681–690 of 1001 posts
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It is amazing that these lower than average skill level people make companies that earn the highest profits, and have the highest wages.
What's amazing about it? Perhaps they are trying a lot harder.
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I’m not passionately anti-crypto, but moving some of our best minds from ads to crypto[currencies/tokens] is not an obvious triumph to me.
Money gotta money. At least crypto is a slightly-less-obnoxious industry than ads and tracking...
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> It is worth noting that software salaries are artificially inflated HEAVILY due to a general unwillingness or lack of interest in hiring overseas developers. Because it's been tried before and for the most part it was an abysmal failure. I was just starting out doing some basic web freelancing as a teenager in the 2000s and even I got roped in to clean up an outsourced project after being outbid a year earlier by a…
I've been thru off-shorting with India, China, Russia... I'm sorta wondering what country would be next. It has to have a large enough labor pool to fill the positions, and still be cheap enough to at least look good on paper..
They want us back in the office July 16... I'm going to pass so found a new remote role with higher salary and equity. I will be part of this wave. I didn't realy even try with how insane the market is especially if you are specialzed in the current hotness. Moreso, the rise of fully remote role has opened up our ideas about our current living situation. The real estate market in our city is shattered and broken. So…
My commute is 5 miles. 30 minutes by bike (on a few sketchy roads) or 15 minutes by car. I need to time out which is actually faster end-to-end. I setup an office in my house pre-pandemic (It's gaming room with dual monitors on a desktop PC I built in college) 3x the space, a couch and much closer walk to the bathroom. I'm sad to give it up now.
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> Someone has to work to produce food. Only 1% of the workforce in the US produce food. That feeds America and some other countries. > Someone has to work to produce electricity. Again, you need really very few people to make electricity.
They are just two examples of things we need. Did you expect an extensive list of all the things someone needs to do? What is the point of your comment?
I just commented that the basic necessities of life (food, water, electricity, etc…) can be covered with very few people.
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Its pretty common for ordinary middle class kids - and remember in the UK a degree is three years not the US four years (or even longer in Europe) Bit harder now post Brexit though
Between Brexit and COVID most of the typical destinations are out for a while, by the sound of it. Almost all of the people I knew who did gap years before or after university went to either Australia or New Zealand (from the UK) following a three teaching-year degree with an extra industrial placement year - Australia in particular have (had?) a scheme where someone can live and work for a year with few restrictions…
What I don't understand is that everyone still has roughly the same expenses as they did before. The basic economics of rent, groceries, child care, car payments, etc have not changed. I'd think people might move from one industry to another. But how can a wave of people afford to quit? I guess people are living off of their savings, but that seems like a temporary solution. At the least I'd expect to see a similar w…
Lots of people are spending less than a quarter of their income on those expenses. So it's pretty easy to quit and use their savings on it for multiple years.
https://www.marketwatch.com/story/four-in-ten-cant-cover-an-...
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They are just two examples of things we need. Did you expect an extensive list of all the things someone needs to do? What is the point of your comment?
Sure, you can employ everyone and they’ll still be useful. Trash on the streets? That’s a job. Pothole in the road, that’s another job. I just commented that the basic necessities of life (food, water, electricity, etc…) can be covered with very few people.
Of course there are bullshit jobs out there, but I think we are under estimating
Im quitting and not looking for another job. Gonna use the savings to take a gap year, or a couple, work on some stuff I want maybe. Maybe more involvement in OSS is coming too? I've never had a gap year, it was all school, then immigration, work, university, more work. Any holiday time you fly back home. I kept hearing its not unusual for people in the west to take gap years, so thats what Im doing. edit: thank you…
>I kept hearing its not unusual for people in the west to take gap years, so thats what Im doing. You hear a heck of a lot more about it on HN than happens in reality. Maybe I don't hang out with the trust fund crowd enough but I don't know ANYONE who's taken a "gap year" where they weren't doing something for ~40hr/wk in order to make a buck. I know a few people who didn't jump right into career stuff after college…
When I finished university, I had a few weeks between graduation and my start date at a well known Midwestern embedded electronics company. I had a $7k signing bonus and I found a $500 round trip ticket to Rome, so I went to Rome. While I was there, I learned about the world of backpacking and hostels. I ended up spending 6 weeks in Europe before returning home. During that time I decided that travel was something I wanted to pursue in my life.
The salary at my entry level SWE job was $58k, which was pretty modest. I didn’t buy a new car. I didn’t buy a new house. I cooked most meals at home and I brought lunch to work. I tracked my expenses and budget using Mint, and set a goal to save $30k so I could leave and travel in SE Asia where I calculated the daily burn rate should be around $30/day. After three years I hit my savings goal and bought a one way ticket to Hawaii, then from Hawaii to Thailand. I ended up spending over a year outside of the country and returned home with a $10k cushion to get back on my feet.
The biggest leg up I had was graduating with $2000 in student loan debt, but that was made possible mostly through merit based scholarships. No trust fund.
I inspired a friend to do the same thing, except with a destination of Australia on a working holiday visa. Also no trust fund, just living below his means and saving over time.
My advice to you is to find a way to do the things you want to do instead of limiting yourself with beliefs that only the ultra-rich can take time off from work to pursue personal passions.
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It is worth noting that software salaries are artificially inflated HEAVILY due to a general unwillingness or lack of interest in hiring overseas developers. The second this changes, the bottom drops out of software. I don't know if it will ever happen that big companies begin openly accepting overseas applicants but if/when it does, you can expect that it wont be for 100k. Suddenly when you consider the entire plane…
I'm located in Colombia, and all my developers friends/acquaintances that speak English are already working for US companies. Some of them earning 100k+, but most of them earning about 50-70k. I'd say there is not a general unwillingness to hire overseas developers, on the contrary, if more people could speak english in south america US companies would be more than happy to hire even more here. There is a shortage in…