591–600 of 693 posts
996 - it's a global marketplace of talent and very few in America are willing to work 996. If you are, you either are the founder type or young and unshackled.
I know people don't want to hear this . . . but at my mega large corp, we recently laid off hundreds people who basically didn't do this.
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>But crying about not having a door to walk through isn’t going to change anything. Why is it such a problem for you that people talk about it openly? Why the need to pretend that everyone can have this under control? It seems to me that your advice is just about making you feel better about the situation, about pretending to ourselves that all issues are individual failures, that the world is fair. I do not see peop…
Constructive discussion on what we can do to fix this is welcome but open complaining isn’t going to change anything. It may be cathartic but it’s not productive. I’m not blaming anyone or saying it’s anyone’s failure. I’m simply saying the only thing you can control is you and so it’s up to you to master your habits and desires so that you can afford a future you want.
> ’m simply saying the only thing you can control is you and so it’s up to you to master your habits and desires so that you can afford a future you want.
Nah, there is no possibility "future you want" in your advice. It is just about hiding the reality creating vague feeling that people can control things. Even if they cant.
What you are actually saying is that there is no hope for change. Everybody knows your advice wont lead to a change. Worst, if one believes to your advice, they will vote for politicians who created current situation. Because they are the ones constantly blaming individuals for result of policies they pushed for.
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The wealthy don't buy more crap on black Friday. Inequality is very visible in terms of what sort of consumption occurs. Gotta look at the qualitatives.
Wealthy people love feeling like they are getting a deal.
730,000 H-1B holders within the U.S. Can we just cancel this program please?
Or nurses? https://h1bdata.info/index.php?em=&job=registered+nurse&city...
The problem isn't H-1B. It's H-1B dependent employers gaming the system. https://en.wikipedia.org/wiki/H-1B-dependent_employer https://www.dol.gov/agencies/whd/fact-sheets/62c-h1b-depende...
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Even worse for non-American stockholders of American companies - the IRS charges a 30% foreign withholding tax on dividends. If you ban stock buybacks in favour of dividends, it’s a big tax increase on foreigners, so US stocks lose a whole pile of value for American stockholders when foreigners dump American equities until the ROI equalizes. (Roughly 20% of US equities are foreign-owned.)
They’ll funnel it through a US based shell company. C’mon now.
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You do not understand compounding growth. You could have looked up the numbers for indices yourself, but here you go - S&P500 -> ~4 million NDXT (top 100 tech) -> ~14 million. > just save 100k out of your 170k comp Yes, that was my starting salary, and that's almost exactly what I saved. This calculation assumes your salary is somewhat constant and maxed out as the person I was responding to claimed, but in my experi…
Your math seems way off? NDXT went from ~2300 in 2015 to ~12500 in 2025. That's ~5.5x return. So even if you had your whole 1M saving in 2015, you'd only have 5.5M now. No idea how you get nearly 3x that? And it's way worse if you take the actual scenario which is 100k added every year instead of starting with the 1M. S&P500 is worse yet, at about 3.5x total return if you had the whole million at the start.
Realistically fooker's investment strategy into NDXT of 100k over 10 years would have produced around $2.5M depending on exact timing in the year and partitioning of that 100k. Way less than $15M nonsense. Also would have required extreme conviction alike the crypto types and completely counter how typically multi-million portfolios are managed (diversified).
Also, who needs 15M, at 5M net wealth there honestly is no reason to be working at a $200k/year job. You'll make way more after-tax income even assuming lousy 5% yearly return thru capital gains. Same story for 2.5M @ 10%.
It’s interesting bc I still see mid level (7 yoe) developers getting jobs with no issues. Lots of dispersion of difficulty depending on speciality as well
Yes, smaller firms and startups are still hiring aggressively.
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The ones who own the robots will be doing the consumption. Of course, this all implies that the rest of us will just sit and starve quietly. Somehow I don't think that's likely.
No, we need entertainment, potato chips, some drugs and the mandated degree of access to contraceptives. I'm sure OpenAI can calculate the optimal levels of each.
Long-term, it usually fails because the elites become too greedy and too complacent because they haven't seen what a large scale riot looks like, and try to squeeze too much. Then things blow up somewhere and there's a mad scramble to prevent it elsewhere by making concessions (witness all the improvements in labor rights in the West after the Russian revolution).
730,000 H-1B holders within the U.S. Can we just cancel this program please?
Why do you want to cancel French immersion teachers? https://h1bdata.info/index.php?em=&job=french+language+immer... Or nurses? https://h1bdata.info/index.php?em=&job=registered+nurse&city... The problem isn't H-1B. It's H-1B dependent employers gaming the system. https://en.wikipedia.org/wiki/H-1B-dependent_employer https://www.dol.gov/agencies/whd/fact-sheets/62c-h1b-depende...
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Yeah but isn't the pay shit? like making 1/3th is not a win in my books.
I have hella money.