Is that application in python and uses numpy?
229 karma · joined May 3, 2014
In Europe, London and Berlin have much better access to capital and bigger startup scene; these things have to happen, you can't legislate them. Tax rate and business environment is the only thing that can be changed by at will and perhaps make the rest happen.
>It ignores factors such as cost of living (which is, at least, equally important), and quality of life.
Where Austria wins how? Don't cite average statistics: how is life in Austria better than the rest for someone earning ~€10k gross a month? Note that's always connected with the tax rate.
Want really cheap living? Go to Bucharest, great internet is a bonus, also many local developers, 16% linear tax. Want great quality of life? A waterfront property in Spain, Canarias, or even Bali, some guys work like that.
People may stay if it's ok, but to make them move to you, you need to be the BEST at some linear combination of all important factors.
>Nonsense. Young people need healthcare as well, be it for something trivial as flu medication or a visit to the dentist
Why do you need insurance for that? Just go and pay out of pocket. Btw there's no such thing as flu medication. The only medication you may need is something to decrease temperature, but that's OTC.
>or something far more serious.
Which is very unlikely if you are young. Even then, outside of US health care isn't that expensive.
That's just accounting fiction. You could as well make it so that the employer pays everything and proclaim there's zero tax. The employee has to make his entire cost (and more).
>Apart from that, 120.000,- EUR for a developer in Vienna seems a bit too much. I would expect something between 40.000 - 65.000 on average
Well yes, there's no financial reason for someone capable of earning more to be in Austria. Which means there are no companies that could use these people to their full potential. In other words brain drain.
Not like high tax is an exclusively Austrian problem. The only country in Europe with sane taxes is Switzerland.
There's NO way a startup in Austria is going to compete for talent with the rest of the world. Maybe Austria works for official company residency but not actual work.
>the benefits far outweigh the costs
Yes there are benefits and costs. It costs those that are highly productive and benefits the rest.
>or excellent healthcare.
which young people don't need, and by the time they are going to need it, the demographic situation (in the whole Europe) is going to be horrible and benefits are going to get seriously downsized.
It wouldn't, it purports to explain the differences in local salaries, or more precisely salaries paid by local entities to on-site developers.
It's true I didn't specify that explicitly in the first comment, along with definition of productivity, so your reading of it was a reasonable understanding. It's a good thing you helped me clarify the intended meaning.
One assumption is that foreign demand (for non-local use) for local on-site developers is small enough to not change the workforce demand significantly. So it won't work for India or other common offshore destination, but it seems to explain pay differences between USA and Spain, Norway and Switzerland reasonably.
A Swiss farmer is much more productive when measured in currency units, but probably not that much in milk volume.
However as we are talking about salary differences it's money that matters.
>So why would the GDP per capita of their country be a useful tool in deciding who to hire?
Why would it be? In this conceptual model the ability of a developer is how much he multiplies the output of whatever he's working on, but his productivity is the absolute value of added output. How could it be counted otherwise, in what? Lines of code?
If productivity didn't depend on location immigration wouldn't exist.
Outside of entertainment where software is a direct consumer product, the developer's productivity comes from increased efficiency of use of other productive resources. You can't eat code, but you can eat food that comes from higher production due to better software. So software has a multiplicative effect on existing production. That is, GDP.
Now even added value of entertainment software (games etc) depends on total GDP, because people have to pay with something for that entertainment.
So average developer's productivity IS a function of GDP, with different coefficient depending on the structure of a economy.
A primitive non-mechanized agricultural economy would have a coefficient of near zero because there's almost nothing to automate.
>Anyway GDP per capita using PPP (purchasing power parity) is seen as a fairer comparison.
A fundamentally wrong metric because pay is nominal.
Norway interestingly has almost the same pay as USA - $68,737 [2], probably because of high share of oil extraction in GDP (22% [3]) which skews the result. If you subtract oil share from the GDP, you get $56,195.88 nominal GDP per capita, which is almost the same as the American one ($57,220)!
Now Luxembourg is a tax haven/financial center with a population of half a million so I don't think it's a relevant comparison. Just due to population to get something close to true pay average you would have to ask a relatively (to other countries) very big percentage of their developers.
Same site for comparable data
[0] http://www.payscale.com/research/CH/Job=Software_Engineer/Sa...
[1] http://www.payscale.com/research/US/Job=Software_Developer/S...
[2] http://www.payscale.com/research/NO/Job=Software_Developer/S...
[3] https://www.ssb.no/en/befolkning/artikler-og-publikasjoner/_... page 40, graph
American nominal GDP per capita is 2.13 times that of Spain's and 1.38x that of Germany's, and the distance keeps increasing. There are many possible causes, but I think lower salaries are a symptom.
[0] https://en.wikipedia.org/wiki/History_of_supercomputing#Hist...
On a related note, wouldn't it make more sense to turn the radioactive waste into powder and dump it over a large area of sea or desert (Sahara is HUGE)? Given a large enough area it wouldn't even be detectable.
Also, infinite universe is not necessarily the same thing as a growing one.
For all we know all we see could be some local quirk of spacetime or whatever that creates a weird projection. I would at least wait for a return data from a probe in nearby star system's before accepting that yes, that's probably how it actually is, at least in our larger neighborhood.
Given interstellar distances, the annual rate of growth would be small, but still positive.
No, it's maximum size you can handle using a single-threaded poorly-optimized cpu software.
>Additionally, a profile of the CPU usage of this node, using golang’s great profile capabilities, shows that the CPU usage is dominated by the ECDSA signature verifications
OpenCL on gpu can easily process 50 MILLION bitcoin addresses per second (ecdsa + sha). [0] Note that OpenCL is available even on smartphones. For a very rough estimate, Adreno 530 on Snapdragon 820 has 500GFlops, 10% of 780 ti which can do 50M/s, so it should do about 5M/s. So a $400 smartphone should be more than enough to process 32MB blocks - provided the gpu is used.
City is efficient because transaction costs (transport and communication distance for workers and suppliers) are low. However, that's a function of technology. The cost of communication is getting more and more independent of distance; with full vr, it's going to be zero. Price of transport as function of distance would get to zero with teleportation technology.
Unless I missed something, it seems weird that several books were written on such a simple observation.
1. How does that correlation disprove it? It's entirely consistent with one common cause for all inequalities.
2. "Mean gender gap" is for people who did school-related tests, mainly PISA, not the general population. If the greater variability is true there will be much more severely mentally retarded males unable to even read. Depending on the size of the effect, the different mean could in fact confirm the hypothesis (that the mean is the same but std is greater).
3. No analysis whether the distribution of countries' result is consistent with greater variability for the whole human population. Especially jarring when they mention Iceland, a country so small that there are many individual schools elsewhere with more students than they have.
>These findings challenge the Greater Male Variability Hypothesis, which, if valid, should hold for all representative populations, regardless of ethnicity or nationality.
4. That's an entirely unwarranted assumption (in addition to 3). Are Asian-Americans in particular really representative of a general Asian population (with an American culture)? What about brain drain? The more recent the immigration, the harder it's to get in; simplifying for the sake of an example, if you only allow those with a X234 mutation in a B5 DNA location, don't be surprised when there's zero variability in a B5 location.
Even without a filter, why should the standard deviation in math skills be identical between genetically different populations? The identical variability should be true for the X-chromosome in general, not math-skills in particular.
The difference between a human and a ~80kg pile of basic elements is their arrangement. So unless the two are equivalent to you, you can't claim the arrangement has no value.
So no, nobody is losing. On the contrary, individual profit is only a fraction of the added value to the economy, because the counterparty is doing the exact same thing. Every voluntary trade is done in expectation of profit by both sides. When on average that expectation is more right than wrong, economy grows.
It's still 'beneficial' to both parties, because if you don't pay you will get legally killed for trespassing by police robots.
That's the situation on Earth, except 'the guy' is 'older generations' and the homeless are generally allowed to sleep rough on public land in most countries. Also no intergalactic internet.
Singapore isn't a free country. It's very efficient, rich and safe, yes.