a strong and active individual contributor. Managers should be like player-coaches, getting their hands dirty alongside their teams. This is going to end poorly for them. The only good managers I've had over around 20 years in the industry were 100% people managers and had no IC type of role expectations. I've personally walked away from multiple manager rol…

At the first tier manager layer, an ideal manager has skills in their workers' domain. That doesn't mean their job should require participation in that domain. Requiring that signals they are somewhat desperate to run lean, which wouldn't be a red flag in a small company but does in a large one.

Re: Today I've made the difficult decision to reduce the size of Coinbase by ~14%

#453

Post by The_Blade »

cloche wrote: post #102
draftsman wrote: post #91

Earlier quoted context omitted.

Your comment reminded me that this still happens in the NBA. At 43 years old, Udonis Haslem seldom played minutes towards the end of his 20 year career with the Heat. But they kept him on as a “player-coach,” in that he was a mentor to the younger players and assisted in their coaching. Kyle Lowry is another current example of this “player-coach” role, currently on the Sixers.

Thanks for the examples. I didn't realize this still happened. I don't follow basketball much - more hockey for me with some baseball. It sounds like those examples jive though - they're players in the twilight of their career who still bring a lot of value being in the locker room but maybe aren't ready to fully retire or move to coaching full time. Actually, these scenarios happen in hockey as well. Teams will pick…

i like MLB catchers, but maybe that is just because future HOF manager Austin Hedges is out there ripping an 0.824 OPS, vibes but no vibe coding

Re: Today I've made the difficult decision to reduce the size of Coinbase by ~14%

#455

Post by missedthecue »

strix_varius wrote: post #422
missedthecue wrote: post #274

Earlier quoted context omitted.

At this point, I truly do not believe there is anything that could happen that would convince HN that LLMs reduce demand for engineering labor hours.

Because the data shows exactly the opposite? https://www.businessinsider.com/ai-isnt-killing-software-cod...

If it were 2018 I would personally have hired at least 3 devs at my company in the last 18 months. The only reason I haven't is due to the existence of LLMs. Not budget, not covid overhiring. Not soft demand. I literally do not need more engineer butts in seats. It is not longer a bottleneck.

The only way I can rationalize that so many people refuse to believe this is happening is that they are on the seller side and not the buyer side of engineering labor. This means they have blind sides to the buyers view of the market (some sort of information asymmetry), and secondly they exhibit cognitive dissonance to protect their self-esteem as a seller.

Re: Today I've made the difficult decision to reduce the size of Coinbase by ~14%

#456

Post by asta123 »

wiseowise wrote: post #41

> - No pure managers: Every leader at Coinbase must also be a strong and active individual contributor. Managers should be like player-coaches, getting their hands dirty alongside their teams. Geeks who didn't even stand near professional sports should really shut up about anything sport related, lol. I would really like to see professional, established coach running around with young prodigies on a peak of their bio…

> I would really like to see professional, established coach running around with young prodigies on a peak of their biology.

Experienced high IQ player in a team sport could also be considered player-coach. Players like Lebron James or Nikola Jokic come to mind.

Re: Today I've made the difficult decision to reduce the size of Coinbase by ~14%

#457

Post by quadrifoliate »

notahacker wrote: post #166
ManuelKiessling wrote: post #109

Earlier quoted context omitted.

Reading only the parts of the post that are not about AI does not instill the sense that Mr Armstrong is the kind of person who would hesitate to say that people are let go because the company wants/needs to save money.

Saying they're being let go due to the amazing efficiency of AI juices the stock prices more though.

This. Until we get regulations on AI-related layoffs, even the cheese making company will claim that their regular layoffs are to "invest more in AI".

Re: Today I've made the difficult decision to reduce the size of Coinbase by ~14%

#458

Post by The_Blade »

grogenaut wrote: post #440
dwd wrote: post #413

Earlier quoted context omitted.

The only successful Player-Coach that comes to mind was Eric Cantona as player-manager of the France national beach soccer team after leaving Manchester United aged 30. He won the 2004 Euro Championship, the 2005 FIFA Beach Soccer World Cup along with a number of top 4 places over his 15 years as player and/or coach.

https://en.wikipedia.org/wiki/Pete_Rose

[dead]

Re: Today I've made the difficult decision to reduce the size of Coinbase by ~14%

#459

Post by moomoo11 »

Refreeze5224 wrote: post #417
moomoo11 wrote: post #391

Earlier quoted context omitted.

Surely there are some insanely smart people amongst the 100s of thousands of laid off supposedly god tier software engineers and adjacent who will start new companies maybe even spawn a new industry? Feels like a problem that will solve itself. There are more cars today than people ever had horses.

Cars were more efficient horses. AI is not more efficient people. It's an excuse to reduce payroll. Capital is fundamentally antagonistic to labor, because labor is an eternal cost center that until AI, never had a solution.

Really? I mean to be honest you can do a lot more with less people now with AI.

I’ve worked with many mids but most people were really good. They’re all even better now.

In both technical and non technical roles.

I think people who are average skill at their jobs are about to be rocked if I’m honest.

Re: Today I've made the difficult decision to reduce the size of Coinbase by ~14%

#460

Post by Dylan16807 »

blharr wrote: post #434
Dylan16807 wrote: post #392

Earlier quoted context omitted.

It makes plenty of sense. Player-coaches are a real thing, and in a realm where you're not worried about peak fitness then it's reasonable to demand the coaches become player-coaches.

Player-coaches are a real thing, but noticeable because of how rare and unusual they are. The problem is that the analogy doesn't even hold up in the source its referring to. Sure, there are good player-coaches, but there are also great pure leaders. There are also very bad player-coaches. A coach who is trying too hard and too deep to be a player when they are less "fit" (or skilled) has historically led to many pro…

It's not a deep analogy. It's not saying player coaches are inherently better, but in their particular situation they want the managers to be coding.

There's not much equivalent to "fit" here, just skill, and they decided they don't want the pure leaders, they want ones that are knuckle deep in the sausage.

Good decision or not, that very basic analogy is completely fine.

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