61–70 of 125 posts
Let's pay respect in ways other than money too. Money isn't everything and the goal isn't to have everybody ranked by income as a proxy for how useful or how much "worth" they are.
If you don't believe it is all that matters, you will quickly be reminded of how wrong you are to believe that.
If you've seen Margin Call , you know the scene I'm thinking of right now. The "I Built a Bridge" scene. Beginning in the mid-70s something went horribly, horribly wrong with the way capital handles risk management, resulting in "real stuff" being undervalued by orders of magnitude, since it was by nature riskier. Hence that aforementuioned scene. Russian-style command economies failed in some part because they lacke…
Tbh, your comment looks like it was authored by an LLM -- what is a "telluric state"?
If you've seen Margin Call , you know the scene I'm thinking of right now. The "I Built a Bridge" scene. Beginning in the mid-70s something went horribly, horribly wrong with the way capital handles risk management, resulting in "real stuff" being undervalued by orders of magnitude, since it was by nature riskier. Hence that aforementuioned scene. Russian-style command economies failed in some part because they lacke…
Tbh, your comment looks like it was authored by an LLM -- what is a "telluric state"?
I fail to grasp the sentence though. What's a thalassocracy supposed to be in today's world?
The reason software engineers make more money than other engineers is quite simple. Software scales a lot better than hardware, so a lot more money can be made with it. Thus more business are built on it, thus demand for those who can build software, thus higher pay. That software engineers be pampered or not is a result of demand being high for the skills. In the long term, it's not a matter of industry culture (as…
If you've seen Margin Call , you know the scene I'm thinking of right now. The "I Built a Bridge" scene. Beginning in the mid-70s something went horribly, horribly wrong with the way capital handles risk management, resulting in "real stuff" being undervalued by orders of magnitude, since it was by nature riskier. Hence that aforementuioned scene. Russian-style command economies failed in some part because they lacke…
Tbh, your comment looks like it was authored by an LLM -- what is a "telluric state"?
I take their overall point there to draw a parallel to small states as islands, small spits of sand, connected by the thalassocracies, or oceans, of the US and USSR. In some sense, this is actually reality, especially under the US system of global economic hegemony via free trade (or some approximate, thereof).
The reason software engineers make more money than other engineers is quite simple. Software scales a lot better than hardware, so a lot more money can be made with it. Thus more business are built on it, thus demand for those who can build software, thus higher pay. That software engineers be pampered or not is a result of demand being high for the skills. In the long term, it's not a matter of industry culture (as…
Software also requires far more maintenance and modification. Whereas building a bridge takes more work than maintaining it software is often the opposite
If you've seen Margin Call , you know the scene I'm thinking of right now. The "I Built a Bridge" scene. Beginning in the mid-70s something went horribly, horribly wrong with the way capital handles risk management, resulting in "real stuff" being undervalued by orders of magnitude, since it was by nature riskier. Hence that aforementuioned scene. Russian-style command economies failed in some part because they lacke…
Tbh, your comment looks like it was authored by an LLM -- what is a "telluric state"?
Not an LLM but maybe a francophone or a logophile.
If you've seen Margin Call , you know the scene I'm thinking of right now. The "I Built a Bridge" scene. Beginning in the mid-70s something went horribly, horribly wrong with the way capital handles risk management, resulting in "real stuff" being undervalued by orders of magnitude, since it was by nature riskier. Hence that aforementuioned scene. Russian-style command economies failed in some part because they lacke…