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Same here. I grew up in Seattle and thought that was bad, but the number of downcast and desperate characters I saw in downtown SF and how closely they were pressed up against areas of impressive wealth (like at Mission & 16th) was extremely depressing.
just wait and see what happens when full automation is achieved
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I ask for one (1) example, that does not include any software hubs that mimic the valley (this includes Austin, New York, Boston, and Seattle, but is not limited to), that has an equal, or close to equal, impact on your career in comparison to the Bay Area. The only thing the valley has going for it is the saturation of talent and people who hire talent. The bad, is that without it it's got nothing to really show for…
Citadel, located in Chicago. You guys out west are so smug it’s unbelievable.
I wish there was some way to reduce the randomness of finding people to live with, and increase the odds of compatibility. Maybe something like Ok Cupid for roommates.
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> It didn't really go to shareholders. Data does not support your claim. Consumer excess was definitely realized due to cheaper labor in China and retailers like Walmart exerting influence on vendors, but shareholders most definitely have been receiving the majority of productivity gains. https://www.cbpp.org/research/top-1-percent-of-americans-rea... http://money.cnn.com/2013/03/07/news/economy/compensation-pr... ht…
To the extent your list of links address productivity gains at all, they miss the most important contribution: Inflation, or rather the historically impressive lack thereof over approaching three decades of net economic growth. When firms produce more with less, supply goes up and prices go down. Compare the median American household in 1988 with today’s and you’ll see exactly where all those productivity gains have…
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> It didn't really go to shareholders. Data does not support your claim. Consumer excess was definitely realized due to cheaper labor in China and retailers like Walmart exerting influence on vendors, but shareholders most definitely have been receiving the majority of productivity gains. https://www.cbpp.org/research/top-1-percent-of-americans-rea... http://money.cnn.com/2013/03/07/news/economy/compensation-pr... ht…
To the extent your list of links address productivity gains at all, they miss the most important contribution: Inflation, or rather the historically impressive lack thereof over approaching three decades of net economic growth. When firms produce more with less, supply goes up and prices go down. Compare the median American household in 1988 with today’s and you’ll see exactly where all those productivity gains have…
https://www.usnews.com/news/articles/2016-06-29/hollowing-ou...
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The statistic that constantly rattles around in my head is that 70% of the world lives on less than $10/day. There's an awful long way down from here.
Per capita world GDP is about $16K/year. That's significantly more than $10/day, but it's also significantly less than anyone in the Western world is accustomed to living on.
If American urban planning were in line with global norms (i.e. not built around ubiquitous car ownership), transportation would be dirt cheap or free.
And outside of housing and transportation, $16k/year is a ton of money. I maintain a pretty bougie standard of living on half that.
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I ask for one (1) example, that does not include any software hubs that mimic the valley (this includes Austin, New York, Boston, and Seattle, but is not limited to), that has an equal, or close to equal, impact on your career in comparison to the Bay Area. The only thing the valley has going for it is the saturation of talent and people who hire talent. The bad, is that without it it's got nothing to really show for…
Citadel, located in Chicago. You guys out west are so smug it’s unbelievable.
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Citadel, located in Chicago. You guys out west are so smug it’s unbelievable.
The topic was tech careers. I don't believe Citadel does any algo/prop work that could fall under the umbrella of tech. Off-topic: I'm from the East and #FreeMadix