JustLurking2022

Honestly, with any vendor not named AWS, it's incredibly difficult to parse their actual "cloud" revenue. I believe Microsoft bundles in their Office 365 revenue just as Google does Docs. IBM stuffs in all sorts of seemingly unrelated stuff to make their numbers sound bigger. It's actually difficult to compare apples-to-apples because of all the gamesmanship.

A Big 4 can't conduct a proper SOC audit without access to the cloud providers internal controls/processes. That's the problematic/expensive part since it requires a bunch of time from the cloud provider, which they will also likely want to bill for.

I had a Windows phone and android simultaneously - I actually liked the UI on the windows phone but I think I may have been the only person on earth that did because I virtually never saw another one. From that perspective, I can understand choosing not to build for the platform.

Just to clarify on the Go point - that was all made up BS from Rob Pike.

It's always interesting to find out about these niche subcultures. Having worked with batch schedulers of all varieties for a couple decades, I've never run across Sidekiq but, then again, I didn't realize anyone had actually built anything in Ruby in the past decade.

Speaking as someone who went through this process at a large financial firm, you're off by at least an order of magnitude. You need a SOC1 audit of each product you plan to use, which is likely quite a few if you want to take full advantage. The big players should eventually be able to offer that for free once they've been through the process but, at least relatively recently, it was only true today if your cloud budget was tend of millions. That aside, you'll still need an audit of your usage of the cloud (i.e. how you deploy to it and handle movement of data back and forth). That'll always be on your dime.

Missed the point - they are saying that, in the future, there will be no human generated content left on the Internet.

It's tempting to think so but there are a couple huge difference to 2008. For one, all the loans from before mid-2022 are quite affordable, so owners generally have little incentive to sell, limiting supply.

Second, the critical aspect making 2008 so bad was the contagion effect throughout financial markets - MBS were so pervasive that suddenly no one knew if their bank's assets were worth anything at all. Uncertainty is the worst for financial markets - they tend to assume the worst which can lead to credit just seizing up. That was a trigger for some of the worst of the economic damage. Despite the recent turbulence for banks, the situation isn't comparable. There banks were holding some of the most widely traded assets, generally considered extremely safe - they simply had too long of a time horizon (which is still poor risk management). No one is worrying that the banks' assets might actually be totally worthless and, with the support signals coming from the Fed and FDIC, it's doubtful the crisis of confidence blows up the way 2008 did.

You think banks would become less profitable by charging fees?

Retail banking is not some wildly lucrative enterprise, generally speaking - it's the boring, stable-ish segment of finance. They're gonna make roughly the same margin, whether through fees or spread.

That's insanely unrealistic in the near zero interest rate era of the past decade and merely a really terrible idea with more normal rates.

Banks have some set of relatively fixed cost, in terms of systems and staff. In a low rate environment, there's virtually no margin to be made on short term lending. Stretching the duration for higher yield is the only way to get margin to cover expenses.

Even in a high rate environment, most of a bank's reserves tend to be short term - savings accounts, 1 year CDs, etc. The things people want to borrow for (e.g. houses, cars) tend to have a longer time horizon to pay off. So if you want banks to actually make those kinds of loans, duration matching doesn't work.

There are solutions to this - things like Dependabot go a long way and can integrate pretty seamlessly into your existing Git workflow.

That's how one might like to think traditional media works but then again the Lakers play in the FTX (previously Staples) Center, and plenty of other orgs have taken shady crypto money as well. It's not exactly like human review is a perfect solution.

You should read up about DMA coming out of the EU. Privacy is possible even in a conglomerate.

Those who can't do...

Honestly, I felt the same way about several people I knew who made a small fortune off tech company stock. They weren't necessarily any more skilled than other devs I knew, but they lived in the right areas to get recruited and took the risk - and that's the nature of risk.

They've been executing so well that they had to buy their way into the the AI space?

Don't get me wrong, Azure has been quite successful but I don't see their investment into ChatGPT as reflecting any noteworthy change in Microsoft's own internal capabilities.

Strongly disagree - they will lose credibility if they put out something half-baked. Yahoo existed long before Google search - they won because the experience was so much better that people started calling "Googling" rather than searching.

But first you need a company in dire enough straits that a critical mass of people understand a turnaround is necessary. Otherwise, that transformational leader may fire a few people but end up undermined by the masses who just don't care.

I would expect it's a database consistency issue across some distributed NoSQL store.

Not if they have a better search engine than most sites internal one...

Why are we still talking about this guy?

"A few years ago" there were half the employees in total, or less. I'm guessing the L9 IC population has grown similarly - I just heard of a former colleague at another company bring hired in at that level.

Also, not everyone even makes their level visible, with makes me miss skeptical of this supposed survey.

Ehhh... There's an interesting question there as to what degree some of these folks contribute to the bottom line. For sure, many have made groundbreaking contributions to the field, although often in an academic setting.

That doesn't necessarily translate to shipping production software, so some may be vanity hires as much as people actually working on products. In tighter times that becomes tougher to justify. I have no idea but I wouldn't rule it out.

Ehhh... You'd be surprised.

Let's be real - Apple outsources the dirty work of hiring/firing loads of workers to Foxconn. If the demand for iPhones slips, there will still be people out of a job, it will simply be factory workers in China/India who likely have far less savings to fall back on.

Honest question - by the time you're scaling with GridGain, why are you still using Excel? Even Python is probably faster by a decent margin.

Sure, you can write safe C++ code but it's up to you to know all the patterns/syntax to do so. Other languages give you compile time errors when you try to do something unsafe.

Long time .NET developer here - I think criticism of Microsoft as being worse than other companies, particularly at that time, is valid. For the longest time, choosing .NET also required it to run on Windows Server which, besides the cost implications, isn't great at scale. They also used it to try to push SQL Server. .NET Core solved some of this but some skepticism is still justified.

I work with some pretty smart people that build products whose names you would recognize. While some attributes ring a bell, particularly the "no consistent style" does not. If anything, the brilliant people I've worked with were too rigid on a particular style, which led to spending too much effort on premature optimization. Could be that they thrive in the mayhem but I also wouldn't rule out that they are missing the forest through the trees and solving the relatively self-contained problems they know how to because they aren't particularly good at system design.

Even if they could somehow magically install gigawatts of solar power, all those furnaces in people's homes still run on natural gas.