A lot of people won’t find this useful but for some it’s a big blessing.
5,659 karma · joined November 27, 2014
A lot of people won’t find this useful but for some it’s a big blessing.
However Airbus was just wrong on the business side. It was the wrong plane built with old technology at the wrong time.
It’s also not clear why Airbus didn’t focus more on a freight version. The Boeing 747 is rarely used as a passenger plane anymore but Boeing realized these aircraft would have a second life as freighters hence why the nose section is as such (you can chop off the nose and put a giant door there for cargo). The 747 will continue as a freighter for many years to come.
Sadly it’s likely that many of the currently grounded A380s will never take off again.
This appears to be a case of the later. He’s free to print and distribute his book, but no private company is under any obligation to help him in that endeavor.
At some level our bodies are like machines. Feed it crappy fuel (food) and don’t give it good maintenance (exercise and sleep) and it won’t run well.
While CEOs are powerful and have a lot of autonomy on day-to-day decision making they too are generally employees employed at the discretion of the board. The board itself exists and is populated by individuals at the pleasure of a diverse set of shareholders. There’s real accountability. That’s not the case at Facebook. Again not saying that’s good or bad but the model was no secret when people signed on.
Not saying I agree with his actions (or inactions) and decisions but he’s been very clear about how Facebook works as a company and who’s in charge. Part of the big issue I see here with these “employee protests” at Facebook is that it seems employees didn’t pay attention to what they were signing up for when they joined. Mark is doing exactly what he said he would do in running the company. It’s not a democracy.
Laws are getting tighter too. It’s now illegal in many parts of the US to ask you how much you made in your previous job when that used to be a fairly common question.
They tried this. Was a disaster.
Any implementation should use this as a supplement only, not replacement for humans. For example a human watching 10 checkouts and quickly manually reviewing scenes flagged as suspicious. Any implementation should also account for the fact that loss will still occur and account for that in the RoI.
The fact that the technology is very error prone is not surprising (to anyone that actually builds AI tech). The issue here sounds like poor implementation and unrealistic expectations from management on what AI truly can and can’t do.
Doing this as a side bet with some extra money is one thing but putting your entire life savings into a highly speculative investment is not smart. Save your nest egg for “boring” stuff like broad index funds.
It seems that many want to stay in region but not right in the core of things, especially if their companies are shifting to WFH where daily commute is less of a deciding factor.
For better or worse Zoom has obtained “iPhone status” in corporate IT.
What killed the Blackberry was when decision makers had a personal iPhone and a work Blackberry and they finally turn up in the head of IT’s office and say “hey these things you’re making us use really suck, please just make it so we can use these iPhones which are soooo much better.”
I see exactly the same thing happening now with Zoom. I see IT types saying “but encryption” yadda yadda yadda and decision makers tuning up saying:
“This conferencing software you’re forcing us to use really stinks. I had a meeting with our soccer parents group on Zoom and it was so much better. Please switch us to this.”
A product that reaches that status stands to really disrupt the enterprise if they’re smart and take advantage of it.
That back-fired big time when the quality of service went to crap with companies rushing to bring these services back home.
Similar stories with tech outsourcing. There are things that have been successfully outsourced some functions to places like India, but there’s also a reason why high performing companies actually don’t seem to offshore key IP development efforts. The labor might be cheap but the true cost of bad quality is sky high.
So this will happen to an extent but cost can’t be the only factor driving decisions if the goal is long term success.
The content is good. Criticisms that the content is often shallow and more about the person than the topic are fair and valid. Your won’t really learn much actual skills apart from maybe the cooking ones. It’s interesting and inspiring content regardless.
You can find comparable stuff on YouTube if you know where to look and are willing to filter though things (lots of great biographic speeches on there and such) but I get their biz model and it makes sense. It’s basically super premium YouTube. They’ve attracted a very diverse and impressive mix of talent too.
Same with travel. Default should be a Zoom (or similar) but if an in person meeting or workshop is warranted then do it and just be prepared to justify the travel cost. Offices are very expensive so rightfully so companies are re-evaluating how much commercial real estate they truly need to execute their mission successfully.
I’m guessing a combination of that reporting, a general public shift against this sort of thing, along with serious questions about just how valuable all this tracking data really is led to this decision.
The actual travel experience itself though has totally gone in the other direction!
What will happen to the Jet office and team in Jersey? Will that just become a Wal-Mart Office now?
Both the user and the supplier we’re just gaming multiple apps to find the best deal with no loyalty whatsoever. It basically just boiled down to which VCs wanted to subsidize the transaction the most.
There are certainly a lot of these upside down companies spending $100 to obtain a customer so they can sell a product for $70 that costs them $60 to make.
The current “.com” implosion is broadly being marked by companies that do have “revenue” but only by using VC cash to create “fake markets.”
The whole story of buying pizzas from a normal pizza shop for $20 and selling them for $18 through your “app” is the stereotypical example of the current .com implosion. Anyone can sell $2 bills for $1, but that’s not a business and no you can’t “make it up on volume” because the only reason people are using your app is because you’re selling something for a crazy low unsustainable price.
The take home lesson from the current unfolding implosion is that a great product does not magically just equal a great business.
In most cases these metrics may as well just say “Hey, if for a moment you ignore all the things about our business model that make it unsustainable our finances look quite good! Ain’t that cool.”
Of course the creative accounting that goes into these things tries to say they’re just “one time” expenses and other factors that justify ignoring these costs but of course most companies that play these games seem to have tons of “one time expenses” every quarter so...
In some big cities you have many large buildings where their primary tenant was WeWork, which appears to be imploding, and now adding onto that the whole covid WFM shift where companies are starting to cancel and downsize future leases. When you start to dig into the revenue streams behind these buildings and the owners ability to pay the mortgage back it starts to look really shady in some cases.
Most buildings need a fairly high percentage of the floors to be leased out for the building rent to cover the mortgage and moving forward it seems a lot of buildings will struggle to hit that number. It’s going to be an interesting time for commercial office real estate.
On the plus side if you’re looking for office space there are going to be some amazing deals!