Case in point is AWS. I've been reading they are a PIP factory for the last couple of years. Doesn't seem like they have a major issue hiring (partly due to lack of a competitor who is doing better).
1,242 karma · joined November 8, 2016
Case in point is AWS. I've been reading they are a PIP factory for the last couple of years. Doesn't seem like they have a major issue hiring (partly due to lack of a competitor who is doing better).
Disclaimer: I did not go to an elite school. Went to a top CS program in a publicly funded institution. Have spoken to enough people in both camps to be sure my experience was not a fluke.
I wonder if part of the issue is no bank is willing to finance such a deal (given cashflow doesn't make sense with such a low prevailing vacancy rate).
I've heard of large firms stop making payment on commercial real-estate. How the heck does this work? If a regular person would do that on a mortgage, their credit would be destroyed. So you would still possibly make payments in hope of saving credit (although California is no recourse so not sure if that makes a difference; new york is not and companies are also stopping payments on properties there). Anyone have an explanation?
From an economics perspective, lets assume there was no govt regulation at all. I am not sure if the problem would be fixed. There is a trite old sayings .. "they aren't making any more land" or "location-location-location". But this inelastic supply of land is nothing new. So why is this happening now?
I do have kids and was also starting to think about college costs (or just let them pay it off).
AI has been known to work and be important for many years. The reason NVidia is in the position it is, is more due to the work of OpenAI, which of course builds on the entire community's effort.
I'm trying to rationalize so this is a genuine feeling and perhaps a question. How does one rationalize such wind-falls. I know about lottery tickets but the number of people that got a payoff on this one is vast. And yes, I'll admit I'm jealous.
I am getting some second thoughts about applications that will truly stick and generate value (ala iphone). My gut says same as yours but I have some skepticism as I can see the problems with the tech preventing the hockey stick.
I had to deal with a function not in my role, because the person responsible quit. The org was on a hiring freeze so I sucked it up. It was terrible as my goal was not to let the ship sink (that is a terribly low goal to have, frankly, but best under the circumstances). I asked for a pomo (which I believe I will be getting shortly). I also pushed for a new hire to fulfil the function (which has happened now).
So don't just accept shit. My 2 cents.